American Assets Trust Inc (AAT)
American Assets Trust, Inc. is a self-managed, vertically integrated, full-service real estate investment trust, or REIT, based in San Diego, California.
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 23.62% per annum.
- AAT price at the close of July 25, 2024 was $24.61 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 163.29% per annum.
- AAT price at the close of July 25, 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 AAT 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 10, 2023
End date: July 25, 2024
a = 2.0670
b = 0.0006
s = 0.0639
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 23.62%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0639) – 1
= 29.12%
March 10, 2023 calculations
Top border of price channel:
Exp(Y912)
= Exp(a + b × X912 + 2 × s)
= Exp(a + b × 1,323 + 2 × s)
= Exp(2.0670 + 0.0006 × 1,323 + 2 × 0.0639)
= Exp(2.9635)
= $19.37
Bottom border of price channel:
Exp(Y912)
= Exp(a + b × X912 – 2 × s)
= Exp(a + b × 1,323 – 2 × s)
= Exp(2.0670 + 0.0006 × 1,323 – 2 × 0.0639)
= Exp(2.7079)
= $15.00
July 25, 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(2.0670 + 0.0006 × 1,826 + 2 × 0.0639)
= Exp(3.2557)
= $25.94
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(2.0670 + 0.0006 × 1,826 – 2 × 0.0639)
= Exp(3.0001)
= $20.09
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 23.62% per annum.
- AAT price at the close of July 25, 2024 was $24.61 and was inside the primary price channel.
Secondary Trend
Start date: May 23, 2024
End date: July 25, 2024
a = -1.6627
b = 0.0027
s = 0.0262
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0027) – 1
= 163.29%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0262) – 1
= 11.07%
May 23, 2024 calculations
Top border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 + 2 × s)
= Exp(a + b × 1,763 + 2 × s)
= Exp(-1.6627 + 0.0027 × 1,763 + 2 × 0.0262)
= Exp(3.0658)
= $21.45
Bottom border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 – 2 × s)
= Exp(a + b × 1,763 – 2 × s)
= Exp(-1.6627 + 0.0027 × 1,763 – 2 × 0.0262)
= Exp(2.9608)
= $19.31
July 25, 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(-1.6627 + 0.0027 × 1,826 + 2 × 0.0262)
= Exp(3.2329)
= $25.35
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-1.6627 + 0.0027 × 1,826 – 2 × 0.0262)
= Exp(3.1279)
= $22.83
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 163.29% per annum.
- AAT price at the close of July 25, 2024 was inside the secondary price channel.