Wingstop Inc (WING)
Wingstop Inc., franchises and operates restaurants under the Wingstop brand. The company is headquartered in Dallas, Texas.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 53.59% per annum.
- WING price at the close of March 31, 2025 was $225.58 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 68.84% per annum.
- WING price at the close of March 31, 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 WING 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, 2024
End date: March 31, 2025
a = 9.3248
b = -0.0021
s = 0.0935
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0021) – 1
= -53.59%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0935) – 1
= 45.34%
June 10, 2024 calculations
Top border of price channel:
Exp(Y1,054)
= Exp(a + b × X1,054 + 2 × s)
= Exp(a + b × 1,531 + 2 × s)
= Exp(9.3248 + -0.0021 × 1,531 + 2 × 0.0935)
= Exp(6.2917)
= $540.07
Bottom border of price channel:
Exp(Y1,054)
= Exp(a + b × X1,054 – 2 × s)
= Exp(a + b × 1,531 – 2 × s)
= Exp(9.3248 + -0.0021 × 1,531 – 2 × 0.0935)
= Exp(5.9178)
= $371.60
March 31, 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(9.3248 + -0.0021 × 1,825 + 2 × 0.0935)
= Exp(5.6733)
= $291.01
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(9.3248 + -0.0021 × 1,825 – 2 × 0.0935)
= Exp(5.2995)
= $200.23
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 53.59% per annum.
- WING price at the close of March 31, 2025 was $225.58 and was inside the primary price channel.
Secondary Trend
Start date: September 12, 2024
End date: March 31, 2025
a = 11.2303
b = -0.0032
s = 0.0764
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0032) – 1
= -68.84%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0764) – 1
= 35.73%
September 12, 2024 calculations
Top border of price channel:
Exp(Y1,119)
= Exp(a + b × X1,119 + 2 × s)
= Exp(a + b × 1,625 + 2 × s)
= Exp(11.2303 + -0.0032 × 1,625 + 2 × 0.0764)
= Exp(6.1912)
= $488.41
Bottom border of price channel:
Exp(Y1,119)
= Exp(a + b × X1,119 – 2 × s)
= Exp(a + b × 1,625 – 2 × s)
= Exp(11.2303 + -0.0032 × 1,625 – 2 × 0.0764)
= Exp(5.8856)
= $359.84
March 31, 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(11.2303 + -0.0032 × 1,825 + 2 × 0.0764)
= Exp(5.5522)
= $257.79
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(11.2303 + -0.0032 × 1,825 – 2 × 0.0764)
= Exp(5.2466)
= $189.93
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 68.84% per annum.
- WING price at the close of March 31, 2025 was inside the secondary price channel.