Visa Inc. Class A (V)
Visa Inc. is an American multinational financial services corporation headquartered in Foster City, California, United States. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa is one of the world's most valuable companies.
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 22.93% per annum.
- V price at the close of April 2, 2025 was $346.33 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 60.39% per annum.
- V price at the close of April 2, 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 V 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: August 23, 2022
End date: April 2, 2025
a = 4.7654
b = 0.0006
s = 0.0471
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 22.93%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0471) – 1
= 20.72%
August 23, 2022 calculations
Top border of price channel:
Exp(Y601)
= Exp(a + b × X601 + 2 × s)
= Exp(a + b × 872 + 2 × s)
= Exp(4.7654 + 0.0006 × 872 + 2 × 0.0471)
= Exp(5.3528)
= $211.20
Bottom border of price channel:
Exp(Y601)
= Exp(a + b × X601 – 2 × s)
= Exp(a + b × 872 – 2 × s)
= Exp(4.7654 + 0.0006 × 872 – 2 × 0.0471)
= Exp(5.1645)
= $174.95
April 2, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(4.7654 + 0.0006 × 1,825 + 2 × 0.0471)
= Exp(5.8919)
= $362.08
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.7654 + 0.0006 × 1,825 – 2 × 0.0471)
= Exp(5.7036)
= $299.94
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 22.93% per annum.
- V price at the close of April 2, 2025 was $346.33 and was inside the primary price channel.
Secondary Trend
Start date: July 19, 2024
End date: April 2, 2025
a = 3.5195
b = 0.0013
s = 0.0287
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0013) – 1
= 60.39%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0287) – 1
= 12.17%
July 19, 2024 calculations
Top border of price channel:
Exp(Y1,079)
= Exp(a + b × X1,079 + 2 × s)
= Exp(a + b × 1,568 + 2 × s)
= Exp(3.5195 + 0.0013 × 1,568 + 2 × 0.0287)
= Exp(5.6064)
= $272.16
Bottom border of price channel:
Exp(Y1,079)
= Exp(a + b × X1,079 – 2 × s)
= Exp(a + b × 1,568 – 2 × s)
= Exp(3.5195 + 0.0013 × 1,568 – 2 × 0.0287)
= Exp(5.4915)
= $242.63
April 2, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(3.5195 + 0.0013 × 1,825 + 2 × 0.0287)
= Exp(5.9390)
= $379.56
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.5195 + 0.0013 × 1,825 – 2 × 0.0287)
= Exp(5.8242)
= $338.38
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 60.39% per annum.
- V price at the close of April 2, 2025 was inside the secondary price channel.