GE Vernova LLC (GEV)
GE Vernova LLC, an energy business company, generates electricity.
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 12.21% per annum.
- GEV price at the close of April 2, 2025 was $330.80 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 73.81% per annum.
- GEV price at the close of April 2, 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 GEV 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 6, 2024
End date: April 2, 2025
a = 5.9416
b = -0.0004
s = 0.0841
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0004) – 1
= -12.21%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0841) – 1
= 39.99%
November 6, 2024 calculations
Top border of price channel:
Exp(Y155)
= Exp(a + b × X155 + 2 × s)
= Exp(a + b × 224 + 2 × s)
= Exp(5.9416 + -0.0004 × 224 + 2 × 0.0841)
= Exp(6.0298)
= $415.65
Bottom border of price channel:
Exp(Y155)
= Exp(a + b × X155 – 2 × s)
= Exp(a + b × 224 – 2 × s)
= Exp(5.9416 + -0.0004 × 224 – 2 × 0.0841)
= Exp(5.6934)
= $296.91
April 2, 2025 calculations
Top border of price channel:
Exp(Y254)
= Exp(a + b × X254 + 2 × s)
= Exp(a + b × 371 + 2 × s)
= Exp(5.9416 + -0.0004 × 371 + 2 × 0.0841)
= Exp(5.9774)
= $394.40
Bottom border of price channel:
Exp(Y254)
= Exp(a + b × X254 – 2 × s)
= Exp(a + b × 371 – 2 × s)
= Exp(5.9416 + -0.0004 × 371 – 2 × 0.0841)
= Exp(5.6410)
= $281.73
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 12.21% per annum.
- GEV price at the close of April 2, 2025 was $330.80 and was inside the primary price channel.
Secondary Trend
Start date: January 14, 2025
End date: April 2, 2025
a = 7.0612
b = -0.0037
s = 0.0702
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0037) – 1
= -73.81%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0702) – 1
= 32.44%
January 14, 2025 calculations
Top border of price channel:
Exp(Y200)
= Exp(a + b × X200 + 2 × s)
= Exp(a + b × 293 + 2 × s)
= Exp(7.0612 + -0.0037 × 293 + 2 × 0.0702)
= Exp(6.1262)
= $457.70
Bottom border of price channel:
Exp(Y200)
= Exp(a + b × X200 – 2 × s)
= Exp(a + b × 293 – 2 × s)
= Exp(7.0612 + -0.0037 × 293 – 2 × 0.0702)
= Exp(5.8452)
= $345.58
April 2, 2025 calculations
Top border of price channel:
Exp(Y254)
= Exp(a + b × X254 + 2 × s)
= Exp(a + b × 371 + 2 × s)
= Exp(7.0612 + -0.0037 × 371 + 2 × 0.0702)
= Exp(5.8399)
= $343.75
Bottom border of price channel:
Exp(Y254)
= Exp(a + b × X254 – 2 × s)
= Exp(a + b × 371 – 2 × s)
= Exp(7.0612 + -0.0037 × 371 – 2 × 0.0702)
= Exp(5.5589)
= $259.54
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 73.81% per annum.
- GEV price at the close of April 2, 2025 was inside the secondary price channel.