GE Aerospace (GE)
General Electric Company (GE) is an American multinational conglomerate incorporated in New York City and headquartered in Boston. As of 2018, the company operates through the following segments: aviation, healthcare, power, renewable energy, digital industry, additive manufacturing and venture capital and finance.
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 95.26% per annum.
- GE price at the close of March 31, 2025 was $200.15 and was lower than the bottom border of the primary price channel by $15.10 (7.02%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 30.43% per annum.
- GE 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 GE 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: June 9, 2022
End date: November 29, 2024
a = 2.2000
b = 0.0018
s = 0.0870
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0018) – 1
= 95.26%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0870) – 1
= 41.64%
June 9, 2022 calculations
Top border of price channel:
Exp(Y552)
= Exp(a + b × X552 + 2 × s)
= Exp(a + b × 799 + 2 × s)
= Exp(2.2000 + 0.0018 × 799 + 2 × 0.0870)
= Exp(3.8389)
= $46.48
Bottom border of price channel:
Exp(Y552)
= Exp(a + b × X552 – 2 × s)
= Exp(a + b × 799 – 2 × s)
= Exp(2.2000 + 0.0018 × 799 – 2 × 0.0870)
= Exp(3.4908)
= $32.81
November 29, 2024 calculations
Top border of price channel:
Exp(Y1,174)
= Exp(a + b × X1,174 + 2 × s)
= Exp(a + b × 1,703 + 2 × s)
= Exp(2.2000 + 0.0018 × 1,703 + 2 × 0.0870)
= Exp(5.4963)
= $243.78
Bottom border of price channel:
Exp(Y1,174)
= Exp(a + b × X1,174 – 2 × s)
= Exp(a + b × 1,703 – 2 × s)
= Exp(2.2000 + 0.0018 × 1,703 – 2 × 0.0870)
= Exp(5.1482)
= $172.11
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 95.26% per annum.
- GE price at the close of March 31, 2025 was $200.15 and was lower than the bottom border of the primary price channel by $15.10 (7.02%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 3, 2024
End date: March 31, 2025
a = 3.9671
b = 0.0007
s = 0.0488
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 30.43%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0488) – 1
= 21.55%
April 3, 2024 calculations
Top border of price channel:
Exp(Y1,007)
= Exp(a + b × X1,007 + 2 × s)
= Exp(a + b × 1,463 + 2 × s)
= Exp(3.9671 + 0.0007 × 1,463 + 2 × 0.0488)
= Exp(5.1297)
= $168.96
Bottom border of price channel:
Exp(Y1,007)
= Exp(a + b × X1,007 – 2 × s)
= Exp(a + b × 1,463 – 2 × s)
= Exp(3.9671 + 0.0007 × 1,463 – 2 × 0.0488)
= Exp(4.9345)
= $139.00
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(3.9671 + 0.0007 × 1,825 + 2 × 0.0488)
= Exp(5.3932)
= $219.91
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.9671 + 0.0007 × 1,825 – 2 × 0.0488)
= Exp(5.1980)
= $180.91
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 30.43% per annum.
- GE price at the close of March 31, 2025 was inside the secondary price channel.