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 32.73% 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.