eXp World Holdings Inc (EXPI)
eXp World Holdings, Inc. provides cloud-based real estate brokerage services for residential home owners and buyers in the United States, Canada, United Kingdom, Australia, South Africa, Portugal, France, Mexico, and India. The company is headquartered in Bellingham, Washington.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 51.55% per annum.
- EXPI price at the close of March 31, 2025 was $9.78 and was higher than the top border of the primary price channel by $5.80 (145.79%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 5.53% per annum.
- EXPI price at the close of March 31, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of EXPI price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: December 10, 2020
End date: May 9, 2023
a = 4.4883
b = -0.0020
s = 0.2582
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0020) – 1
= -51.55%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.2582) – 1
= 180.84%
December 10, 2020 calculations
Top border of price channel:
Exp(Y176)
= Exp(a + b × X176 + 2 × s)
= Exp(a + b × 253 + 2 × s)
= Exp(4.4883 + -0.0020 × 253 + 2 × 0.2582)
= Exp(4.5023)
= $90.22
Bottom border of price channel:
Exp(Y176)
= Exp(a + b × X176 – 2 × s)
= Exp(a + b × 253 – 2 × s)
= Exp(4.4883 + -0.0020 × 253 – 2 × 0.2582)
= Exp(3.4697)
= $32.13
May 9, 2023 calculations
Top border of price channel:
Exp(Y781)
= Exp(a + b × X781 + 2 × s)
= Exp(a + b × 1,133 + 2 × s)
= Exp(4.4883 + -0.0020 × 1,133 + 2 × 0.2582)
= Exp(2.7550)
= $15.72
Bottom border of price channel:
Exp(Y781)
= Exp(a + b × X781 – 2 × s)
= Exp(a + b × 1,133 – 2 × s)
= Exp(4.4883 + -0.0020 × 1,133 – 2 × 0.2582)
= Exp(1.7224)
= $5.60
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 51.55% per annum.
- EXPI price at the close of March 31, 2025 was $9.78 and was higher than the top border of the primary price channel by $5.80 (145.79%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 6, 2022
End date: March 31, 2025
a = 2.7647
b = -0.0002
s = 0.1872
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0002) – 1
= -5.53%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1872) – 1
= 111.42%
April 6, 2022 calculations
Top border of price channel:
Exp(Y508)
= Exp(a + b × X508 + 2 × s)
= Exp(a + b × 735 + 2 × s)
= Exp(2.7647 + -0.0002 × 735 + 2 × 0.1872)
= Exp(3.0245)
= $20.58
Bottom border of price channel:
Exp(Y508)
= Exp(a + b × X508 – 2 × s)
= Exp(a + b × 735 – 2 × s)
= Exp(2.7647 + -0.0002 × 735 – 2 × 0.1872)
= Exp(2.2758)
= $9.74
March 31, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(2.7647 + -0.0002 × 1,825 + 2 × 0.1872)
= Exp(2.8545)
= $17.37
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.7647 + -0.0002 × 1,825 – 2 × 0.1872)
= Exp(2.1059)
= $8.21
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 5.53% per annum.
- EXPI price at the close of March 31, 2025 was inside the secondary price channel.