Masimo Corporation (MASI)
Masimo Corporation develops, manufactures and markets non-invasive monitoring technologies and hospital automation solutions globally. The company is headquartered in Irvine, California.
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 471.97% per annum.
- MASI price at the close of November 19, 2024 was $163.50 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 297.74% per annum.
- MASI 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 MASI 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: August 27, 2024
End date: November 19, 2024
a = -3.6201
b = 0.0048
s = 0.0407
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0048) – 1
= 471.97%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0407) – 1
= 17.70%
August 27, 2024 calculations
Top border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 + 2 × s)
= Exp(a + b × 1,742 + 2 × s)
= Exp(-3.6201 + 0.0048 × 1,742 + 2 × 0.0407)
= Exp(4.7844)
= $119.63
Bottom border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 – 2 × s)
= Exp(a + b × 1,742 – 2 × s)
= Exp(-3.6201 + 0.0048 × 1,742 – 2 × 0.0407)
= Exp(4.6215)
= $101.64
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(-3.6201 + 0.0048 × 1,826 + 2 × 0.0407)
= Exp(5.1858)
= $178.71
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-3.6201 + 0.0048 × 1,826 – 2 × 0.0407)
= Exp(5.0228)
= $151.84
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 471.97% per annum.
- MASI price at the close of November 19, 2024 was $163.50 and was inside the primary price channel.
Secondary Trend
Start date: September 25, 2024
End date: November 19, 2024
a = -1.8210
b = 0.0038
s = 0.0316
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0038) – 1
= 297.74%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0316) – 1
= 13.47%
September 25, 2024 calculations
Top border of price channel:
Exp(Y1,218)
= Exp(a + b × X1,218 + 2 × s)
= Exp(a + b × 1,771 + 2 × s)
= Exp(-1.8210 + 0.0038 × 1,771 + 2 × 0.0316)
= Exp(4.9411)
= $139.92
Bottom border of price channel:
Exp(Y1,218)
= Exp(a + b × X1,218 – 2 × s)
= Exp(a + b × 1,771 – 2 × s)
= Exp(-1.8210 + 0.0038 × 1,771 – 2 × 0.0316)
= Exp(4.8147)
= $123.31
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(-1.8210 + 0.0038 × 1,826 + 2 × 0.0316)
= Exp(5.1491)
= $172.28
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-1.8210 + 0.0038 × 1,826 – 2 × 0.0316)
= Exp(5.0227)
= $151.83
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 297.74% per annum.
- MASI price at the close of November 19, 2024 was inside the secondary price channel.