Kellanova (K)
Kellanova, formerly known as the Kellogg Company, is a leading American multinational food manufacturing company headquartered in Battle Creek, Michigan. The company is renowned for its diverse portfolio of well-established brands in the breakfast cereals, snacks, and convenience foods categories, catering to consumer preferences for nutritious and convenient products. With a strategic focus on innovation and sustainability, Kellanova is positioned to drive growth while adapting to changing market dynamics and consumer needs in the global food landscape.
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 6.86% per annum.
- K price at the close of December 11, 2025 was $83.44 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1.63% per annum.
- K price at the close of December 11, 2025 was higher than the top border of the secondary price channel by $1.11 (1.34%).
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 K 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: August 14, 2024
End date: June 9, 2025
a = 4.1056
b = 0.0002
s = 0.0044
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 6.86%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0044) – 1
= 1.78%
August 14, 2024 calculations
Top border of price channel:
Exp(Y906)
= Exp(a + b × X906 + 2 × s)
= Exp(a + b × 1,316 + 2 × s)
= Exp(4.1056 + 0.0002 × 1,316 + 2 × 0.0044)
= Exp(4.3536)
= $77.76
Bottom border of price channel:
Exp(Y906)
= Exp(a + b × X906 – 2 × s)
= Exp(a + b × 1,316 – 2 × s)
= Exp(4.1056 + 0.0002 × 1,316 – 2 × 0.0044)
= Exp(4.3360)
= $76.40
June 9, 2025 calculations
Top border of price channel:
Exp(Y1,110)
= Exp(a + b × X1,110 + 2 × s)
= Exp(a + b × 1,615 + 2 × s)
= Exp(4.1056 + 0.0002 × 1,615 + 2 × 0.0044)
= Exp(4.4079)
= $82.10
Bottom border of price channel:
Exp(Y1,110)
= Exp(a + b × X1,110 – 2 × s)
= Exp(a + b × 1,615 – 2 × s)
= Exp(4.1056 + 0.0002 × 1,615 – 2 × 0.0044)
= Exp(4.3903)
= $80.66
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 6.86% per annum.
- K price at the close of December 11, 2025 was $83.44 and was inside the primary price channel.
Secondary Trend
Start date: August 14, 2024
End date: September 26, 2025
a = 4.3022
b = 0.0000
s = 0.0145
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= 1.63%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0145) – 1
= 5.97%
August 14, 2024 calculations
Top border of price channel:
Exp(Y906)
= Exp(a + b × X906 + 2 × s)
= Exp(a + b × 1,316 + 2 × s)
= Exp(4.3022 + 0.0000 × 1,316 + 2 × 0.0145)
= Exp(4.3894)
= $80.59
Bottom border of price channel:
Exp(Y906)
= Exp(a + b × X906 – 2 × s)
= Exp(a + b × 1,316 – 2 × s)
= Exp(4.3022 + 0.0000 × 1,316 – 2 × 0.0145)
= Exp(4.3314)
= $76.05
September 26, 2025 calculations
Top border of price channel:
Exp(Y1,186)
= Exp(a + b × X1,186 + 2 × s)
= Exp(a + b × 1,724 + 2 × s)
= Exp(4.3022 + 0.0000 × 1,724 + 2 × 0.0145)
= Exp(4.4074)
= $82.06
Bottom border of price channel:
Exp(Y1,186)
= Exp(a + b × X1,186 – 2 × s)
= Exp(a + b × 1,724 – 2 × s)
= Exp(4.3022 + 0.0000 × 1,724 – 2 × 0.0145)
= Exp(4.3494)
= $77.43
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1.63% per annum.
- K price at the close of December 11, 2025 was higher than the top border of the secondary price channel by $1.11 (1.34%).