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 32.82% per annum.
  • NSIT price at the close of April 1, 2025 was $147.00 and was inside the primary price channel.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 1.48% per annum.
  • NSIT price at the close of April 1, 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: April 1, 2025

a = 7.0212

b = -0.0011

s = 0.0871

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0011) – 1
= -32.82%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0871) – 1
= 41.69%

May 6, 2024 calculations

Top border of price channel:

Exp(Y1,029)
= Exp(a + b × X1,029 + 2 × s)
= Exp(a + b × 1,495 + 2 × s)
= Exp(7.0212 + -0.0011 × 1,495 + 2 × 0.0871)
= Exp(5.5662)
= $261.44

Bottom border of price channel:

Exp(Y1,029)
= Exp(a + b × X1,029 – 2 × s)
= Exp(a + b × 1,495 – 2 × s)
= Exp(7.0212 + -0.0011 × 1,495 – 2 × 0.0871)
= Exp(5.2178)
= $184.52

April 1, 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(7.0212 + -0.0011 × 1,825 + 2 × 0.0871)
= Exp(5.2066)
= $182.47

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.0212 + -0.0011 × 1,825 – 2 × 0.0871)
= Exp(4.8581)
= $128.78

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 32.82% per annum.
  • NSIT price at the close of April 1, 2025 was $147.00 and was inside the primary price channel.

Secondary Trend

Start date: November 12, 2024
End date: April 1, 2025

a = 4.9980

b = 0.0000

s = 0.0463

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= 1.48%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0463) – 1
= 20.34%

November 12, 2024 calculations

Top border of price channel:

Exp(Y1,161)
= Exp(a + b × X1,161 + 2 × s)
= Exp(a + b × 1,685 + 2 × s)
= Exp(4.9980 + 0.0000 × 1,685 + 2 × 0.0463)
= Exp(5.1582)
= $173.85

Bottom border of price channel:

Exp(Y1,161)
= Exp(a + b × X1,161 – 2 × s)
= Exp(a + b × 1,685 – 2 × s)
= Exp(4.9980 + 0.0000 × 1,685 – 2 × 0.0463)
= Exp(4.9731)
= $144.47

April 1, 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(4.9980 + 0.0000 × 1,825 + 2 × 0.0463)
= Exp(5.1638)
= $174.83

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.9980 + 0.0000 × 1,825 – 2 × 0.0463)
= Exp(4.9787)
= $145.28

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 1.48% per annum.
  • NSIT price at the close of April 1, 2025 was inside the secondary price channel.