Las Vegas Sands Corp (LVS)
Las Vegas Sands Corporation is an American casino and resort company based in Paradise, Nevada, United States. Its resorts feature accommodations, gambling and entertainment, convention and exhibition facilities, restaurants and clubs, as well as an art and science museum in Singapore.
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 18.70% per annum.
- LVS price at the close of March 31, 2025 was $38.63 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 1.98% per annum.
- LVS price at the close of March 31, 2025 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 LVS 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 10, 2023
End date: September 25, 2024
a = 4.6467
b = -0.0006
s = 0.0703
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0006) – 1
= -18.70%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0703) – 1
= 32.45%
January 10, 2023 calculations
Top border of price channel:
Exp(Y699)
= Exp(a + b × X699 + 2 × s)
= Exp(a + b × 1,014 + 2 × s)
= Exp(4.6467 + -0.0006 × 1,014 + 2 × 0.0703)
= Exp(4.2122)
= $67.51
Bottom border of price channel:
Exp(Y699)
= Exp(a + b × X699 – 2 × s)
= Exp(a + b × 1,014 – 2 × s)
= Exp(4.6467 + -0.0006 × 1,014 – 2 × 0.0703)
= Exp(3.9312)
= $50.97
September 25, 2024 calculations
Top border of price channel:
Exp(Y1,128)
= Exp(a + b × X1,128 + 2 × s)
= Exp(a + b × 1,638 + 2 × s)
= Exp(4.6467 + -0.0006 × 1,638 + 2 × 0.0703)
= Exp(3.8584)
= $47.39
Bottom border of price channel:
Exp(Y1,128)
= Exp(a + b × X1,128 – 2 × s)
= Exp(a + b × 1,638 – 2 × s)
= Exp(4.6467 + -0.0006 × 1,638 – 2 × 0.0703)
= Exp(3.5773)
= $35.78
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 18.70% per annum.
- LVS price at the close of March 31, 2025 was $38.63 and was inside the primary price channel.
Secondary Trend
Start date: September 7, 2023
End date: March 20, 2025
a = 3.9195
b = -0.0001
s = 0.0910
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0001) – 1
= -1.98%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0910) – 1
= 43.89%
September 7, 2023 calculations
Top border of price channel:
Exp(Y864)
= Exp(a + b × X864 + 2 × s)
= Exp(a + b × 1,254 + 2 × s)
= Exp(3.9195 + -0.0001 × 1,254 + 2 × 0.0910)
= Exp(4.0326)
= $56.41
Bottom border of price channel:
Exp(Y864)
= Exp(a + b × X864 – 2 × s)
= Exp(a + b × 1,254 – 2 × s)
= Exp(3.9195 + -0.0001 × 1,254 – 2 × 0.0910)
= Exp(3.6688)
= $39.20
March 20, 2025 calculations
Top border of price channel:
Exp(Y1,248)
= Exp(a + b × X1,248 + 2 × s)
= Exp(a + b × 1,814 + 2 × s)
= Exp(3.9195 + -0.0001 × 1,814 + 2 × 0.0910)
= Exp(4.0019)
= $54.70
Bottom border of price channel:
Exp(Y1,248)
= Exp(a + b × X1,248 – 2 × s)
= Exp(a + b × 1,814 – 2 × s)
= Exp(3.9195 + -0.0001 × 1,814 – 2 × 0.0910)
= Exp(3.6380)
= $38.02
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 1.98% per annum.
- LVS price at the close of March 31, 2025 was inside the secondary price channel.