Republic Services Inc (RSG)
Republic Services, Inc is the second largest provider of non-hazardous solid waste collection, transfer, disposal, recycling, and energy services in the United States, as measured by revenue.
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 33.67% per annum.
- RSG price at the close of April 24, 2025 was $240.76 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 83.92% per annum.
- RSG price at the close of April 24, 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 RSG 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: December 19, 2022
End date: April 24, 2025
a = 4.0292
b = 0.0008
s = 0.0360
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 33.67%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0360) – 1
= 15.51%
December 19, 2022 calculations
Top border of price channel:
Exp(Y668)
= Exp(a + b × X668 + 2 × s)
= Exp(a + b × 966 + 2 × s)
= Exp(4.0292 + 0.0008 × 966 + 2 × 0.0360)
= Exp(4.8692)
= $130.22
Bottom border of price channel:
Exp(Y668)
= Exp(a + b × X668 – 2 × s)
= Exp(a + b × 966 – 2 × s)
= Exp(4.0292 + 0.0008 × 966 – 2 × 0.0360)
= Exp(4.7250)
= $112.74
April 24, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(4.0292 + 0.0008 × 1,823 + 2 × 0.0360)
= Exp(5.5506)
= $257.38
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(4.0292 + 0.0008 × 1,823 – 2 × 0.0360)
= Exp(5.4064)
= $222.82
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 33.67% per annum.
- RSG price at the close of April 24, 2025 was $240.76 and was inside the primary price channel.
Secondary Trend
Start date: December 17, 2024
End date: April 24, 2025
a = 2.4733
b = 0.0017
s = 0.0203
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0017) – 1
= 83.92%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0203) – 1
= 8.46%
December 17, 2024 calculations
Top border of price channel:
Exp(Y1,169)
= Exp(a + b × X1,169 + 2 × s)
= Exp(a + b × 1,695 + 2 × s)
= Exp(2.4733 + 0.0017 × 1,695 + 2 × 0.0203)
= Exp(5.3435)
= $209.25
Bottom border of price channel:
Exp(Y1,169)
= Exp(a + b × X1,169 – 2 × s)
= Exp(a + b × 1,695 – 2 × s)
= Exp(2.4733 + 0.0017 × 1,695 – 2 × 0.0203)
= Exp(5.2623)
= $192.93
April 24, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(2.4733 + 0.0017 × 1,823 + 2 × 0.0203)
= Exp(5.5572)
= $259.10
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(2.4733 + 0.0017 × 1,823 – 2 × 0.0203)
= Exp(5.4760)
= $238.89
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 83.92% per annum.
- RSG price at the close of April 24, 2025 was inside the secondary price channel.