Kimco Realty Corporation (KIM)
Kimco Realty Corporation is a real estate investment trust (REIT) that invests in shopping centers.
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 87.16% per annum.
- KIM price at the close of November 19, 2024 was $25.05 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 39.83% per annum.
- KIM price at the close of November 19, 2024 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 KIM 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: April 10, 2024
End date: November 19, 2024
a = 0.0986
b = 0.0017
s = 0.0295
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0017) – 1
= 87.16%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0295) – 1
= 12.54%
April 10, 2024 calculations
Top border of price channel:
Exp(Y1,102)
= Exp(a + b × X1,102 + 2 × s)
= Exp(a + b × 1,603 + 2 × s)
= Exp(0.0986 + 0.0017 × 1,603 + 2 × 0.0295)
= Exp(2.9105)
= $18.37
Bottom border of price channel:
Exp(Y1,102)
= Exp(a + b × X1,102 – 2 × s)
= Exp(a + b × 1,603 – 2 × s)
= Exp(0.0986 + 0.0017 × 1,603 – 2 × 0.0295)
= Exp(2.7924)
= $16.32
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(0.0986 + 0.0017 × 1,826 + 2 × 0.0295)
= Exp(3.2934)
= $26.94
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(0.0986 + 0.0017 × 1,826 – 2 × 0.0295)
= Exp(3.1753)
= $23.94
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 87.16% per annum.
- KIM price at the close of November 19, 2024 was $25.05 and was inside the primary price channel.
Secondary Trend
Start date: August 20, 2024
End date: November 19, 2024
a = 1.5266
b = 0.0009
s = 0.0181
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0009) – 1
= 39.83%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0181) – 1
= 7.51%
August 20, 2024 calculations
Top border of price channel:
Exp(Y1,193)
= Exp(a + b × X1,193 + 2 × s)
= Exp(a + b × 1,735 + 2 × s)
= Exp(1.5266 + 0.0009 × 1,735 + 2 × 0.0181)
= Exp(3.1564)
= $23.49
Bottom border of price channel:
Exp(Y1,193)
= Exp(a + b × X1,193 – 2 × s)
= Exp(a + b × 1,735 – 2 × s)
= Exp(1.5266 + 0.0009 × 1,735 – 2 × 0.0181)
= Exp(3.0840)
= $21.85
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(1.5266 + 0.0009 × 1,826 + 2 × 0.0181)
= Exp(3.2400)
= $25.53
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(1.5266 + 0.0009 × 1,826 – 2 × 0.0181)
= Exp(3.1676)
= $23.75
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 39.83% per annum.
- KIM price at the close of November 19, 2024 was inside the secondary price channel.