Xylem Inc (XYL)
Xylem Inc. is a large American water technology provider, in public utility, residential, commercial, agricultural and industrial settings.
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 21.86% per annum.
- XYL price at the close of January 27, 2025 was $122.18 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 438.51% per annum.
- XYL price at the close of January 27, 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 XYL 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: May 6, 2024
End date: January 27, 2025
a = 6.0138
b = -0.0007
s = 0.0299
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -21.86%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0299) – 1
= 12.71%
May 6, 2024 calculations
Top border of price channel:
Exp(Y1,075)
= Exp(a + b × X1,075 + 2 × s)
= Exp(a + b × 1,560 + 2 × s)
= Exp(6.0138 + -0.0007 × 1,560 + 2 × 0.0299)
= Exp(5.0193)
= $151.31
Bottom border of price channel:
Exp(Y1,075)
= Exp(a + b × X1,075 – 2 × s)
= Exp(a + b × 1,560 – 2 × s)
= Exp(6.0138 + -0.0007 × 1,560 – 2 × 0.0299)
= Exp(4.8997)
= $134.25
January 27, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(6.0138 + -0.0007 × 1,826 + 2 × 0.0299)
= Exp(4.8395)
= $126.41
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(6.0138 + -0.0007 × 1,826 – 2 × 0.0299)
= Exp(4.7199)
= $112.16
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 21.86% per annum.
- XYL price at the close of January 27, 2025 was $122.18 and was inside the primary price channel.
Secondary Trend
Start date: January 10, 2025
End date: January 27, 2025
a = -3.6044
b = 0.0046
s = 0.0097
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0046) – 1
= 438.51%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0097) – 1
= 3.96%
January 10, 2025 calculations
Top border of price channel:
Exp(Y1,246)
= Exp(a + b × X1,246 + 2 × s)
= Exp(a + b × 1,809 + 2 × s)
= Exp(-3.6044 + 0.0046 × 1,809 + 2 × 0.0097)
= Exp(4.7594)
= $116.68
Bottom border of price channel:
Exp(Y1,246)
= Exp(a + b × X1,246 – 2 × s)
= Exp(a + b × 1,809 – 2 × s)
= Exp(-3.6044 + 0.0046 × 1,809 – 2 × 0.0097)
= Exp(4.7206)
= $112.23
January 27, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(-3.6044 + 0.0046 × 1,826 + 2 × 0.0097)
= Exp(4.8378)
= $126.19
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-3.6044 + 0.0046 × 1,826 – 2 × 0.0097)
= Exp(4.7990)
= $121.39
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 438.51% per annum.
- XYL price at the close of January 27, 2025 was inside the secondary price channel.