Hims Hers Health Inc (HIMS)
Hims & Hers Health, Inc. operates a multi-specialty telehealth platform that connects consumers with licensed healthcare professionals. The company is headquartered in San Francisco, California.
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 79.33% per annum.
- HIMS price at the close of January 28, 2025 was $31.54 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 210.80% per annum.
- HIMS price at the close of January 28, 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 HIMS 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: January 18, 2022
End date: January 28, 2025
a = 0.1857
b = 0.0016
s = 0.2478
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0016) – 1
= 79.33%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.2478) – 1
= 169.39%
January 18, 2022 calculations
Top border of price channel:
Exp(Y497)
= Exp(a + b × X497 + 2 × s)
= Exp(a + b × 720 + 2 × s)
= Exp(0.1857 + 0.0016 × 720 + 2 × 0.2478)
= Exp(1.8333)
= $6.25
Bottom border of price channel:
Exp(Y497)
= Exp(a + b × X497 – 2 × s)
= Exp(a + b × 720 – 2 × s)
= Exp(0.1857 + 0.0016 × 720 – 2 × 0.2478)
= Exp(0.8423)
= $2.32
January 28, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(0.1857 + 0.0016 × 1,826 + 2 × 0.2478)
= Exp(3.6030)
= $36.71
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(0.1857 + 0.0016 × 1,826 – 2 × 0.2478)
= Exp(2.6120)
= $13.63
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 79.33% per annum.
- HIMS price at the close of January 28, 2025 was $31.54 and was inside the primary price channel.
Secondary Trend
Start date: August 14, 2023
End date: January 28, 2025
a = -2.2287
b = 0.0031
s = 0.1765
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0031) – 1
= 210.80%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1765) – 1
= 102.60%
August 14, 2023 calculations
Top border of price channel:
Exp(Y891)
= Exp(a + b × X891 + 2 × s)
= Exp(a + b × 1,293 + 2 × s)
= Exp(-2.2287 + 0.0031 × 1,293 + 2 × 0.1765)
= Exp(2.1413)
= $8.51
Bottom border of price channel:
Exp(Y891)
= Exp(a + b × X891 – 2 × s)
= Exp(a + b × 1,293 – 2 × s)
= Exp(-2.2287 + 0.0031 × 1,293 – 2 × 0.1765)
= Exp(1.4353)
= $4.20
January 28, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(-2.2287 + 0.0031 × 1,826 + 2 × 0.1765)
= Exp(3.7972)
= $44.58
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-2.2287 + 0.0031 × 1,826 – 2 × 0.1765)
= Exp(3.0912)
= $22.00
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 210.80% per annum.
- HIMS price at the close of January 28, 2025 was inside the secondary price channel.