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 18.80% per annum.
- GEV price at the close of April 24, 2025 was $360.49 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 60.17% per annum.
- GEV price at the close of April 24, 2025 was higher than the top border of the secondary price channel by $17.26 (5.03%). This indicates a possible reversal in the secondary trend direction.
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 23, 2025
a = 5.9991
b = -0.0006
s = 0.0837
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0006) – 1
= -18.80%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0837) – 1
= 39.77%
November 6, 2024 calculations
Top border of price channel:
Exp(Y155)
= Exp(a + b × X155 + 2 × s)
= Exp(a + b × 224 + 2 × s)
= Exp(5.9991 + -0.0006 × 224 + 2 × 0.0837)
= Exp(6.0387)
= $419.37
Bottom border of price channel:
Exp(Y155)
= Exp(a + b × X155 – 2 × s)
= Exp(a + b × 224 – 2 × s)
= Exp(5.9991 + -0.0006 × 224 – 2 × 0.0837)
= Exp(5.7039)
= $300.04
April 23, 2025 calculations
Top border of price channel:
Exp(Y268)
= Exp(a + b × X268 + 2 × s)
= Exp(a + b × 392 + 2 × s)
= Exp(5.9991 + -0.0006 × 392 + 2 × 0.0837)
= Exp(5.9429)
= $381.04
Bottom border of price channel:
Exp(Y268)
= Exp(a + b × X268 – 2 × s)
= Exp(a + b × 392 – 2 × s)
= Exp(5.9991 + -0.0006 × 392 – 2 × 0.0837)
= Exp(5.6081)
= $272.62
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 18.80% per annum.
- GEV price at the close of April 24, 2025 was $360.49 and was inside the primary price channel.
Secondary Trend
Start date: January 6, 2025
End date: April 23, 2025
a = 6.6806
b = -0.0025
s = 0.0744
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0025) – 1
= -60.17%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0744) – 1
= 34.69%
January 6, 2025 calculations
Top border of price channel:
Exp(Y195)
= Exp(a + b × X195 + 2 × s)
= Exp(a + b × 285 + 2 × s)
= Exp(6.6806 + -0.0025 × 285 + 2 × 0.0744)
= Exp(6.1108)
= $450.68
Bottom border of price channel:
Exp(Y195)
= Exp(a + b × X195 – 2 × s)
= Exp(a + b × 285 – 2 × s)
= Exp(6.6806 + -0.0025 × 285 – 2 × 0.0744)
= Exp(5.8130)
= $334.62
April 23, 2025 calculations
Top border of price channel:
Exp(Y268)
= Exp(a + b × X268 + 2 × s)
= Exp(a + b × 392 + 2 × s)
= Exp(6.6806 + -0.0025 × 392 + 2 × 0.0744)
= Exp(5.8409)
= $344.10
Bottom border of price channel:
Exp(Y268)
= Exp(a + b × X268 – 2 × s)
= Exp(a + b × 392 – 2 × s)
= Exp(6.6806 + -0.0025 × 392 – 2 × 0.0744)
= Exp(5.5432)
= $255.48
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 60.17% per annum.
- GEV price at the close of April 24, 2025 was higher than the top border of the secondary price channel by $17.26 (5.03%). This indicates a possible reversal in the secondary trend direction.