QuinStreet Inc (QNST)
QuinStreet, Inc., an online performance marketing company, offers client acquisition services for its clients in the United States and internationally. The company is headquartered in Foster City, California.
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 88.70% per annum.
- QNST price at the close of March 31, 2025 was $17.84 and was lower than the bottom border of the primary price channel by $5.14 (22.35%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 34.71% per annum.
- QNST price at the close of March 31, 2025 was lower than the bottom border of the secondary price channel by $0.83 (4.45%). This indicates a possible reversal in the secondary trend direction.
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 QNST 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 3, 2023
End date: February 19, 2025
a = 0.1350
b = 0.0017
s = 0.0878
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0017) – 1
= 88.70%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0878) – 1
= 42.07%
May 3, 2023 calculations
Top border of price channel:
Exp(Y777)
= Exp(a + b × X777 + 2 × s)
= Exp(a + b × 1,127 + 2 × s)
= Exp(0.1350 + 0.0017 × 1,127 + 2 × 0.0878)
= Exp(2.2713)
= $9.69
Bottom border of price channel:
Exp(Y777)
= Exp(a + b × X777 – 2 × s)
= Exp(a + b × 1,127 – 2 × s)
= Exp(0.1350 + 0.0017 × 1,127 – 2 × 0.0878)
= Exp(1.9201)
= $6.82
February 19, 2025 calculations
Top border of price channel:
Exp(Y1,227)
= Exp(a + b × X1,227 + 2 × s)
= Exp(a + b × 1,785 + 2 × s)
= Exp(0.1350 + 0.0017 × 1,785 + 2 × 0.0878)
= Exp(3.4160)
= $30.45
Bottom border of price channel:
Exp(Y1,227)
= Exp(a + b × X1,227 – 2 × s)
= Exp(a + b × 1,785 – 2 × s)
= Exp(0.1350 + 0.0017 × 1,785 – 2 × 0.0878)
= Exp(3.0648)
= $21.43
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 88.70% per annum.
- QNST price at the close of March 31, 2025 was $17.84 and was lower than the bottom border of the primary price channel by $5.14 (22.35%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: February 8, 2024
End date: March 31, 2025
a = 1.6125
b = 0.0008
s = 0.0876
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 34.71%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0876) – 1
= 41.95%
February 8, 2024 calculations
Top border of price channel:
Exp(Y970)
= Exp(a + b × X970 + 2 × s)
= Exp(a + b × 1,408 + 2 × s)
= Exp(1.6125 + 0.0008 × 1,408 + 2 × 0.0876)
= Exp(2.9369)
= $18.86
Bottom border of price channel:
Exp(Y970)
= Exp(a + b × X970 – 2 × s)
= Exp(a + b × 1,408 – 2 × s)
= Exp(1.6125 + 0.0008 × 1,408 – 2 × 0.0876)
= Exp(2.5866)
= $13.28
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(1.6125 + 0.0008 × 1,825 + 2 × 0.0876)
= Exp(3.2772)
= $26.50
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(1.6125 + 0.0008 × 1,825 – 2 × 0.0876)
= Exp(2.9269)
= $18.67
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 34.71% per annum.
- QNST price at the close of March 31, 2025 was lower than the bottom border of the secondary price channel by $0.83 (4.45%). This indicates a possible reversal in the secondary trend direction.