The Andersons Inc (ANDE)
The Andersons Inc. (ANDE) is a diversified agricultural company engaged in various sectors, including grain and logistics, ethanol production, plant nutrients, and rail services, both within the United States and internationally. Headquartered in Maumee, Ohio, Andersons leverages its extensive network and infrastructure to enhance operational efficiency and capitalize on market opportunities. With a commitment to sustainable practices and innovation, the company aims to drive growth and deliver value to shareholders while supporting the agricultural supply chain.
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 15.97% per annum.
- ANDE price at the close of December 4, 2025 was $50.69 and was higher than the top border of the primary price channel by $8.01 (18.78%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 101.52% per annum.
- ANDE price at the close of December 4, 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 ANDE 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: July 27, 2023
End date: October 10, 2025
a = 4.4668
b = -0.0005
s = 0.0779
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -15.97%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0779) – 1
= 36.56%
July 27, 2023 calculations
Top border of price channel:
Exp(Y662)
= Exp(a + b × X662 + 2 × s)
= Exp(a + b × 962 + 2 × s)
= Exp(4.4668 + -0.0005 × 962 + 2 × 0.0779)
= Exp(4.1641)
= $64.33
Bottom border of price channel:
Exp(Y662)
= Exp(a + b × X662 – 2 × s)
= Exp(a + b × 962 – 2 × s)
= Exp(4.4668 + -0.0005 × 962 – 2 × 0.0779)
= Exp(3.8525)
= $47.11
October 10, 2025 calculations
Top border of price channel:
Exp(Y1,216)
= Exp(a + b × X1,216 + 2 × s)
= Exp(a + b × 1,768 + 2 × s)
= Exp(4.4668 + -0.0005 × 1,768 + 2 × 0.0779)
= Exp(3.7798)
= $43.81
Bottom border of price channel:
Exp(Y1,216)
= Exp(a + b × X1,216 – 2 × s)
= Exp(a + b × 1,768 – 2 × s)
= Exp(4.4668 + -0.0005 × 1,768 – 2 × 0.0779)
= Exp(3.4683)
= $32.08
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 15.97% per annum.
- ANDE price at the close of December 4, 2025 was $50.69 and was higher than the top border of the primary price channel by $8.01 (18.78%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: May 6, 2025
End date: December 4, 2025
a = 0.3899
b = 0.0019
s = 0.0499
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0019) – 1
= 101.52%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0499) – 1
= 22.09%
May 6, 2025 calculations
Top border of price channel:
Exp(Y1,107)
= Exp(a + b × X1,107 + 2 × s)
= Exp(a + b × 1,611 + 2 × s)
= Exp(0.3899 + 0.0019 × 1,611 + 2 × 0.0499)
= Exp(3.5826)
= $35.97
Bottom border of price channel:
Exp(Y1,107)
= Exp(a + b × X1,107 – 2 × s)
= Exp(a + b × 1,611 – 2 × s)
= Exp(0.3899 + 0.0019 × 1,611 – 2 × 0.0499)
= Exp(3.3829)
= $29.46
December 4, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(0.3899 + 0.0019 × 1,823 + 2 × 0.0499)
= Exp(3.9896)
= $54.03
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(0.3899 + 0.0019 × 1,823 – 2 × 0.0499)
= Exp(3.7899)
= $44.25
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 101.52% per annum.
- ANDE price at the close of December 4, 2025 was inside the secondary price channel.