Sempra Energy (SRE)
Sempra Energy is a North American energy infrastructure company based in San Diego, California. Sempra Energy's focus is on electric and natural gas infrastructure. Its operating companies include: Southern California Gas Company (SoCalGas) and San Diego Gas & Electric (SDG&E) in Southern California; Oncor Electric Delivery Company (Oncor) in Texas; Sempra LNG; and IEnova, based in Mexico.
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 53.68% per annum.
- SRE price at the close of April 1, 2025 was $71.56 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 72.35% per annum.
- SRE price at the close of April 1, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
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 SRE 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: November 8, 2024
End date: April 1, 2025
a = 8.0960
b = -0.0021
s = 0.0447
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0021) – 1
= -53.68%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0447) – 1
= 19.59%
November 8, 2024 calculations
Top border of price channel:
Exp(Y1,159)
= Exp(a + b × X1,159 + 2 × s)
= Exp(a + b × 1,681 + 2 × s)
= Exp(8.0960 + -0.0021 × 1,681 + 2 × 0.0447)
= Exp(4.6408)
= $103.63
Bottom border of price channel:
Exp(Y1,159)
= Exp(a + b × X1,159 – 2 × s)
= Exp(a + b × 1,681 – 2 × s)
= Exp(8.0960 + -0.0021 × 1,681 – 2 × 0.0447)
= Exp(4.4619)
= $86.66
April 1, 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(8.0960 + -0.0021 × 1,825 + 2 × 0.0447)
= Exp(4.3372)
= $76.49
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(8.0960 + -0.0021 × 1,825 – 2 × 0.0447)
= Exp(4.1583)
= $63.96
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 53.68% per annum.
- SRE price at the close of April 1, 2025 was $71.56 and was inside the primary price channel.
Secondary Trend
Start date: March 6, 2025
End date: April 1, 2025
a = 1.5407
b = 0.0015
s = 0.0109
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 72.35%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0109) – 1
= 4.47%
March 6, 2025 calculations
Top border of price channel:
Exp(Y1,237)
= Exp(a + b × X1,237 + 2 × s)
= Exp(a + b × 1,799 + 2 × s)
= Exp(1.5407 + 0.0015 × 1,799 + 2 × 0.0109)
= Exp(4.2457)
= $69.80
Bottom border of price channel:
Exp(Y1,237)
= Exp(a + b × X1,237 – 2 × s)
= Exp(a + b × 1,799 – 2 × s)
= Exp(1.5407 + 0.0015 × 1,799 – 2 × 0.0109)
= Exp(4.2019)
= $66.81
April 1, 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(1.5407 + 0.0015 × 1,825 + 2 × 0.0109)
= Exp(4.2844)
= $72.56
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(1.5407 + 0.0015 × 1,825 – 2 × 0.0109)
= Exp(4.2407)
= $69.46
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 72.35% per annum.
- SRE price at the close of April 1, 2025 was inside the secondary price channel.