MKS Instruments Inc (MKSI)
MKS Instruments, Inc. provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes globally. The company is headquartered in Andover, Massachusetts.
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 18.85% per annum.
- MKSI price at the close of March 31, 2025 was $80.15 and was lower than the bottom border of the primary price channel by $15.93 (16.58%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 23.61% per annum.
- MKSI price at the close of March 31, 2025 was lower than the bottom border of the secondary price channel by $2.65 (3.19%).
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
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 MKSI 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 13, 2022
End date: February 12, 2025
a = 3.9657
b = 0.0005
s = 0.1320
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 18.85%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1320) – 1
= 69.54%
September 13, 2022 calculations
Top border of price channel:
Exp(Y617)
= Exp(a + b × X617 + 2 × s)
= Exp(a + b × 895 + 2 × s)
= Exp(3.9657 + 0.0005 × 895 + 2 × 0.1320)
= Exp(4.6531)
= $104.91
Bottom border of price channel:
Exp(Y617)
= Exp(a + b × X617 – 2 × s)
= Exp(a + b × 895 – 2 × s)
= Exp(3.9657 + 0.0005 × 895 – 2 × 0.1320)
= Exp(4.1252)
= $61.88
February 12, 2025 calculations
Top border of price channel:
Exp(Y1,223)
= Exp(a + b × X1,223 + 2 × s)
= Exp(a + b × 1,778 + 2 × s)
= Exp(3.9657 + 0.0005 × 1,778 + 2 × 0.1320)
= Exp(5.0708)
= $159.30
Bottom border of price channel:
Exp(Y1,223)
= Exp(a + b × X1,223 – 2 × s)
= Exp(a + b × 1,778 – 2 × s)
= Exp(3.9657 + 0.0005 × 1,778 – 2 × 0.1320)
= Exp(4.5429)
= $93.96
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 18.85% per annum.
- MKSI price at the close of March 31, 2025 was $80.15 and was lower than the bottom border of the primary price channel by $15.93 (16.58%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: February 14, 2024
End date: March 31, 2025
a = 5.9260
b = -0.0007
s = 0.0816
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -23.61%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0816) – 1
= 38.58%
February 14, 2024 calculations
Top border of price channel:
Exp(Y974)
= Exp(a + b × X974 + 2 × s)
= Exp(a + b × 1,414 + 2 × s)
= Exp(5.9260 + -0.0007 × 1,414 + 2 × 0.0816)
= Exp(5.0459)
= $155.38
Bottom border of price channel:
Exp(Y974)
= Exp(a + b × X974 – 2 × s)
= Exp(a + b × 1,414 – 2 × s)
= Exp(5.9260 + -0.0007 × 1,414 – 2 × 0.0816)
= Exp(4.7196)
= $112.12
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(5.9260 + -0.0007 × 1,825 + 2 × 0.0816)
= Exp(4.7426)
= $114.73
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.9260 + -0.0007 × 1,825 – 2 × 0.0816)
= Exp(4.4164)
= $82.80
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 23.61% per annum.
- MKSI price at the close of March 31, 2025 was lower than the bottom border of the secondary price channel by $2.65 (3.19%).