Plexus Corp (PLXS)
Plexus Corp. The company is headquartered in Neenah, Wisconsin.
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 99.36% per annum.
- PLXS price at the close of November 19, 2024 was $157.83 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 270.73% per annum.
- PLXS 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 PLXS 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 20, 2024
End date: November 19, 2024
a = 1.5441
b = 0.0019
s = 0.0486
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0019) – 1
= 99.36%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0486) – 1
= 21.44%
February 20, 2024 calculations
Top border of price channel:
Exp(Y1,067)
= Exp(a + b × X1,067 + 2 × s)
= Exp(a + b × 1,553 + 2 × s)
= Exp(1.5441 + 0.0019 × 1,553 + 2 × 0.0486)
= Exp(4.5767)
= $97.20
Bottom border of price channel:
Exp(Y1,067)
= Exp(a + b × X1,067 – 2 × s)
= Exp(a + b × 1,553 – 2 × s)
= Exp(1.5441 + 0.0019 × 1,553 – 2 × 0.0486)
= Exp(4.3825)
= $80.04
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(1.5441 + 0.0019 × 1,826 + 2 × 0.0486)
= Exp(5.0928)
= $162.84
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(1.5441 + 0.0019 × 1,826 – 2 × 0.0486)
= Exp(4.8986)
= $134.10
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 99.36% per annum.
- PLXS price at the close of November 19, 2024 was $157.83 and was inside the primary price channel.
Secondary Trend
Start date: September 3, 2024
End date: November 19, 2024
a = -1.4862
b = 0.0036
s = 0.0315
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0036) – 1
= 270.73%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0315) – 1
= 13.42%
September 3, 2024 calculations
Top border of price channel:
Exp(Y1,202)
= Exp(a + b × X1,202 + 2 × s)
= Exp(a + b × 1,749 + 2 × s)
= Exp(-1.4862 + 0.0036 × 1,749 + 2 × 0.0315)
= Exp(4.8554)
= $128.43
Bottom border of price channel:
Exp(Y1,202)
= Exp(a + b × X1,202 – 2 × s)
= Exp(a + b × 1,749 – 2 × s)
= Exp(-1.4862 + 0.0036 × 1,749 – 2 × 0.0315)
= Exp(4.7295)
= $113.23
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(-1.4862 + 0.0036 × 1,826 + 2 × 0.0315)
= Exp(5.1318)
= $169.32
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-1.4862 + 0.0036 × 1,826 – 2 × 0.0315)
= Exp(5.0059)
= $149.29
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 270.73% per annum.
- PLXS price at the close of November 19, 2024 was inside the secondary price channel.