Stock Price Trends

Insight Enterprises Inc (NSIT)

Insight Enterprises, Inc. provides hardware, software, and information technology services solutions in the United States, Canada, Europe, the Middle East, Africa, and Asia-Pacific. The company is headquartered in Tempe, Arizona.

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 35.73% per annum.
  • NSIT price at the close of April 24, 2025 was $137.58 and was inside the primary price channel.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 67.44% per annum.
  • NSIT price at the close of April 24, 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 NSIT 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: May 6, 2024
End date: April 24, 2025

a = 7.1860

b = -0.0012

s = 0.0885

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0012) – 1
= -35.73%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0885) – 1
= 42.47%

May 6, 2024 calculations

Top border of price channel:

Exp(Y1,013)
= Exp(a + b × X1,013 + 2 × s)
= Exp(a + b × 1,470 + 2 × s)
= Exp(7.1860 + -0.0012 × 1,470 + 2 × 0.0885)
= Exp(5.5826)
= $265.76

Bottom border of price channel:

Exp(Y1,013)
= Exp(a + b × X1,013 – 2 × s)
= Exp(a + b × 1,470 – 2 × s)
= Exp(7.1860 + -0.0012 × 1,470 – 2 × 0.0885)
= Exp(5.2287)
= $186.54

April 24, 2025 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(7.1860 + -0.0012 × 1,823 + 2 × 0.0885)
= Exp(5.1551)
= $173.31

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(7.1860 + -0.0012 × 1,823 – 2 × 0.0885)
= Exp(4.8011)
= $121.65

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 35.73% per annum.
  • NSIT price at the close of April 24, 2025 was $137.58 and was inside the primary price channel.

Secondary Trend

Start date: January 21, 2025
End date: April 24, 2025

a = 10.4982

b = -0.0031

s = 0.0340

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0031) – 1
= -67.44%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0340) – 1
= 14.59%

January 21, 2025 calculations

Top border of price channel:

Exp(Y1,190)
= Exp(a + b × X1,190 + 2 × s)
= Exp(a + b × 1,730 + 2 × s)
= Exp(10.4982 + -0.0031 × 1,730 + 2 × 0.0340)
= Exp(5.2484)
= $190.26

Bottom border of price channel:

Exp(Y1,190)
= Exp(a + b × X1,190 – 2 × s)
= Exp(a + b × 1,730 – 2 × s)
= Exp(10.4982 + -0.0031 × 1,730 – 2 × 0.0340)
= Exp(5.1122)
= $166.04

April 24, 2025 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(10.4982 + -0.0031 × 1,823 + 2 × 0.0340)
= Exp(4.9625)
= $142.95

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(10.4982 + -0.0031 × 1,823 – 2 × 0.0340)
= Exp(4.8263)
= $124.75

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 67.44% per annum.
  • NSIT price at the close of April 24, 2025 was inside the secondary price channel.