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 11.39% per annum.
  • GEV price at the close of March 31, 2025 was $305.28 and was inside the primary price channel.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 75.94% per annum.
  • GEV 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 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: March 31, 2025

a = 5.9346

b = -0.0003

s = 0.0848

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -11.39%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0848) – 1
= 40.37%

November 6, 2024 calculations

Top border of price channel:

Exp(Y155)
= Exp(a + b × X155 + 2 × s)
= Exp(a + b × 224 + 2 × s)
= Exp(5.9346 + -0.0003 × 224 + 2 × 0.0848)
= Exp(6.0300)
= $415.70

Bottom border of price channel:

Exp(Y155)
= Exp(a + b × X155 – 2 × s)
= Exp(a + b × 224 – 2 × s)
= Exp(5.9346 + -0.0003 × 224 – 2 × 0.0848)
= Exp(5.6908)
= $296.14

March 31, 2025 calculations

Top border of price channel:

Exp(Y252)
= Exp(a + b × X252 + 2 × s)
= Exp(a + b × 369 + 2 × s)
= Exp(5.9346 + -0.0003 × 369 + 2 × 0.0848)
= Exp(5.9819)
= $396.20

Bottom border of price channel:

Exp(Y252)
= Exp(a + b × X252 – 2 × s)
= Exp(a + b × 369 – 2 × s)
= Exp(5.9346 + -0.0003 × 369 – 2 × 0.0848)
= Exp(5.6428)
= $282.26

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 11.39% per annum.
  • GEV price at the close of March 31, 2025 was $305.28 and was inside the primary price channel.

Secondary Trend

Start date: January 14, 2025
End date: March 31, 2025

a = 7.1353

b = -0.0039

s = 0.0695

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0039) – 1
= -75.94%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0695) – 1
= 32.07%

January 14, 2025 calculations

Top border of price channel:

Exp(Y200)
= Exp(a + b × X200 + 2 × s)
= Exp(a + b × 293 + 2 × s)
= Exp(7.1353 + -0.0039 × 293 + 2 × 0.0695)
= Exp(6.1307)
= $459.78

Bottom border of price channel:

Exp(Y200)
= Exp(a + b × X200 – 2 × s)
= Exp(a + b × 293 – 2 × s)
= Exp(7.1353 + -0.0039 × 293 – 2 × 0.0695)
= Exp(5.8526)
= $348.14

March 31, 2025 calculations

Top border of price channel:

Exp(Y252)
= Exp(a + b × X252 + 2 × s)
= Exp(a + b × 369 + 2 × s)
= Exp(7.1353 + -0.0039 × 369 + 2 × 0.0695)
= Exp(5.8341)
= $341.76

Bottom border of price channel:

Exp(Y252)
= Exp(a + b × X252 – 2 × s)
= Exp(a + b × 369 – 2 × s)
= Exp(7.1353 + -0.0039 × 369 – 2 × 0.0695)
= Exp(5.5560)
= $258.78

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 75.94% per annum.
  • GEV price at the close of March 31, 2025 was inside the secondary price channel.

See Also

Symbol

Company name

AZZ
AZZ Incorporated