Simpson Manufacturing Company Inc (SSD)
Simpson Manufacturing Co., Inc. designs, designs, manufactures and sells products for the construction of wooden and concrete buildings. The company is headquartered in Pleasanton, California.
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 31.74% per annum.
- SSD price at the close of April 2, 2025 was $158.83 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 17.77% per annum.
- SSD price at the close of April 2, 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 SSD 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: September 18, 2024
End date: April 2, 2025
a = 6.9666
b = -0.0010
s = 0.0305
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0010) – 1
= -31.74%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0305) – 1
= 12.99%
September 18, 2024 calculations
Top border of price channel:
Exp(Y1,121)
= Exp(a + b × X1,121 + 2 × s)
= Exp(a + b × 1,629 + 2 × s)
= Exp(6.9666 + -0.0010 × 1,629 + 2 × 0.0305)
= Exp(5.3236)
= $205.12
Bottom border of price channel:
Exp(Y1,121)
= Exp(a + b × X1,121 – 2 × s)
= Exp(a + b × 1,629 – 2 × s)
= Exp(6.9666 + -0.0010 × 1,629 – 2 × 0.0305)
= Exp(5.2014)
= $181.53
April 2, 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(6.9666 + -0.0010 × 1,825 + 2 × 0.0305)
= Exp(5.1186)
= $167.09
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.9666 + -0.0010 × 1,825 – 2 × 0.0305)
= Exp(4.9964)
= $147.88
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 31.74% per annum.
- SSD price at the close of April 2, 2025 was $158.83 and was inside the primary price channel.
Secondary Trend
Start date: December 18, 2024
End date: April 2, 2025
a = 6.0531
b = -0.0005
s = 0.0255
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -17.77%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0255) – 1
= 10.75%
December 18, 2024 calculations
Top border of price channel:
Exp(Y1,185)
= Exp(a + b × X1,185 + 2 × s)
= Exp(a + b × 1,720 + 2 × s)
= Exp(6.0531 + -0.0005 × 1,720 + 2 × 0.0255)
= Exp(5.1824)
= $178.11
Bottom border of price channel:
Exp(Y1,185)
= Exp(a + b × X1,185 – 2 × s)
= Exp(a + b × 1,720 – 2 × s)
= Exp(6.0531 + -0.0005 × 1,720 – 2 × 0.0255)
= Exp(5.0803)
= $160.83
April 2, 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(6.0531 + -0.0005 × 1,825 + 2 × 0.0255)
= Exp(5.1261)
= $168.36
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.0531 + -0.0005 × 1,825 – 2 × 0.0255)
= Exp(5.0241)
= $152.03
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 17.77% per annum.
- SSD price at the close of April 2, 2025 was inside the secondary price channel.