Wintrust Financial Corporation (WTFC)
Wintrust Financial Corporation is a financial holding company. The company is headquartered in Rosemont, Illinois.
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 42.73% per annum.
- WTFC price at the close of November 19, 2024 was $131.12 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 552.09% per annum.
- WTFC 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 WTFC 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 23, 2023
End date: November 19, 2024
a = 2.9871
b = 0.0010
s = 0.0623
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0010) – 1
= 42.73%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0623) – 1
= 28.28%
March 23, 2023 calculations
Top border of price channel:
Exp(Y839)
= Exp(a + b × X839 + 2 × s)
= Exp(a + b × 1,219 + 2 × s)
= Exp(2.9871 + 0.0010 × 1,219 + 2 × 0.0623)
= Exp(4.2998)
= $73.69
Bottom border of price channel:
Exp(Y839)
= Exp(a + b × X839 – 2 × s)
= Exp(a + b × 1,219 – 2 × s)
= Exp(2.9871 + 0.0010 × 1,219 – 2 × 0.0623)
= Exp(4.0508)
= $57.44
November 19, 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(2.9871 + 0.0010 × 1,826 + 2 × 0.0623)
= Exp(4.8915)
= $133.15
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(2.9871 + 0.0010 × 1,826 – 2 × 0.0623)
= Exp(4.6425)
= $103.80
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 42.73% per annum.
- WTFC price at the close of November 19, 2024 was $131.12 and was inside the primary price channel.
Secondary Trend
Start date: October 1, 2024
End date: November 19, 2024
a = -4.4946
b = 0.0051
s = 0.0322
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0051) – 1
= 552.09%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0322) – 1
= 13.77%
October 1, 2024 calculations
Top border of price channel:
Exp(Y1,222)
= Exp(a + b × X1,222 + 2 × s)
= Exp(a + b × 1,777 + 2 × s)
= Exp(-4.4946 + 0.0051 × 1,777 + 2 × 0.0322)
= Exp(4.6984)
= $109.77
Bottom border of price channel:
Exp(Y1,222)
= Exp(a + b × X1,222 – 2 × s)
= Exp(a + b × 1,777 – 2 × s)
= Exp(-4.4946 + 0.0051 × 1,777 – 2 × 0.0322)
= Exp(4.5694)
= $96.49
November 19, 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(-4.4946 + 0.0051 × 1,826 + 2 × 0.0322)
= Exp(4.9501)
= $141.19
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-4.4946 + 0.0051 × 1,826 – 2 × 0.0322)
= Exp(4.8211)
= $124.11
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 552.09% per annum.
- WTFC price at the close of November 19, 2024 was inside the secondary price channel.