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 19.44% per annum.
- V price at the close of November 20, 2024 was $307.39 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 153.82% per annum.
- V 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 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: June 10, 2022
End date: November 20, 2024
a = 4.8004
b = 0.0005
s = 0.0446
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 19.44%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0446) – 1
= 19.51%
June 10, 2022 calculations
Top border of price channel:
Exp(Y642)
= Exp(a + b × X642 + 2 × s)
= Exp(a + b × 932 + 2 × s)
= Exp(4.8004 + 0.0005 × 932 + 2 × 0.0446)
= Exp(5.3430)
= $209.13
Bottom border of price channel:
Exp(Y642)
= Exp(a + b × X642 – 2 × s)
= Exp(a + b × 932 – 2 × s)
= Exp(4.8004 + 0.0005 × 932 – 2 × 0.0446)
= Exp(5.1648)
= $175.00
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(4.8004 + 0.0005 × 1,826 + 2 × 0.0446)
= Exp(5.7780)
= $323.11
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(4.8004 + 0.0005 × 1,826 – 2 × 0.0446)
= Exp(5.5998)
= $270.37
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 19.44% per annum.
- V price at the close of November 20, 2024 was $307.39 and was inside the primary price channel.
Secondary Trend
Start date: September 24, 2024
End date: November 20, 2024
a = 1.0761
b = 0.0026
s = 0.0175
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0026) – 1
= 153.82%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0175) – 1
= 7.24%
September 24, 2024 calculations
Top border of price channel:
Exp(Y1,216)
= Exp(a + b × X1,216 + 2 × s)
= Exp(a + b × 1,769 + 2 × s)
= Exp(1.0761 + 0.0026 × 1,769 + 2 × 0.0175)
= Exp(5.6255)
= $277.41
Bottom border of price channel:
Exp(Y1,216)
= Exp(a + b × X1,216 – 2 × s)
= Exp(a + b × 1,769 – 2 × s)
= Exp(1.0761 + 0.0026 × 1,769 – 2 × 0.0175)
= Exp(5.5556)
= $258.68
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(1.0761 + 0.0026 × 1,826 + 2 × 0.0175)
= Exp(5.7710)
= $320.85
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(1.0761 + 0.0026 × 1,826 – 2 × 0.0175)
= Exp(5.7010)
= $299.18
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 153.82% per annum.
- V price at the close of November 20, 2024 was inside the secondary price channel.