Palantir Technologies Inc. Class A Common Stock (PLTR)
Palantir Technologies Inc. creates and implements software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company is headquartered in Denver, Colorado.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 186.44% per annum.
- PLTR price at the close of March 28, 2025 was $85.85 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 628.54% per annum.
- PLTR price at the close of March 28, 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 PLTR 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: November 3, 2022
End date: March 28, 2025
a = -0.4209
b = 0.0029
s = 0.2141
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0029) – 1
= 186.44%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.2141) – 1
= 135.43%
November 3, 2022 calculations
Top border of price channel:
Exp(Y528)
= Exp(a + b × X528 + 2 × s)
= Exp(a + b × 764 + 2 × s)
= Exp(-0.4209 + 0.0029 × 764 + 2 × 0.2141)
= Exp(2.2100)
= $9.12
Bottom border of price channel:
Exp(Y528)
= Exp(a + b × X528 – 2 × s)
= Exp(a + b × 764 – 2 × s)
= Exp(-0.4209 + 0.0029 × 764 – 2 × 0.2141)
= Exp(1.3538)
= $3.87
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,128)
= Exp(a + b × X1,128 + 2 × s)
= Exp(a + b × 1,640 + 2 × s)
= Exp(-0.4209 + 0.0029 × 1,640 + 2 × 0.2141)
= Exp(4.7357)
= $113.94
Bottom border of price channel:
Exp(Y1,128)
= Exp(a + b × X1,128 – 2 × s)
= Exp(a + b × 1,640 – 2 × s)
= Exp(-0.4209 + 0.0029 × 1,640 – 2 × 0.2141)
= Exp(3.8795)
= $48.40
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 186.44% per annum.
- PLTR price at the close of March 28, 2025 was $85.85 and was inside the primary price channel.
Secondary Trend
Start date: May 7, 2024
End date: March 28, 2025
a = -4.2192
b = 0.0054
s = 0.1266
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0054) – 1
= 628.54%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1266) – 1
= 65.91%
May 7, 2024 calculations
Top border of price channel:
Exp(Y905)
= Exp(a + b × X905 + 2 × s)
= Exp(a + b × 1,315 + 2 × s)
= Exp(-4.2192 + 0.0054 × 1,315 + 2 × 0.1266)
= Exp(3.1885)
= $24.25
Bottom border of price channel:
Exp(Y905)
= Exp(a + b × X905 – 2 × s)
= Exp(a + b × 1,315 – 2 × s)
= Exp(-4.2192 + 0.0054 × 1,315 – 2 × 0.1266)
= Exp(2.6822)
= $14.62
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,128)
= Exp(a + b × X1,128 + 2 × s)
= Exp(a + b × 1,640 + 2 × s)
= Exp(-4.2192 + 0.0054 × 1,640 + 2 × 0.1266)
= Exp(4.9567)
= $142.13
Bottom border of price channel:
Exp(Y1,128)
= Exp(a + b × X1,128 – 2 × s)
= Exp(a + b × 1,640 – 2 × s)
= Exp(-4.2192 + 0.0054 × 1,640 – 2 × 0.1266)
= Exp(4.4504)
= $85.66
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 628.54% per annum.
- PLTR price at the close of March 28, 2025 was inside the secondary price channel.