NXP Semiconductors NV (NXPI)
NXP Semiconductors N.V. is a Dutch semiconductor manufacturer with headquarters in Eindhoven, Netherlands.
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 33.67% per annum.
- NXPI price at the close of November 19, 2024 was $219.91 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 88.68% per annum.
- NXPI price at the close of November 19, 2024 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 NXPI 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 14, 2024
End date: November 19, 2024
a = 7.4689
b = -0.0011
s = 0.0386
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0011) – 1
= -33.67%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0386) – 1
= 16.71%
May 14, 2024 calculations
Top border of price channel:
Exp(Y1,126)
= Exp(a + b × X1,126 + 2 × s)
= Exp(a + b × 1,637 + 2 × s)
= Exp(7.4689 + -0.0011 × 1,637 + 2 × 0.0386)
= Exp(5.7047)
= $300.29
Bottom border of price channel:
Exp(Y1,126)
= Exp(a + b × X1,126 – 2 × s)
= Exp(a + b × 1,637 – 2 × s)
= Exp(7.4689 + -0.0011 × 1,637 – 2 × 0.0386)
= Exp(5.5502)
= $257.29
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(7.4689 + -0.0011 × 1,826 + 2 × 0.0386)
= Exp(5.4921)
= $242.77
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(7.4689 + -0.0011 × 1,826 – 2 × 0.0386)
= Exp(5.3376)
= $208.01
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 33.67% per annum.
- NXPI price at the close of November 19, 2024 was $219.91 and was inside the primary price channel.
Secondary Trend
Start date: October 28, 2024
End date: November 19, 2024
a = 16.2746
b = -0.0060
s = 0.0209
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0060) – 1
= -88.68%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0209) – 1
= 8.74%
October 28, 2024 calculations
Top border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 + 2 × s)
= Exp(a + b × 1,804 + 2 × s)
= Exp(16.2746 + -0.0060 × 1,804 + 2 × 0.0209)
= Exp(5.5497)
= $257.16
Bottom border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 – 2 × s)
= Exp(a + b × 1,804 – 2 × s)
= Exp(16.2746 + -0.0060 × 1,804 – 2 × 0.0209)
= Exp(5.4659)
= $236.50
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(16.2746 + -0.0060 × 1,826 + 2 × 0.0209)
= Exp(5.4184)
= $225.52
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(16.2746 + -0.0060 × 1,826 – 2 × 0.0209)
= Exp(5.3346)
= $207.40
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 88.68% per annum.
- NXPI price at the close of November 19, 2024 was inside the secondary price channel.