MaxLinear Inc (MXL)
MaxLinear, Inc. provides high-performance analog, radio frequency (RF) and mixed signal communications-on-chip (SoC) solutions for the connected home, wired and wireless infrastructure, and multi-market and industrial applications to world level. The company is headquartered in Carlsbad, California.
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 39.32% per annum.
- MXL price at the close of November 19, 2024 was $14.49 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 109.87% per annum.
- MXL price at the close of November 19, 2024 was inside the secondary price channel.
- 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 MXL 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: October 19, 2021
End date: November 19, 2024
a = 5.0971
b = -0.0014
s = 0.1518
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0014) – 1
= -39.32%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1518) – 1
= 83.51%
October 19, 2021 calculations
Top border of price channel:
Exp(Y481)
= Exp(a + b × X481 + 2 × s)
= Exp(a + b × 699 + 2 × s)
= Exp(5.0971 + -0.0014 × 699 + 2 × 0.1518)
= Exp(4.4441)
= $85.12
Bottom border of price channel:
Exp(Y481)
= Exp(a + b × X481 – 2 × s)
= Exp(a + b × 699 – 2 × s)
= Exp(5.0971 + -0.0014 × 699 – 2 × 0.1518)
= Exp(3.8370)
= $46.39
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(5.0971 + -0.0014 × 1,826 + 2 × 0.1518)
= Exp(2.9018)
= $18.21
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(5.0971 + -0.0014 × 1,826 – 2 × 0.1518)
= Exp(2.2948)
= $9.92
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 39.32% per annum.
- MXL price at the close of November 19, 2024 was $14.49 and was inside the primary price channel.
Secondary Trend
Start date: August 2, 2024
End date: November 19, 2024
a = -0.9841
b = 0.0020
s = 0.0617
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0020) – 1
= 109.87%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0617) – 1
= 27.97%
August 2, 2024 calculations
Top border of price channel:
Exp(Y1,181)
= Exp(a + b × X1,181 + 2 × s)
= Exp(a + b × 1,717 + 2 × s)
= Exp(-0.9841 + 0.0020 × 1,717 + 2 × 0.0617)
= Exp(2.6265)
= $13.83
Bottom border of price channel:
Exp(Y1,181)
= Exp(a + b × X1,181 – 2 × s)
= Exp(a + b × 1,717 – 2 × s)
= Exp(-0.9841 + 0.0020 × 1,717 – 2 × 0.0617)
= Exp(2.3799)
= $10.80
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(-0.9841 + 0.0020 × 1,826 + 2 × 0.0617)
= Exp(2.8479)
= $17.25
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-0.9841 + 0.0020 × 1,826 – 2 × 0.0617)
= Exp(2.6013)
= $13.48
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 109.87% per annum.
- MXL price at the close of November 19, 2024 was inside the secondary price channel.