Stock Price Trends

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.

See Also

Symbol

Company name

AZZ
AZZ Incorporated