F5 Networks Inc (FFIV)
F5, Inc. is an American company that specializes in application delivery networking (ADN), application availability & performance, multi-cloud management, application security, network security, access & authorization and online fraud prevention. F5 is headquartered in Seattle, Washington, with additional development, manufacturing, and administrative offices worldwide.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 135.17% per annum.
- FFIV price at the close of November 19, 2024 was $239.67 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 354.86% per annum.
- FFIV price at the close of November 19, 2024 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 FFIV 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: May 29, 2024
End date: November 19, 2024
a = 1.2111
b = 0.0023
s = 0.0277
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0023) – 1
= 135.17%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0277) – 1
= 11.74%
May 29, 2024 calculations
Top border of price channel:
Exp(Y1,136)
= Exp(a + b × X1,136 + 2 × s)
= Exp(a + b × 1,652 + 2 × s)
= Exp(1.2111 + 0.0023 × 1,652 + 2 × 0.0277)
= Exp(5.1370)
= $170.20
Bottom border of price channel:
Exp(Y1,136)
= Exp(a + b × X1,136 – 2 × s)
= Exp(a + b × 1,652 – 2 × s)
= Exp(1.2111 + 0.0023 × 1,652 – 2 × 0.0277)
= Exp(5.0260)
= $152.32
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(1.2111 + 0.0023 × 1,826 + 2 × 0.0277)
= Exp(5.5446)
= $255.85
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(1.2111 + 0.0023 × 1,826 – 2 × 0.0277)
= Exp(5.4336)
= $228.98
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 135.17% per annum.
- FFIV price at the close of November 19, 2024 was $239.67 and was inside the primary price channel.
Secondary Trend
Start date: October 15, 2024
End date: November 19, 2024
a = -2.0650
b = 0.0042
s = 0.0256
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0042) – 1
= 354.86%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0256) – 1
= 10.79%
October 15, 2024 calculations
Top border of price channel:
Exp(Y1,232)
= Exp(a + b × X1,232 + 2 × s)
= Exp(a + b × 1,791 + 2 × s)
= Exp(-2.0650 + 0.0042 × 1,791 + 2 × 0.0256)
= Exp(5.4192)
= $225.69
Bottom border of price channel:
Exp(Y1,232)
= Exp(a + b × X1,232 – 2 × s)
= Exp(a + b × 1,791 – 2 × s)
= Exp(-2.0650 + 0.0042 × 1,791 – 2 × 0.0256)
= Exp(5.3167)
= $203.72
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(-2.0650 + 0.0042 × 1,826 + 2 × 0.0256)
= Exp(5.5644)
= $260.98
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-2.0650 + 0.0042 × 1,826 – 2 × 0.0256)
= Exp(5.4620)
= $235.57
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 354.86% per annum.
- FFIV price at the close of November 19, 2024 was inside the secondary price channel.