Dave & Buster’s Entertainment (PLAY)
Dave & Buster's Entertainment, Inc. owns and operates adult and family entertainment venues and restaurants in North America. The company is headquartered in Dallas, Texas.
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 61.50% per annum.
- PLAY price at the close of March 31, 2025 was $17.57 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 84.80% per annum.
- PLAY price at the close of March 31, 2025 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 PLAY 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: February 1, 2024
End date: March 31, 2025
a = 7.8374
b = -0.0026
s = 0.1262
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0026) – 1
= -61.50%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1262) – 1
= 65.65%
February 1, 2024 calculations
Top border of price channel:
Exp(Y965)
= Exp(a + b × X965 + 2 × s)
= Exp(a + b × 1,401 + 2 × s)
= Exp(7.8374 + -0.0026 × 1,401 + 2 × 0.1262)
= Exp(4.4258)
= $83.58
Bottom border of price channel:
Exp(Y965)
= Exp(a + b × X965 – 2 × s)
= Exp(a + b × 1,401 – 2 × s)
= Exp(7.8374 + -0.0026 × 1,401 – 2 × 0.1262)
= Exp(3.9211)
= $50.46
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(7.8374 + -0.0026 × 1,825 + 2 × 0.1262)
= Exp(3.3170)
= $27.58
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.8374 + -0.0026 × 1,825 – 2 × 0.1262)
= Exp(2.8123)
= $16.65
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 61.50% per annum.
- PLAY price at the close of March 31, 2025 was $17.57 and was inside the primary price channel.
Secondary Trend
Start date: October 28, 2024
End date: March 31, 2025
a = 12.3372
b = -0.0052
s = 0.0810
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0052) – 1
= -84.80%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0810) – 1
= 38.28%
October 28, 2024 calculations
Top border of price channel:
Exp(Y1,151)
= Exp(a + b × X1,151 + 2 × s)
= Exp(a + b × 1,671 + 2 × s)
= Exp(12.3372 + -0.0052 × 1,671 + 2 × 0.0810)
= Exp(3.8751)
= $48.19
Bottom border of price channel:
Exp(Y1,151)
= Exp(a + b × X1,151 – 2 × s)
= Exp(a + b × 1,671 – 2 × s)
= Exp(12.3372 + -0.0052 × 1,671 – 2 × 0.0810)
= Exp(3.5510)
= $34.85
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(12.3372 + -0.0052 × 1,825 + 2 × 0.0810)
= Exp(3.0803)
= $21.77
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(12.3372 + -0.0052 × 1,825 – 2 × 0.0810)
= Exp(2.7562)
= $15.74
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 84.80% per annum.
- PLAY price at the close of March 31, 2025 was inside the secondary price channel.