Kraft Heinz Co (KHC)
The Kraft Heinz Company (KHC), commonly known as Kraft Heinz, is an American food company formed by the merger of Kraft Foods and Heinz, co-headquartered in Chicago, Illinois, and Pittsburgh, Pennsylvania.
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 12.63% per annum.
- KHC price at the close of April 25, 2025 was $29.49 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 23.25% per annum.
- KHC price at the close of April 25, 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 KHC 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: December 6, 2023
End date: April 25, 2025
a = 4.0647
b = -0.0004
s = 0.0433
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0004) – 1
= -12.63%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0433) – 1
= 18.91%
December 6, 2023 calculations
Top border of price channel:
Exp(Y910)
= Exp(a + b × X910 + 2 × s)
= Exp(a + b × 1,318 + 2 × s)
= Exp(4.0647 + -0.0004 × 1,318 + 2 × 0.0433)
= Exp(3.6636)
= $39.00
Bottom border of price channel:
Exp(Y910)
= Exp(a + b × X910 – 2 × s)
= Exp(a + b × 1,318 – 2 × s)
= Exp(4.0647 + -0.0004 × 1,318 – 2 × 0.0433)
= Exp(3.4904)
= $32.80
April 25, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(4.0647 + -0.0004 × 1,824 + 2 × 0.0433)
= Exp(3.4764)
= $32.34
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(4.0647 + -0.0004 × 1,824 – 2 × 0.0433)
= Exp(3.3032)
= $27.20
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 12.63% per annum.
- KHC price at the close of April 25, 2025 was $29.49 and was inside the primary price channel.
Secondary Trend
Start date: July 31, 2024
End date: April 25, 2025
a = 4.6736
b = -0.0007
s = 0.0378
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -23.25%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0378) – 1
= 16.34%
July 31, 2024 calculations
Top border of price channel:
Exp(Y1,072)
= Exp(a + b × X1,072 + 2 × s)
= Exp(a + b × 1,556 + 2 × s)
= Exp(4.6736 + -0.0007 × 1,556 + 2 × 0.0378)
= Exp(3.6214)
= $37.39
Bottom border of price channel:
Exp(Y1,072)
= Exp(a + b × X1,072 – 2 × s)
= Exp(a + b × 1,556 – 2 × s)
= Exp(4.6736 + -0.0007 × 1,556 – 2 × 0.0378)
= Exp(3.4700)
= $32.14
April 25, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(4.6736 + -0.0007 × 1,824 + 2 × 0.0378)
= Exp(3.4271)
= $30.79
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(4.6736 + -0.0007 × 1,824 – 2 × 0.0378)
= Exp(3.2758)
= $26.46
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 23.25% per annum.
- KHC price at the close of April 25, 2025 was inside the secondary price channel.