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 increasing.
- The growth rate of the primary trend is 84.39% per annum.
- TKO price at the close of January 27, 2025 was $153.45 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 53.08% per annum.
- TKO price at the close of January 27, 2025 was higher than the top border of the secondary price channel by $5.25 (3.54%).
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: November 29, 2023
End date: October 23, 2024
a = 4.1803
b = 0.0017
s = 0.0398
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0017) – 1
= 84.39%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0398) – 1
= 17.26%
November 29, 2023 calculations
Top border of price channel:
Exp(Y55)
= Exp(a + b × X55 + 2 × s)
= Exp(a + b × 78 + 2 × s)
= Exp(4.1803 + 0.0017 × 78 + 2 × 0.0398)
= Exp(4.3906)
= $80.69
Bottom border of price channel:
Exp(Y55)
= Exp(a + b × X55 – 2 × s)
= Exp(a + b × 78 – 2 × s)
= Exp(4.1803 + 0.0017 × 78 – 2 × 0.0398)
= Exp(4.2314)
= $68.82
October 23, 2024 calculations
Top border of price channel:
Exp(Y281)
= Exp(a + b × X281 + 2 × s)
= Exp(a + b × 407 + 2 × s)
= Exp(4.1803 + 0.0017 × 407 + 2 × 0.0398)
= Exp(4.9422)
= $140.08
Bottom border of price channel:
Exp(Y281)
= Exp(a + b × X281 – 2 × s)
= Exp(a + b × 407 – 2 × s)
= Exp(4.1803 + 0.0017 × 407 – 2 × 0.0398)
= Exp(4.7830)
= $119.46
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 84.39% per annum.
- TKO price at the close of January 27, 2025 was $153.45 and was inside the primary price channel.
Secondary Trend
Start date: April 8, 2024
End date: November 19, 2024
a = 4.3386
b = 0.0012
s = 0.0366
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0012) – 1
= 53.08%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0366) – 1
= 15.76%
April 8, 2024 calculations
Top border of price channel:
Exp(Y143)
= Exp(a + b × X143 + 2 × s)
= Exp(a + b × 209 + 2 × s)
= Exp(4.3386 + 0.0012 × 209 + 2 × 0.0366)
= Exp(4.6556)
= $105.17
Bottom border of price channel:
Exp(Y143)
= Exp(a + b × X143 – 2 × s)
= Exp(a + b × 209 – 2 × s)
= Exp(4.3386 + 0.0012 × 209 – 2 × 0.0366)
= Exp(4.5092)
= $90.85
November 19, 2024 calculations
Top border of price channel:
Exp(Y300)
= Exp(a + b × X300 + 2 × s)
= Exp(a + b × 434 + 2 × s)
= Exp(4.3386 + 0.0012 × 434 + 2 × 0.0366)
= Exp(4.9181)
= $136.74
Bottom border of price channel:
Exp(Y300)
= Exp(a + b × X300 – 2 × s)
= Exp(a + b × 434 – 2 × s)
= Exp(4.3386 + 0.0012 × 434 – 2 × 0.0366)
= Exp(4.7717)
= $118.12
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 53.08% per annum.
- TKO price at the close of January 27, 2025 was higher than the top border of the secondary price channel by $5.25 (3.54%).