Glacier Bancorp Inc (GBCI)
Glacier Bancorp, Inc. is the bank holding company for Glacier Bank providing commercial banking services to individuals, small and medium-sized businesses, community organizations, and public entities in the United States. The company is headquartered in Kalispell, Montana.
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 43.18% per annum.
- GBCI price at the close of November 19, 2024 was $55.84 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 147.76% per annum.
- GBCI 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 GBCI 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 1, 2023
End date: November 19, 2024
a = 2.0647
b = 0.0010
s = 0.0896
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0010) – 1
= 43.18%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0896) – 1
= 43.11%
May 1, 2023 calculations
Top border of price channel:
Exp(Y865)
= Exp(a + b × X865 + 2 × s)
= Exp(a + b × 1,258 + 2 × s)
= Exp(2.0647 + 0.0010 × 1,258 + 2 × 0.0896)
= Exp(3.4810)
= $32.49
Bottom border of price channel:
Exp(Y865)
= Exp(a + b × X865 – 2 × s)
= Exp(a + b × 1,258 – 2 × s)
= Exp(2.0647 + 0.0010 × 1,258 – 2 × 0.0896)
= Exp(3.1226)
= $22.71
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(2.0647 + 0.0010 × 1,826 + 2 × 0.0896)
= Exp(4.0395)
= $56.80
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(2.0647 + 0.0010 × 1,826 – 2 × 0.0896)
= Exp(3.6811)
= $39.69
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 43.18% per annum.
- GBCI price at the close of November 19, 2024 was $55.84 and was inside the primary price channel.
Secondary Trend
Start date: May 28, 2024
End date: November 19, 2024
a = -0.5550
b = 0.0025
s = 0.0546
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0025) – 1
= 147.76%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0546) – 1
= 24.40%
May 28, 2024 calculations
Top border of price channel:
Exp(Y1,135)
= Exp(a + b × X1,135 + 2 × s)
= Exp(a + b × 1,651 + 2 × s)
= Exp(-0.5550 + 0.0025 × 1,651 + 2 × 0.0546)
= Exp(3.6582)
= $38.79
Bottom border of price channel:
Exp(Y1,135)
= Exp(a + b × X1,135 – 2 × s)
= Exp(a + b × 1,651 – 2 × s)
= Exp(-0.5550 + 0.0025 × 1,651 – 2 × 0.0546)
= Exp(3.4398)
= $31.18
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(-0.5550 + 0.0025 × 1,826 + 2 × 0.0546)
= Exp(4.0932)
= $59.93
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-0.5550 + 0.0025 × 1,826 – 2 × 0.0546)
= Exp(3.8749)
= $48.18
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 147.76% per annum.
- GBCI price at the close of November 19, 2024 was inside the secondary price channel.