Thryv Holdings Inc (THRY)
Thryv Holdings, Inc. provides cloud-based tools and digital marketing solutions to small and medium-sized businesses (SMBs) in the United States. The company is headquartered in DFW Airport, Texas.
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 17.40% per annum.
- THRY price at the close of November 19, 2024 was $13.55 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 44.09% per annum.
- THRY price at the close of November 19, 2024 was lower than the bottom border of the secondary price channel by $0.07 (0.55%).
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 THRY 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 8, 2021
End date: November 19, 2024
a = 3.6117
b = -0.0005
s = 0.1227
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -17.40%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1227) – 1
= 63.35%
June 8, 2021 calculations
Top border of price channel:
Exp(Y171)
= Exp(a + b × X171 + 2 × s)
= Exp(a + b × 250 + 2 × s)
= Exp(3.6117 + -0.0005 × 250 + 2 × 0.1227)
= Exp(3.7262)
= $41.52
Bottom border of price channel:
Exp(Y171)
= Exp(a + b × X171 – 2 × s)
= Exp(a + b × 250 – 2 × s)
= Exp(3.6117 + -0.0005 × 250 – 2 × 0.1227)
= Exp(3.2355)
= $25.42
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,040)
= Exp(a + b × X1,040 + 2 × s)
= Exp(a + b × 1,510 + 2 × s)
= Exp(3.6117 + -0.0005 × 1,510 + 2 × 0.1227)
= Exp(3.0664)
= $21.47
Bottom border of price channel:
Exp(Y1,040)
= Exp(a + b × X1,040 – 2 × s)
= Exp(a + b × 1,510 – 2 × s)
= Exp(3.6117 + -0.0005 × 1,510 – 2 × 0.1227)
= Exp(2.5757)
= $13.14
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 17.40% per annum.
- THRY price at the close of November 19, 2024 was $13.55 and was inside the primary price channel.
Secondary Trend
Start date: March 8, 2024
End date: November 19, 2024
a = 5.1412
b = -0.0016
s = 0.0621
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -44.09%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0621) – 1
= 28.22%
March 8, 2024 calculations
Top border of price channel:
Exp(Y863)
= Exp(a + b × X863 + 2 × s)
= Exp(a + b × 1,254 + 2 × s)
= Exp(5.1412 + -0.0016 × 1,254 + 2 × 0.0621)
= Exp(3.2682)
= $26.26
Bottom border of price channel:
Exp(Y863)
= Exp(a + b × X863 – 2 × s)
= Exp(a + b × 1,254 – 2 × s)
= Exp(5.1412 + -0.0016 × 1,254 – 2 × 0.0621)
= Exp(3.0196)
= $20.48
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,040)
= Exp(a + b × X1,040 + 2 × s)
= Exp(a + b × 1,510 + 2 × s)
= Exp(5.1412 + -0.0016 × 1,510 + 2 × 0.0621)
= Exp(2.8605)
= $17.47
Bottom border of price channel:
Exp(Y1,040)
= Exp(a + b × X1,040 – 2 × s)
= Exp(a + b × 1,510 – 2 × s)
= Exp(5.1412 + -0.0016 × 1,510 – 2 × 0.0621)
= Exp(2.6119)
= $13.62
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 44.09% per annum.
- THRY price at the close of November 19, 2024 was lower than the bottom border of the secondary price channel by $0.07 (0.55%).