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 286.18% per annum.
- VRE price at the close of April 2, 2025 was $17.11 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 288.24% per annum.
- VRE 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 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: March 18, 2025
End date: April 2, 2025
a = -3.9192
b = 0.0037
s = 0.0035
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0037) – 1
= 286.18%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0035) – 1
= 1.40%
March 18, 2025 calculations
Top border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 + 2 × s)
= Exp(a + b × 1,810 + 2 × s)
= Exp(-3.9192 + 0.0037 × 1,810 + 2 × 0.0035)
= Exp(2.7878)
= $16.25
Bottom border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 – 2 × s)
= Exp(a + b × 1,810 – 2 × s)
= Exp(-3.9192 + 0.0037 × 1,810 – 2 × 0.0035)
= Exp(2.7739)
= $16.02
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(-3.9192 + 0.0037 × 1,825 + 2 × 0.0035)
= Exp(2.8434)
= $17.17
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-3.9192 + 0.0037 × 1,825 – 2 × 0.0035)
= Exp(2.8295)
= $16.94
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 286.18% per annum.
- VRE price at the close of April 2, 2025 was $17.11 and was inside the primary price channel.
Secondary Trend
Start date: March 19, 2025
End date: April 2, 2025
a = -3.9458
b = 0.0037
s = 0.0037
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0037) – 1
= 288.24%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0037) – 1
= 1.48%
March 19, 2025 calculations
Top border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 + 2 × s)
= Exp(a + b × 1,811 + 2 × s)
= Exp(-3.9458 + 0.0037 × 1,811 + 2 × 0.0037)
= Exp(2.7918)
= $16.31
Bottom border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 – 2 × s)
= Exp(a + b × 1,811 – 2 × s)
= Exp(-3.9458 + 0.0037 × 1,811 – 2 × 0.0037)
= Exp(2.7771)
= $16.07
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(-3.9458 + 0.0037 × 1,825 + 2 × 0.0037)
= Exp(2.8438)
= $17.18
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-3.9458 + 0.0037 × 1,825 – 2 × 0.0037)
= Exp(2.8291)
= $16.93
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 288.24% per annum.
- VRE price at the close of April 2, 2025 was inside the secondary price channel.