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 43.89% per annum.
- APLE price at the close of July 3, 2025 was $12.12 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 11.66% per annum.
- APLE price at the close of July 3, 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 6, 2024
End date: June 30, 2025
a = 5.2819
b = -0.0016
s = 0.0516
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -43.89%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0516) – 1
= 22.93%
November 6, 2024 calculations
Top border of price channel:
Exp(Y1,093)
= Exp(a + b × X1,093 + 2 × s)
= Exp(a + b × 1,584 + 2 × s)
= Exp(5.2819 + -0.0016 × 1,584 + 2 × 0.0516)
= Exp(2.8773)
= $17.77
Bottom border of price channel:
Exp(Y1,093)
= Exp(a + b × X1,093 – 2 × s)
= Exp(a + b × 1,584 – 2 × s)
= Exp(5.2819 + -0.0016 × 1,584 – 2 × 0.0516)
= Exp(2.6709)
= $14.45
June 30, 2025 calculations
Top border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 + 2 × s)
= Exp(a + b × 1,820 + 2 × s)
= Exp(5.2819 + -0.0016 × 1,820 + 2 × 0.0516)
= Exp(2.5037)
= $12.23
Bottom border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 – 2 × s)
= Exp(a + b × 1,820 – 2 × s)
= Exp(5.2819 + -0.0016 × 1,820 – 2 × 0.0516)
= Exp(2.2972)
= $9.95
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 43.89% per annum.
- APLE price at the close of July 3, 2025 was $12.12 and was inside the primary price channel.
Secondary Trend
Start date: April 10, 2025
End date: July 3, 2025
a = 1.9120
b = 0.0003
s = 0.0192
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 11.66%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0192) – 1
= 7.97%
April 10, 2025 calculations
Top border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 + 2 × s)
= Exp(a + b × 1,739 + 2 × s)
= Exp(1.9120 + 0.0003 × 1,739 + 2 × 0.0192)
= Exp(2.4758)
= $11.89
Bottom border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 – 2 × s)
= Exp(a + b × 1,739 – 2 × s)
= Exp(1.9120 + 0.0003 × 1,739 – 2 × 0.0192)
= Exp(2.3991)
= $11.01
July 3, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(1.9120 + 0.0003 × 1,823 + 2 × 0.0192)
= Exp(2.5012)
= $12.20
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(1.9120 + 0.0003 × 1,823 – 2 × 0.0192)
= Exp(2.4245)
= $11.30
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 11.66% per annum.
- APLE price at the close of July 3, 2025 was inside the secondary price channel.