Apple Hospitality REIT Inc (APLE)
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (?
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 15.74% per annum.
- APLE price at the close of August 18, 2025 was $12.23 and was higher than the top border of the primary price channel by $0.40 (3.35%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 25.46% per annum.
- APLE price at the close of August 18, 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 APLE 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: November 2, 2023
End date: September 18, 2024
a = 3.2675
b = -0.0005
s = 0.0298
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -15.74%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0298) – 1
= 12.66%
November 2, 2023 calculations
Top border of price channel:
Exp(Y807)
= Exp(a + b × X807 + 2 × s)
= Exp(a + b × 1,170 + 2 × s)
= Exp(3.2675 + -0.0005 × 1,170 + 2 × 0.0298)
= Exp(2.7782)
= $16.09
Bottom border of price channel:
Exp(Y807)
= Exp(a + b × X807 – 2 × s)
= Exp(a + b × 1,170 – 2 × s)
= Exp(3.2675 + -0.0005 × 1,170 – 2 × 0.0298)
= Exp(2.6590)
= $14.28
September 18, 2024 calculations
Top border of price channel:
Exp(Y1,026)
= Exp(a + b × X1,026 + 2 × s)
= Exp(a + b × 1,491 + 2 × s)
= Exp(3.2675 + -0.0005 × 1,491 + 2 × 0.0298)
= Exp(2.6277)
= $13.84
Bottom border of price channel:
Exp(Y1,026)
= Exp(a + b × X1,026 – 2 × s)
= Exp(a + b × 1,491 – 2 × s)
= Exp(3.2675 + -0.0005 × 1,491 – 2 × 0.0298)
= Exp(2.5084)
= $12.29
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 15.74% per annum.
- APLE price at the close of August 18, 2025 was $12.23 and was higher than the top border of the primary price channel by $0.40 (3.35%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 3, 2025
End date: August 18, 2025
a = 1.3669
b = 0.0006
s = 0.0263
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 25.46%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0263) – 1
= 11.10%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,161)
= Exp(a + b × X1,161 + 2 × s)
= Exp(a + b × 1,688 + 2 × s)
= Exp(1.3669 + 0.0006 × 1,688 + 2 × 0.0263)
= Exp(2.4684)
= $11.80
Bottom border of price channel:
Exp(Y1,161)
= Exp(a + b × X1,161 – 2 × s)
= Exp(a + b × 1,688 – 2 × s)
= Exp(1.3669 + 0.0006 × 1,688 – 2 × 0.0263)
= Exp(2.3631)
= $10.62
August 18, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(1.3669 + 0.0006 × 1,825 + 2 × 0.0263)
= Exp(2.5535)
= $12.85
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(1.3669 + 0.0006 × 1,825 – 2 × 0.0263)
= Exp(2.4483)
= $11.57
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 25.46% per annum.
- APLE price at the close of August 18, 2025 was inside the secondary price channel.