Stock Price Trends

Molson Coors Brewing Co Class B (TAP)

The Molson Coors Beverage Company, commonly known as Molson Coors, is a multinational drink and brewing company headquartered in Chicago in the United States.

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 6.39% per annum.
  • TAP price at the close of September 12, 2025 was $48.42 and was inside the primary price channel.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 34.62% per annum.
  • TAP price at the close of September 12, 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 TAP 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: May 1, 2023
End date: September 12, 2025

a = 4.2743

b = -0.0002

s = 0.0669

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0002) – 1
= -6.39%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0669) – 1
= 30.66%

May 1, 2023 calculations

Top border of price channel:

Exp(Y661)
= Exp(a + b × X661 + 2 × s)
= Exp(a + b × 959 + 2 × s)
= Exp(4.2743 + -0.0002 × 959 + 2 × 0.0669)
= Exp(4.2346)
= $69.04

Bottom border of price channel:

Exp(Y661)
= Exp(a + b × X661 – 2 × s)
= Exp(a + b × 959 – 2 × s)
= Exp(4.2743 + -0.0002 × 959 – 2 × 0.0669)
= Exp(3.9672)
= $52.84

September 12, 2025 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(4.2743 + -0.0002 × 1,824 + 2 × 0.0669)
= Exp(4.0782)
= $59.04

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(4.2743 + -0.0002 × 1,824 – 2 × 0.0669)
= Exp(3.8108)
= $45.19

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 6.39% per annum.
  • TAP price at the close of September 12, 2025 was $48.42 and was inside the primary price channel.

Secondary Trend

Start date: February 14, 2025
End date: September 12, 2025

a = 5.9812

b = -0.0012

s = 0.0380

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0012) – 1
= -34.62%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0380) – 1
= 16.42%

February 14, 2025 calculations

Top border of price channel:

Exp(Y1,111)
= Exp(a + b × X1,111 + 2 × s)
= Exp(a + b × 1,614 + 2 × s)
= Exp(5.9812 + -0.0012 × 1,614 + 2 × 0.0380)
= Exp(4.1782)
= $65.25

Bottom border of price channel:

Exp(Y1,111)
= Exp(a + b × X1,111 – 2 × s)
= Exp(a + b × 1,614 – 2 × s)
= Exp(5.9812 + -0.0012 × 1,614 – 2 × 0.0380)
= Exp(4.0262)
= $56.05

September 12, 2025 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(5.9812 + -0.0012 × 1,824 + 2 × 0.0380)
= Exp(3.9337)
= $51.10

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(5.9812 + -0.0012 × 1,824 – 2 × 0.0380)
= Exp(3.7817)
= $43.89

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 34.62% per annum.
  • TAP price at the close of September 12, 2025 was inside the secondary price channel.

See Also

Symbol

Company name

SAM
Boston Beer Company Inc