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 32.73% per annum.
- NSIT price at the close of March 31, 2025 was $149.99 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2.81% per annum.
- NSIT price at the close of March 31, 2025 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 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: March 31, 2025
a = 7.0168
b = -0.0011
s = 0.0873
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0011) – 1
= -32.73%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0873) – 1
= 41.77%
May 6, 2024 calculations
Top border of price channel:
Exp(Y1,030)
= Exp(a + b × X1,030 + 2 × s)
= Exp(a + b × 1,496 + 2 × s)
= Exp(7.0168 + -0.0011 × 1,496 + 2 × 0.0873)
= Exp(5.5661)
= $261.42
Bottom border of price channel:
Exp(Y1,030)
= Exp(a + b × X1,030 – 2 × s)
= Exp(a + b × 1,496 – 2 × s)
= Exp(7.0168 + -0.0011 × 1,496 – 2 × 0.0873)
= Exp(5.2171)
= $184.40
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(7.0168 + -0.0011 × 1,825 + 2 × 0.0873)
= Exp(5.2087)
= $182.86
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.0168 + -0.0011 × 1,825 – 2 × 0.0873)
= Exp(4.8597)
= $128.98
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 32.73% per annum.
- NSIT price at the close of March 31, 2025 was $149.99 and was inside the primary price channel.
Secondary Trend
Start date: November 12, 2024
End date: March 31, 2025
a = 4.9359
b = 0.0001
s = 0.0457
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 2.81%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0457) – 1
= 20.07%
November 12, 2024 calculations
Top border of price channel:
Exp(Y1,162)
= Exp(a + b × X1,162 + 2 × s)
= Exp(a + b × 1,686 + 2 × s)
= Exp(4.9359 + 0.0001 × 1,686 + 2 × 0.0457)
= Exp(5.1555)
= $173.38
Bottom border of price channel:
Exp(Y1,162)
= Exp(a + b × X1,162 – 2 × s)
= Exp(a + b × 1,686 – 2 × s)
= Exp(4.9359 + 0.0001 × 1,686 – 2 × 0.0457)
= Exp(4.9725)
= $144.39
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(4.9359 + 0.0001 × 1,825 + 2 × 0.0457)
= Exp(5.1660)
= $175.22
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.9359 + 0.0001 × 1,825 – 2 × 0.0457)
= Exp(4.9831)
= $145.93
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2.81% per annum.
- NSIT price at the close of March 31, 2025 was inside the secondary price channel.