Knowles Cor (KN)
Knowles Corporation designs, manufactures and sells microacoustic, audio processing and precision device solutions for the mobile consumer electronics, communications, medical technology, defense, electric and industrial vehicle markets. The company is headquartered in Itasca, Illinois.
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 72.17% per annum.
- KN price at the close of March 31, 2025 was $15.20 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 36.45% per annum.
- KN price at the close of March 31, 2025 was lower than the bottom border of the secondary price channel by $0.02 (0.15%).
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 KN 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 3, 2025
End date: March 31, 2025
a = 9.1247
b = -0.0035
s = 0.0254
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0035) – 1
= -72.17%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0254) – 1
= 10.70%
January 3, 2025 calculations
Top border of price channel:
Exp(Y1,197)
= Exp(a + b × X1,197 + 2 × s)
= Exp(a + b × 1,738 + 2 × s)
= Exp(9.1247 + -0.0035 × 1,738 + 2 × 0.0254)
= Exp(3.0855)
= $21.88
Bottom border of price channel:
Exp(Y1,197)
= Exp(a + b × X1,197 – 2 × s)
= Exp(a + b × 1,738 – 2 × s)
= Exp(9.1247 + -0.0035 × 1,738 – 2 × 0.0254)
= Exp(2.9838)
= $19.76
March 31, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(9.1247 + -0.0035 × 1,825 + 2 × 0.0254)
= Exp(2.7807)
= $16.13
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(9.1247 + -0.0035 × 1,825 – 2 × 0.0254)
= Exp(2.6790)
= $14.57
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 72.17% per annum.
- KN price at the close of March 31, 2025 was $15.20 and was inside the primary price channel.
Secondary Trend
Start date: February 27, 2025
End date: March 31, 2025
a = 5.0250
b = -0.0012
s = 0.0178
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0012) – 1
= -36.45%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0178) – 1
= 7.40%
February 27, 2025 calculations
Top border of price channel:
Exp(Y1,233)
= Exp(a + b × X1,233 + 2 × s)
= Exp(a + b × 1,793 + 2 × s)
= Exp(5.0250 + -0.0012 × 1,793 + 2 × 0.0178)
= Exp(2.8339)
= $17.01
Bottom border of price channel:
Exp(Y1,233)
= Exp(a + b × X1,233 – 2 × s)
= Exp(a + b × 1,793 – 2 × s)
= Exp(5.0250 + -0.0012 × 1,793 – 2 × 0.0178)
= Exp(2.7625)
= $15.84
March 31, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(5.0250 + -0.0012 × 1,825 + 2 × 0.0178)
= Exp(2.7941)
= $16.35
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.0250 + -0.0012 × 1,825 – 2 × 0.0178)
= Exp(2.7228)
= $15.22
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 36.45% per annum.
- KN price at the close of March 31, 2025 was lower than the bottom border of the secondary price channel by $0.02 (0.15%).