Six Flags Entertainment Corporation (FUN)
Cedar Fair, LP owns and operates amusement and water parks and complementary resort facilities in the United States and Canada. The company is headquartered in Sandusky, Ohio.
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 56.25% per annum.
- FUN price at the close of July 14, 2025 was $28.71 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 38.68% per annum.
- FUN price at the close of July 14, 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 FUN 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: November 25, 2024
End date: July 14, 2025
a = 7.5237
b = -0.0023
s = 0.0666
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0023) – 1
= -56.25%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0666) – 1
= 30.53%
November 25, 2024 calculations
Top border of price channel:
Exp(Y1,099)
= Exp(a + b × X1,099 + 2 × s)
= Exp(a + b × 1,594 + 2 × s)
= Exp(7.5237 + -0.0023 × 1,594 + 2 × 0.0666)
= Exp(4.0470)
= $57.22
Bottom border of price channel:
Exp(Y1,099)
= Exp(a + b × X1,099 – 2 × s)
= Exp(a + b × 1,594 – 2 × s)
= Exp(7.5237 + -0.0023 × 1,594 – 2 × 0.0666)
= Exp(3.7805)
= $43.84
July 14, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(7.5237 + -0.0023 × 1,825 + 2 × 0.0666)
= Exp(3.5238)
= $33.91
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.5237 + -0.0023 × 1,825 – 2 × 0.0666)
= Exp(3.2574)
= $25.98
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 56.25% per annum.
- FUN price at the close of July 14, 2025 was $28.71 and was inside the primary price channel.
Secondary Trend
Start date: March 7, 2025
End date: July 14, 2025
a = 5.8777
b = -0.0013
s = 0.0622
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -38.68%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0622) – 1
= 28.23%
March 7, 2025 calculations
Top border of price channel:
Exp(Y1,167)
= Exp(a + b × X1,167 + 2 × s)
= Exp(a + b × 1,696 + 2 × s)
= Exp(5.8777 + -0.0013 × 1,696 + 2 × 0.0622)
= Exp(3.7295)
= $41.66
Bottom border of price channel:
Exp(Y1,167)
= Exp(a + b × X1,167 – 2 × s)
= Exp(a + b × 1,696 – 2 × s)
= Exp(5.8777 + -0.0013 × 1,696 – 2 × 0.0622)
= Exp(3.4809)
= $32.49
July 14, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(5.8777 + -0.0013 × 1,825 + 2 × 0.0622)
= Exp(3.5567)
= $35.05
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.8777 + -0.0013 × 1,825 – 2 × 0.0622)
= Exp(3.3080)
= $27.33
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 38.68% per annum.
- FUN price at the close of July 14, 2025 was inside the secondary price channel.