Alliant Energy Corp (LNT)
Alliant Energy is a public utility holding company headquartered in Madison, Wisconsin providing power in Iowa and Wisconsin.
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 48.21% per annum.
- LNT price at the close of November 20, 2024 was $62.23 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1,149.42% per annum.
- LNT price at the close of November 20, 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 LNT 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: February 5, 2024
End date: November 20, 2024
a = 2.1528
b = 0.0011
s = 0.0283
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 48.21%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0283) – 1
= 11.98%
February 5, 2024 calculations
Top border of price channel:
Exp(Y1,056)
= Exp(a + b × X1,056 + 2 × s)
= Exp(a + b × 1,537 + 2 × s)
= Exp(2.1528 + 0.0011 × 1,537 + 2 × 0.0283)
= Exp(3.8662)
= $47.76
Bottom border of price channel:
Exp(Y1,056)
= Exp(a + b × X1,056 – 2 × s)
= Exp(a + b × 1,537 – 2 × s)
= Exp(2.1528 + 0.0011 × 1,537 – 2 × 0.0283)
= Exp(3.7530)
= $42.65
November 20, 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(2.1528 + 0.0011 × 1,826 + 2 × 0.0283)
= Exp(4.1777)
= $65.22
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(2.1528 + 0.0011 × 1,826 – 2 × 0.0283)
= Exp(4.0645)
= $58.24
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 48.21% per annum.
- LNT price at the close of November 20, 2024 was $62.23 and was inside the primary price channel.
Secondary Trend
Start date: November 6, 2024
End date: November 20, 2024
a = -8.4944
b = 0.0069
s = 0.0106
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0069) – 1
= 1,149.42%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0106) – 1
= 4.33%
November 6, 2024 calculations
Top border of price channel:
Exp(Y1,247)
= Exp(a + b × X1,247 + 2 × s)
= Exp(a + b × 1,812 + 2 × s)
= Exp(-8.4944 + 0.0069 × 1,812 + 2 × 0.0106)
= Exp(4.0631)
= $58.16
Bottom border of price channel:
Exp(Y1,247)
= Exp(a + b × X1,247 – 2 × s)
= Exp(a + b × 1,812 – 2 × s)
= Exp(-8.4944 + 0.0069 × 1,812 – 2 × 0.0106)
= Exp(4.0208)
= $55.74
November 20, 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(-8.4944 + 0.0069 × 1,826 + 2 × 0.0106)
= Exp(4.1600)
= $64.07
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-8.4944 + 0.0069 × 1,826 – 2 × 0.0106)
= Exp(4.1176)
= $61.41
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1,149.42% per annum.
- LNT price at the close of November 20, 2024 was inside the secondary price channel.