Veris Residential Inc (VRE)
None
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 24.26% per annum.
- VRE price at the close of April 24, 2025 was $15.80 and was lower than the bottom border of the primary price channel by $1.39 (8.08%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 16.34% per annum.
- VRE price at the close of April 24, 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 VRE 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: October 25, 2023
End date: December 17, 2024
a = 1.8521
b = 0.0006
s = 0.0464
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 24.26%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0464) – 1
= 20.39%
October 25, 2023 calculations
Top border of price channel:
Exp(Y881)
= Exp(a + b × X881 + 2 × s)
= Exp(a + b × 1,276 + 2 × s)
= Exp(1.8521 + 0.0006 × 1,276 + 2 × 0.0464)
= Exp(2.7043)
= $14.94
Bottom border of price channel:
Exp(Y881)
= Exp(a + b × X881 – 2 × s)
= Exp(a + b × 1,276 – 2 × s)
= Exp(1.8521 + 0.0006 × 1,276 – 2 × 0.0464)
= Exp(2.5187)
= $12.41
December 17, 2024 calculations
Top border of price channel:
Exp(Y1,169)
= Exp(a + b × X1,169 + 2 × s)
= Exp(a + b × 1,695 + 2 × s)
= Exp(1.8521 + 0.0006 × 1,695 + 2 × 0.0464)
= Exp(2.9537)
= $19.18
Bottom border of price channel:
Exp(Y1,169)
= Exp(a + b × X1,169 – 2 × s)
= Exp(a + b × 1,695 – 2 × s)
= Exp(1.8521 + 0.0006 × 1,695 – 2 × 0.0464)
= Exp(2.7681)
= $15.93
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 24.26% per annum.
- VRE price at the close of April 24, 2025 was $15.80 and was lower than the bottom border of the primary price channel by $1.39 (8.08%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: August 27, 2024
End date: April 24, 2025
a = 3.6462
b = -0.0005
s = 0.0361
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -16.34%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0361) – 1
= 15.53%
August 27, 2024 calculations
Top border of price channel:
Exp(Y1,091)
= Exp(a + b × X1,091 + 2 × s)
= Exp(a + b × 1,583 + 2 × s)
= Exp(3.6462 + -0.0005 × 1,583 + 2 × 0.0361)
= Exp(2.9444)
= $19.00
Bottom border of price channel:
Exp(Y1,091)
= Exp(a + b × X1,091 – 2 × s)
= Exp(a + b × 1,583 – 2 × s)
= Exp(3.6462 + -0.0005 × 1,583 – 2 × 0.0361)
= Exp(2.8001)
= $16.45
April 24, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(3.6462 + -0.0005 × 1,823 + 2 × 0.0361)
= Exp(2.8271)
= $16.90
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(3.6462 + -0.0005 × 1,823 – 2 × 0.0361)
= Exp(2.6828)
= $14.63
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 16.34% per annum.
- VRE price at the close of April 24, 2025 was inside the secondary price channel.