TKO Group Holdings, Inc. (TKO)
TKO Group Holdings, Inc. is a sports and entertainment company. The company is headquartered in New York, New York.
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 45.05% per annum.
- TKO price at the close of April 17, 2025 was $149.22 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 5.23% per annum.
- TKO price at the close of April 17, 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 TKO 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: January 28, 2025
End date: April 17, 2025
a = 5.9248
b = -0.0016
s = 0.0482
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -45.05%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0482) – 1
= 21.27%
January 28, 2025 calculations
Top border of price channel:
Exp(Y345)
= Exp(a + b × X345 + 2 × s)
= Exp(a + b × 504 + 2 × s)
= Exp(5.9248 + -0.0016 × 504 + 2 × 0.0482)
= Exp(5.1945)
= $180.27
Bottom border of price channel:
Exp(Y345)
= Exp(a + b × X345 – 2 × s)
= Exp(a + b × 504 – 2 × s)
= Exp(5.9248 + -0.0016 × 504 – 2 × 0.0482)
= Exp(5.0016)
= $148.66
April 17, 2025 calculations
Top border of price channel:
Exp(Y401)
= Exp(a + b × X401 + 2 × s)
= Exp(a + b × 583 + 2 × s)
= Exp(5.9248 + -0.0016 × 583 + 2 × 0.0482)
= Exp(5.0649)
= $158.36
Bottom border of price channel:
Exp(Y401)
= Exp(a + b × X401 – 2 × s)
= Exp(a + b × 583 – 2 × s)
= Exp(5.9248 + -0.0016 × 583 – 2 × 0.0482)
= Exp(4.8721)
= $130.59
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 45.05% per annum.
- TKO price at the close of April 17, 2025 was $149.22 and was inside the primary price channel.
Secondary Trend
Start date: February 27, 2025
End date: April 17, 2025
a = 4.9175
b = 0.0001
s = 0.0323
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 5.23%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0323) – 1
= 13.78%
February 27, 2025 calculations
Top border of price channel:
Exp(Y366)
= Exp(a + b × X366 + 2 × s)
= Exp(a + b × 534 + 2 × s)
= Exp(4.9175 + 0.0001 × 534 + 2 × 0.0323)
= Exp(5.0566)
= $157.05
Bottom border of price channel:
Exp(Y366)
= Exp(a + b × X366 – 2 × s)
= Exp(a + b × 534 – 2 × s)
= Exp(4.9175 + 0.0001 × 534 – 2 × 0.0323)
= Exp(4.9275)
= $138.03
April 17, 2025 calculations
Top border of price channel:
Exp(Y401)
= Exp(a + b × X401 + 2 × s)
= Exp(a + b × 583 + 2 × s)
= Exp(4.9175 + 0.0001 × 583 + 2 × 0.0323)
= Exp(5.0634)
= $158.13
Bottom border of price channel:
Exp(Y401)
= Exp(a + b × X401 – 2 × s)
= Exp(a + b × 583 – 2 × s)
= Exp(4.9175 + 0.0001 × 583 – 2 × 0.0323)
= Exp(4.9343)
= $138.98
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 5.23% per annum.
- TKO price at the close of April 17, 2025 was inside the secondary price channel.