US Foods Holding Corp (USFD)
US Foods Holding Corp. The company is headquartered in Rosemont, Illinois.
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 36.09% per annum.
- USFD price at the close of November 20, 2024 was $66.57 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 96.00% per annum.
- USFD price at the close of November 20, 2024 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 USFD 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 9, 2022
End date: November 20, 2024
a = 2.5749
b = 0.0008
s = 0.0669
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 36.09%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0669) – 1
= 30.68%
June 9, 2022 calculations
Top border of price channel:
Exp(Y641)
= Exp(a + b × X641 + 2 × s)
= Exp(a + b × 931 + 2 × s)
= Exp(2.5749 + 0.0008 × 931 + 2 × 0.0669)
= Exp(3.4946)
= $32.94
Bottom border of price channel:
Exp(Y641)
= Exp(a + b × X641 – 2 × s)
= Exp(a + b × 931 – 2 × s)
= Exp(2.5749 + 0.0008 × 931 – 2 × 0.0669)
= Exp(3.2270)
= $25.20
November 20, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(2.5749 + 0.0008 × 1,826 + 2 × 0.0669)
= Exp(4.2502)
= $70.12
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(2.5749 + 0.0008 × 1,826 – 2 × 0.0669)
= Exp(3.9826)
= $53.65
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 36.09% per annum.
- USFD price at the close of November 20, 2024 was $66.57 and was inside the primary price channel.
Secondary Trend
Start date: July 1, 2024
End date: November 20, 2024
a = 0.8302
b = 0.0018
s = 0.0289
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0018) – 1
= 96.00%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0289) – 1
= 12.25%
July 1, 2024 calculations
Top border of price channel:
Exp(Y1,157)
= Exp(a + b × X1,157 + 2 × s)
= Exp(a + b × 1,684 + 2 × s)
= Exp(0.8302 + 0.0018 × 1,684 + 2 × 0.0289)
= Exp(3.9927)
= $54.20
Bottom border of price channel:
Exp(Y1,157)
= Exp(a + b × X1,157 – 2 × s)
= Exp(a + b × 1,684 – 2 × s)
= Exp(0.8302 + 0.0018 × 1,684 – 2 × 0.0289)
= Exp(3.8771)
= $48.28
November 20, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(0.8302 + 0.0018 × 1,826 + 2 × 0.0289)
= Exp(4.2545)
= $70.42
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(0.8302 + 0.0018 × 1,826 – 2 × 0.0289)
= Exp(4.1389)
= $62.73
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 96.00% per annum.
- USFD price at the close of November 20, 2024 was inside the secondary price channel.