Apogee Enterprises Inc (APOG)
Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company is headquartered in Minneapolis, Minnesota.
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 75.10% per annum.
- APOG price at the close of April 29, 2025 was $40.38 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 53.28% per annum.
- APOG price at the close of April 29, 2025 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 APOG 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: October 4, 2024
End date: April 29, 2025
a = 10.6543
b = -0.0038
s = 0.0914
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0038) – 1
= -75.10%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0914) – 1
= 44.16%
October 4, 2024 calculations
Top border of price channel:
Exp(Y1,115)
= Exp(a + b × X1,115 + 2 × s)
= Exp(a + b × 1,618 + 2 × s)
= Exp(10.6543 + -0.0038 × 1,618 + 2 × 0.0914)
= Exp(4.6733)
= $107.05
Bottom border of price channel:
Exp(Y1,115)
= Exp(a + b × X1,115 – 2 × s)
= Exp(a + b × 1,618 – 2 × s)
= Exp(10.6543 + -0.0038 × 1,618 – 2 × 0.0914)
= Exp(4.3075)
= $74.26
April 29, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(10.6543 + -0.0038 × 1,825 + 2 × 0.0914)
= Exp(3.8847)
= $48.65
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(10.6543 + -0.0038 × 1,825 – 2 × 0.0914)
= Exp(3.5189)
= $33.75
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 75.10% per annum.
- APOG price at the close of April 29, 2025 was $40.38 and was inside the primary price channel.
Secondary Trend
Start date: January 8, 2025
End date: April 29, 2025
a = 7.5678
b = -0.0021
s = 0.0352
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0021) – 1
= -53.28%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0352) – 1
= 15.10%
January 8, 2025 calculations
Top border of price channel:
Exp(Y1,180)
= Exp(a + b × X1,180 + 2 × s)
= Exp(a + b × 1,714 + 2 × s)
= Exp(7.5678 + -0.0021 × 1,714 + 2 × 0.0352)
= Exp(4.0646)
= $58.24
Bottom border of price channel:
Exp(Y1,180)
= Exp(a + b × X1,180 – 2 × s)
= Exp(a + b × 1,714 – 2 × s)
= Exp(7.5678 + -0.0021 × 1,714 – 2 × 0.0352)
= Exp(3.9240)
= $50.60
April 29, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(7.5678 + -0.0021 × 1,825 + 2 × 0.0352)
= Exp(3.8332)
= $46.21
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.5678 + -0.0021 × 1,825 – 2 × 0.0352)
= Exp(3.6925)
= $40.15
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 53.28% per annum.
- APOG price at the close of April 29, 2025 was inside the secondary price channel.