Sonic Automotive Inc (SAH)
Sonic Automotive, Inc. is an automobile retailer in the United States. The company is headquartered in Charlotte, North Carolina.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 81.92% per annum.
- SAH price at the close of March 31, 2025 was $56.96 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 86.36% per annum.
- SAH price at the close of March 31, 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 SAH 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: January 30, 2025
End date: March 31, 2025
a = 12.6099
b = -0.0047
s = 0.0302
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0047) – 1
= -81.92%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0302) – 1
= 12.83%
January 30, 2025 calculations
Top border of price channel:
Exp(Y1,214)
= Exp(a + b × X1,214 + 2 × s)
= Exp(a + b × 1,765 + 2 × s)
= Exp(12.6099 + -0.0047 × 1,765 + 2 × 0.0302)
= Exp(4.4009)
= $81.52
Bottom border of price channel:
Exp(Y1,214)
= Exp(a + b × X1,214 – 2 × s)
= Exp(a + b × 1,765 – 2 × s)
= Exp(12.6099 + -0.0047 × 1,765 – 2 × 0.0302)
= Exp(4.2801)
= $72.25
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(12.6099 + -0.0047 × 1,825 + 2 × 0.0302)
= Exp(4.1197)
= $61.54
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(12.6099 + -0.0047 × 1,825 – 2 × 0.0302)
= Exp(3.9990)
= $54.54
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 81.92% per annum.
- SAH price at the close of March 31, 2025 was $56.96 and was inside the primary price channel.
Secondary Trend
Start date: February 13, 2025
End date: March 31, 2025
a = 14.0060
b = -0.0055
s = 0.0304
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0055) – 1
= -86.36%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0304) – 1
= 12.93%
February 13, 2025 calculations
Top border of price channel:
Exp(Y1,224)
= Exp(a + b × X1,224 + 2 × s)
= Exp(a + b × 1,779 + 2 × s)
= Exp(14.0060 + -0.0055 × 1,779 + 2 × 0.0304)
= Exp(4.3576)
= $78.07
Bottom border of price channel:
Exp(Y1,224)
= Exp(a + b × X1,224 – 2 × s)
= Exp(a + b × 1,779 – 2 × s)
= Exp(14.0060 + -0.0055 × 1,779 – 2 × 0.0304)
= Exp(4.2360)
= $69.13
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(14.0060 + -0.0055 × 1,825 + 2 × 0.0304)
= Exp(4.1065)
= $60.73
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(14.0060 + -0.0055 × 1,825 – 2 × 0.0304)
= Exp(3.9849)
= $53.78
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 86.36% per annum.
- SAH price at the close of March 31, 2025 was inside the secondary price channel.