Sabre Corpo (SABR)
Saber Corporation, through its subsidiary, Saber Holdings Corporation, provides software and technology solutions for the global travel industry. The company is headquartered in Southlake, Texas.
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 84.86% per annum.
- SABR price at the close of November 20, 2024 was $3.60 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1,945.26% per annum.
- SABR price at the close of November 20, 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 SABR 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 28, 2024
End date: November 20, 2024
a = -1.7669
b = 0.0017
s = 0.0861
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0017) – 1
= 84.86%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0861) – 1
= 41.13%
February 28, 2024 calculations
Top border of price channel:
Exp(Y1,072)
= Exp(a + b × X1,072 + 2 × s)
= Exp(a + b × 1,560 + 2 × s)
= Exp(-1.7669 + 0.0017 × 1,560 + 2 × 0.0861)
= Exp(1.0314)
= $2.80
Bottom border of price channel:
Exp(Y1,072)
= Exp(a + b × X1,072 – 2 × s)
= Exp(a + b × 1,560 – 2 × s)
= Exp(-1.7669 + 0.0017 × 1,560 – 2 × 0.0861)
= Exp(0.6868)
= $1.99
November 20, 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(-1.7669 + 0.0017 × 1,826 + 2 × 0.0861)
= Exp(1.4791)
= $4.39
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-1.7669 + 0.0017 × 1,826 – 2 × 0.0861)
= Exp(1.1346)
= $3.11
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 84.86% per annum.
- SABR price at the close of November 20, 2024 was $3.60 and was inside the primary price channel.
Secondary Trend
Start date: October 31, 2024
End date: November 20, 2024
a = -13.7578
b = 0.0083
s = 0.0312
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0083) – 1
= 1,945.26%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0312) – 1
= 13.27%
October 31, 2024 calculations
Top border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 + 2 × s)
= Exp(a + b × 1,806 + 2 × s)
= Exp(-13.7578 + 0.0083 × 1,806 + 2 × 0.0312)
= Exp(1.2379)
= $3.45
Bottom border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 – 2 × s)
= Exp(a + b × 1,806 – 2 × s)
= Exp(-13.7578 + 0.0083 × 1,806 – 2 × 0.0312)
= Exp(1.1133)
= $3.04
November 20, 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(-13.7578 + 0.0083 × 1,826 + 2 × 0.0312)
= Exp(1.4033)
= $4.07
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-13.7578 + 0.0083 × 1,826 – 2 × 0.0312)
= Exp(1.2787)
= $3.59
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1,945.26% per annum.
- SABR price at the close of November 20, 2024 was inside the secondary price channel.