Frontier Communications Parent Inc (FYBR)
Frontier Communications Parent, Inc., provides various services to residential and business customers over its fiber optic and copper networks in 25 states in the United States. The company is headquartered in Norwalk, Connecticut.
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 77.78% per annum.
- FYBR price at the close of November 19, 2024 was $34.75 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 11.23% per annum.
- FYBR price at the close of November 19, 2024 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
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 FYBR 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 19, 2023
End date: November 19, 2024
a = 1.5191
b = 0.0016
s = 0.0954
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0016) – 1
= 77.78%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0954) – 1
= 46.48%
May 19, 2023 calculations
Top border of price channel:
Exp(Y515)
= Exp(a + b × X515 + 2 × s)
= Exp(a + b × 745 + 2 × s)
= Exp(1.5191 + 0.0016 × 745 + 2 × 0.0954)
= Exp(2.8844)
= $17.89
Bottom border of price channel:
Exp(Y515)
= Exp(a + b × X515 – 2 × s)
= Exp(a + b × 745 – 2 × s)
= Exp(1.5191 + 0.0016 × 745 – 2 × 0.0954)
= Exp(2.5027)
= $12.22
November 19, 2024 calculations
Top border of price channel:
Exp(Y893)
= Exp(a + b × X893 + 2 × s)
= Exp(a + b × 1,295 + 2 × s)
= Exp(1.5191 + 0.0016 × 1,295 + 2 × 0.0954)
= Exp(3.7515)
= $42.58
Bottom border of price channel:
Exp(Y893)
= Exp(a + b × X893 – 2 × s)
= Exp(a + b × 1,295 – 2 × s)
= Exp(1.5191 + 0.0016 × 1,295 – 2 × 0.0954)
= Exp(3.3697)
= $29.07
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 77.78% per annum.
- FYBR price at the close of November 19, 2024 was $34.75 and was inside the primary price channel.
Secondary Trend
Start date: September 6, 2024
End date: November 19, 2024
a = 3.9788
b = -0.0003
s = 0.0115
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -11.23%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0115) – 1
= 4.70%
September 6, 2024 calculations
Top border of price channel:
Exp(Y841)
= Exp(a + b × X841 + 2 × s)
= Exp(a + b × 1,221 + 2 × s)
= Exp(3.9788 + -0.0003 × 1,221 + 2 × 0.0115)
= Exp(3.6033)
= $36.72
Bottom border of price channel:
Exp(Y841)
= Exp(a + b × X841 – 2 × s)
= Exp(a + b × 1,221 – 2 × s)
= Exp(3.9788 + -0.0003 × 1,221 – 2 × 0.0115)
= Exp(3.5573)
= $35.07
November 19, 2024 calculations
Top border of price channel:
Exp(Y893)
= Exp(a + b × X893 + 2 × s)
= Exp(a + b × 1,295 + 2 × s)
= Exp(3.9788 + -0.0003 × 1,295 + 2 × 0.0115)
= Exp(3.5792)
= $35.84
Bottom border of price channel:
Exp(Y893)
= Exp(a + b × X893 – 2 × s)
= Exp(a + b × 1,295 – 2 × s)
= Exp(3.9788 + -0.0003 × 1,295 – 2 × 0.0115)
= Exp(3.5332)
= $34.23
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 11.23% per annum.
- FYBR price at the close of November 19, 2024 was inside the secondary price channel.