Synopsys Inc (SNPS)
Synopsys is an American electronic design automation company that focuses on silicon design and verification, silicon intellectual property and software security and quality. Products include logic synthesis, behavioral synthesis, place and route, static timing analysis, formal verification, hardware description language (SystemC, SystemVerilog/Verilog, VHDL) simulators, and transistor-level circuit simulation.
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 16.01% per annum.
- SNPS price at the close of March 28, 2025 was $437.95 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 73.75% per annum.
- SNPS price at the close of March 28, 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 SNPS 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 2, 2024
End date: March 28, 2025
a = 7.0485
b = -0.0005
s = 0.0600
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -16.01%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0600) – 1
= 27.13%
February 2, 2024 calculations
Top border of price channel:
Exp(Y967)
= Exp(a + b × X967 + 2 × s)
= Exp(a + b × 1,403 + 2 × s)
= Exp(7.0485 + -0.0005 × 1,403 + 2 × 0.0600)
= Exp(6.4977)
= $663.61
Bottom border of price channel:
Exp(Y967)
= Exp(a + b × X967 – 2 × s)
= Exp(a + b × 1,403 – 2 × s)
= Exp(7.0485 + -0.0005 × 1,403 – 2 × 0.0600)
= Exp(6.2577)
= $521.99
March 28, 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(7.0485 + -0.0005 × 1,823 + 2 × 0.0600)
= Exp(6.2969)
= $542.87
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(7.0485 + -0.0005 × 1,823 – 2 × 0.0600)
= Exp(6.0568)
= $427.02
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 16.01% per annum.
- SNPS price at the close of March 28, 2025 was $437.95 and was inside the primary price channel.
Secondary Trend
Start date: January 21, 2025
End date: March 28, 2025
a = 12.7396
b = -0.0037
s = 0.0364
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0037) – 1
= -73.75%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0364) – 1
= 15.68%
January 21, 2025 calculations
Top border of price channel:
Exp(Y1,208)
= Exp(a + b × X1,208 + 2 × s)
= Exp(a + b × 1,757 + 2 × s)
= Exp(12.7396 + -0.0037 × 1,757 + 2 × 0.0364)
= Exp(6.3737)
= $586.22
Bottom border of price channel:
Exp(Y1,208)
= Exp(a + b × X1,208 – 2 × s)
= Exp(a + b × 1,757 – 2 × s)
= Exp(12.7396 + -0.0037 × 1,757 – 2 × 0.0364)
= Exp(6.2280)
= $506.74
March 28, 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(12.7396 + -0.0037 × 1,823 + 2 × 0.0364)
= Exp(6.1318)
= $460.27
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(12.7396 + -0.0037 × 1,823 – 2 × 0.0364)
= Exp(5.9861)
= $397.87
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 73.75% per annum.
- SNPS price at the close of March 28, 2025 was inside the secondary price channel.