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.