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 increasing.
- The growth rate of the primary trend is 18.91% per annum.
- KN price at the close of November 19, 2024 was $18.13 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 10.84% per annum.
- KN 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 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: September 5, 2023
End date: November 19, 2024
a = 2.0467
b = 0.0005
s = 0.0562
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 18.91%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0562) – 1
= 25.23%
September 5, 2023 calculations
Top border of price channel:
Exp(Y952)
= Exp(a + b × X952 + 2 × s)
= Exp(a + b × 1,385 + 2 × s)
= Exp(2.0467 + 0.0005 × 1,385 + 2 × 0.0562)
= Exp(2.8164)
= $16.72
Bottom border of price channel:
Exp(Y952)
= Exp(a + b × X952 – 2 × s)
= Exp(a + b × 1,385 – 2 × s)
= Exp(2.0467 + 0.0005 × 1,385 – 2 × 0.0562)
= Exp(2.5914)
= $13.35
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(2.0467 + 0.0005 × 1,826 + 2 × 0.0562)
= Exp(3.0257)
= $20.61
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(2.0467 + 0.0005 × 1,826 – 2 × 0.0562)
= Exp(2.8007)
= $16.46
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 18.91% per annum.
- KN price at the close of November 19, 2024 was $18.13 and was inside the primary price channel.
Secondary Trend
Start date: November 14, 2023
End date: November 19, 2024
a = 2.3733
b = 0.0003
s = 0.0451
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 10.84%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0451) – 1
= 19.77%
November 14, 2023 calculations
Top border of price channel:
Exp(Y1,002)
= Exp(a + b × X1,002 + 2 × s)
= Exp(a + b × 1,455 + 2 × s)
= Exp(2.3733 + 0.0003 × 1,455 + 2 × 0.0451)
= Exp(2.8737)
= $17.70
Bottom border of price channel:
Exp(Y1,002)
= Exp(a + b × X1,002 – 2 × s)
= Exp(a + b × 1,455 – 2 × s)
= Exp(2.3733 + 0.0003 × 1,455 – 2 × 0.0451)
= Exp(2.6933)
= $14.78
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(2.3733 + 0.0003 × 1,826 + 2 × 0.0451)
= Exp(2.9783)
= $19.65
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(2.3733 + 0.0003 × 1,826 – 2 × 0.0451)
= Exp(2.7979)
= $16.41
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 10.84% per annum.
- KN price at the close of November 19, 2024 was inside the secondary price channel.