Victoria's Secret & Co (VSCO)
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 499.79% per annum.
- VSCO price at the close of November 19, 2024 was $36.25 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 3,499.13% per annum.
- VSCO price at the close of November 19, 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 VSCO 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 21, 2024
End date: November 19, 2024
a = -2.4576
b = 0.0049
s = 0.0768
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0049) – 1
= 499.79%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0768) – 1
= 35.97%
June 21, 2024 calculations
Top border of price channel:
Exp(Y734)
= Exp(a + b × X734 + 2 × s)
= Exp(a + b × 1,066 + 2 × s)
= Exp(-2.4576 + 0.0049 × 1,066 + 2 × 0.0768)
= Exp(2.9280)
= $18.69
Bottom border of price channel:
Exp(Y734)
= Exp(a + b × X734 – 2 × s)
= Exp(a + b × 1,066 – 2 × s)
= Exp(-2.4576 + 0.0049 × 1,066 – 2 × 0.0768)
= Exp(2.6207)
= $13.75
November 19, 2024 calculations
Top border of price channel:
Exp(Y839)
= Exp(a + b × X839 + 2 × s)
= Exp(a + b × 1,217 + 2 × s)
= Exp(-2.4576 + 0.0049 × 1,217 + 2 × 0.0768)
= Exp(3.6691)
= $39.22
Bottom border of price channel:
Exp(Y839)
= Exp(a + b × X839 – 2 × s)
= Exp(a + b × 1,217 – 2 × s)
= Exp(-2.4576 + 0.0049 × 1,217 – 2 × 0.0768)
= Exp(3.3618)
= $28.84
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 499.79% per annum.
- VSCO price at the close of November 19, 2024 was $36.25 and was inside the primary price channel.
Secondary Trend
Start date: October 3, 2024
End date: November 19, 2024
a = -8.3226
b = 0.0098
s = 0.0288
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0098) – 1
= 3,499.13%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0288) – 1
= 12.21%
October 3, 2024 calculations
Top border of price channel:
Exp(Y806)
= Exp(a + b × X806 + 2 × s)
= Exp(a + b × 1,170 + 2 × s)
= Exp(-8.3226 + 0.0098 × 1,170 + 2 × 0.0288)
= Exp(3.2212)
= $25.06
Bottom border of price channel:
Exp(Y806)
= Exp(a + b × X806 – 2 × s)
= Exp(a + b × 1,170 – 2 × s)
= Exp(-8.3226 + 0.0098 × 1,170 – 2 × 0.0288)
= Exp(3.1059)
= $22.33
November 19, 2024 calculations
Top border of price channel:
Exp(Y839)
= Exp(a + b × X839 + 2 × s)
= Exp(a + b × 1,217 + 2 × s)
= Exp(-8.3226 + 0.0098 × 1,217 + 2 × 0.0288)
= Exp(3.6826)
= $39.75
Bottom border of price channel:
Exp(Y839)
= Exp(a + b × X839 – 2 × s)
= Exp(a + b × 1,217 – 2 × s)
= Exp(-8.3226 + 0.0098 × 1,217 – 2 × 0.0288)
= Exp(3.5673)
= $35.42
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 3,499.13% per annum.
- VSCO price at the close of November 19, 2024 was inside the secondary price channel.