KKR & Co LP (KKR)
None
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 97.25% per annum.
- KKR price at the close of October 16, 2024 was $135.67 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 68.46% per annum.
- KKR price at the close of October 16, 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 KKR 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: March 10, 2023
End date: October 16, 2024
a = 1.5028
b = 0.0019
s = 0.0676
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0019) – 1
= 97.25%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0676) – 1
= 31.07%
March 10, 2023 calculations
Top border of price channel:
Exp(Y854)
= Exp(a + b × X854 + 2 × s)
= Exp(a + b × 1,240 + 2 × s)
= Exp(1.5028 + 0.0019 × 1,240 + 2 × 0.0676)
= Exp(3.9457)
= $51.71
Bottom border of price channel:
Exp(Y854)
= Exp(a + b × X854 – 2 × s)
= Exp(a + b × 1,240 – 2 × s)
= Exp(1.5028 + 0.0019 × 1,240 – 2 × 0.0676)
= Exp(3.6752)
= $39.46
October 16, 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(1.5028 + 0.0019 × 1,826 + 2 × 0.0676)
= Exp(5.0363)
= $153.90
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(1.5028 + 0.0019 × 1,826 – 2 × 0.0676)
= Exp(4.7658)
= $117.42
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 97.25% per annum.
- KKR price at the close of October 16, 2024 was $135.67 and was inside the primary price channel.
Secondary Trend
Start date: January 26, 2024
End date: October 16, 2024
a = 2.2538
b = 0.0014
s = 0.0395
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 68.46%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0395) – 1
= 17.12%
January 26, 2024 calculations
Top border of price channel:
Exp(Y1,075)
= Exp(a + b × X1,075 + 2 × s)
= Exp(a + b × 1,562 + 2 × s)
= Exp(2.2538 + 0.0014 × 1,562 + 2 × 0.0395)
= Exp(4.5646)
= $96.02
Bottom border of price channel:
Exp(Y1,075)
= Exp(a + b × X1,075 – 2 × s)
= Exp(a + b × 1,562 – 2 × s)
= Exp(2.2538 + 0.0014 × 1,562 – 2 × 0.0395)
= Exp(4.4066)
= $81.99
October 16, 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(2.2538 + 0.0014 × 1,826 + 2 × 0.0395)
= Exp(4.9418)
= $140.02
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(2.2538 + 0.0014 × 1,826 – 2 × 0.0395)
= Exp(4.7838)
= $119.56
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 68.46% per annum.
- KKR price at the close of October 16, 2024 was inside the secondary price channel.