Liveramp Holdings Inc (RAMP)
LiveRamp Holdings, Inc., a technology company, offers enterprise data connectivity platform solutions in the United States, Europe, and Asia-Pacific. The company is headquartered in San Francisco, 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 52.73% per annum.
- RAMP price at the close of November 19, 2024 was $28.51 and was lower than the bottom border of the primary price channel by $12.71 (30.84%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 44.99% per annum.
- RAMP price at the close of November 19, 2024 was higher than the top border of the secondary price channel by $2.17 (8.26%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
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 RAMP 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: August 5, 2022
End date: April 12, 2024
a = 1.7776
b = 0.0012
s = 0.0886
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0012) – 1
= 52.73%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0886) – 1
= 42.55%
August 5, 2022 calculations
Top border of price channel:
Exp(Y681)
= Exp(a + b × X681 + 2 × s)
= Exp(a + b × 989 + 2 × s)
= Exp(1.7776 + 0.0012 × 989 + 2 × 0.0886)
= Exp(3.1024)
= $22.25
Bottom border of price channel:
Exp(Y681)
= Exp(a + b × X681 – 2 × s)
= Exp(a + b × 989 – 2 × s)
= Exp(1.7776 + 0.0012 × 989 – 2 × 0.0886)
= Exp(2.7479)
= $15.61
April 12, 2024 calculations
Top border of price channel:
Exp(Y1,104)
= Exp(a + b × X1,104 + 2 × s)
= Exp(a + b × 1,605 + 2 × s)
= Exp(1.7776 + 0.0012 × 1,605 + 2 × 0.0886)
= Exp(3.8171)
= $45.47
Bottom border of price channel:
Exp(Y1,104)
= Exp(a + b × X1,104 – 2 × s)
= Exp(a + b × 1,605 – 2 × s)
= Exp(1.7776 + 0.0012 × 1,605 – 2 × 0.0886)
= Exp(3.4626)
= $31.90
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 52.73% per annum.
- RAMP price at the close of November 19, 2024 was $28.51 and was lower than the bottom border of the primary price channel by $12.71 (30.84%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: December 19, 2023
End date: November 5, 2024
a = 6.1366
b = -0.0016
s = 0.0622
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -44.99%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0622) – 1
= 28.24%
December 19, 2023 calculations
Top border of price channel:
Exp(Y1,026)
= Exp(a + b × X1,026 + 2 × s)
= Exp(a + b × 1,490 + 2 × s)
= Exp(6.1366 + -0.0016 × 1,490 + 2 × 0.0622)
= Exp(3.8211)
= $45.65
Bottom border of price channel:
Exp(Y1,026)
= Exp(a + b × X1,026 – 2 × s)
= Exp(a + b × 1,490 – 2 × s)
= Exp(6.1366 + -0.0016 × 1,490 – 2 × 0.0622)
= Exp(3.5724)
= $35.60
November 5, 2024 calculations
Top border of price channel:
Exp(Y1,247)
= Exp(a + b × X1,247 + 2 × s)
= Exp(a + b × 1,812 + 2 × s)
= Exp(6.1366 + -0.0016 × 1,812 + 2 × 0.0622)
= Exp(3.2938)
= $26.95
Bottom border of price channel:
Exp(Y1,247)
= Exp(a + b × X1,247 – 2 × s)
= Exp(a + b × 1,812 – 2 × s)
= Exp(6.1366 + -0.0016 × 1,812 – 2 × 0.0622)
= Exp(3.0451)
= $21.01
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 44.99% per annum.
- RAMP price at the close of November 19, 2024 was higher than the top border of the secondary price channel by $2.17 (8.26%). This indicates a possible reversal in the secondary trend direction.