SEI Investments Company (SEIC)
SEI Investments Company is a publicly owned asset management portfolio company. The company is headquartered in Oaks, Pennsylvania.
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 13.89% per annum.
- SEIC price at the close of November 19, 2024 was $79.46 and was higher than the top border of the primary price channel by $0.23 (0.29%).
- The secondary trend is increasing.
- The growth rate of the secondary trend is 186.48% per annum.
- SEIC price at the close of November 19, 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 SEIC 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: June 10, 2022
End date: November 19, 2024
a = 3.6096
b = 0.0004
s = 0.0560
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0004) – 1
= 13.89%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0560) – 1
= 25.12%
June 10, 2022 calculations
Top border of price channel:
Exp(Y643)
= Exp(a + b × X643 + 2 × s)
= Exp(a + b × 933 + 2 × s)
= Exp(3.6096 + 0.0004 × 933 + 2 × 0.0560)
= Exp(4.0541)
= $57.64
Bottom border of price channel:
Exp(Y643)
= Exp(a + b × X643 – 2 × s)
= Exp(a + b × 933 – 2 × s)
= Exp(3.6096 + 0.0004 × 933 – 2 × 0.0560)
= Exp(3.8300)
= $46.06
November 19, 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(3.6096 + 0.0004 × 1,826 + 2 × 0.0560)
= Exp(4.3724)
= $79.23
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(3.6096 + 0.0004 × 1,826 – 2 × 0.0560)
= Exp(4.1483)
= $63.33
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 13.89% per annum.
- SEIC price at the close of November 19, 2024 was $79.46 and was higher than the top border of the primary price channel by $0.23 (0.29%).
Secondary Trend
Start date: September 5, 2024
End date: November 19, 2024
a = -0.8773
b = 0.0029
s = 0.0179
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0029) – 1
= 186.48%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0179) – 1
= 7.42%
September 5, 2024 calculations
Top border of price channel:
Exp(Y1,204)
= Exp(a + b × X1,204 + 2 × s)
= Exp(a + b × 1,751 + 2 × s)
= Exp(-0.8773 + 0.0029 × 1,751 + 2 × 0.0179)
= Exp(4.2077)
= $67.20
Bottom border of price channel:
Exp(Y1,204)
= Exp(a + b × X1,204 – 2 × s)
= Exp(a + b × 1,751 – 2 × s)
= Exp(-0.8773 + 0.0029 × 1,751 – 2 × 0.0179)
= Exp(4.1361)
= $62.56
November 19, 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(-0.8773 + 0.0029 × 1,826 + 2 × 0.0179)
= Exp(4.4240)
= $83.43
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-0.8773 + 0.0029 × 1,826 – 2 × 0.0179)
= Exp(4.3524)
= $77.66
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 186.48% per annum.
- SEIC price at the close of November 19, 2024 was inside the secondary price channel.