Adtalem Global Education Inc (ATGE)
Adtalem Global Education Inc. (ATGE) is a prominent provider of educational services, specializing in workforce development and career-oriented programs across various sectors. Headquartered in Chicago, Illinois, the company offers a diverse portfolio of institutions that cater to the evolving needs of students and employers alike, with a focus on healthcare, business, and technology education. Through its commitment to fostering inclusive learning environments and career readiness, Adtalem is positioned to play a vital role in shaping the future workforce globally.
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 71.81% per annum.
- ATGE price at the close of November 19, 2025 was $95.80 and was lower than the bottom border of the primary price channel by $25.31 (20.90%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 98.37% per annum.
- ATGE price at the close of November 19, 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 ATGE 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: February 28, 2023
End date: October 30, 2025
a = 2.2856
b = 0.0015
s = 0.0975
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 71.81%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0975) – 1
= 47.69%
February 28, 2023 calculations
Top border of price channel:
Exp(Y569)
= Exp(a + b × X569 + 2 × s)
= Exp(a + b × 830 + 2 × s)
= Exp(2.2856 + 0.0015 × 830 + 2 × 0.0975)
= Exp(3.7113)
= $40.91
Bottom border of price channel:
Exp(Y569)
= Exp(a + b × X569 – 2 × s)
= Exp(a + b × 830 – 2 × s)
= Exp(2.2856 + 0.0015 × 830 – 2 × 0.0975)
= Exp(3.3213)
= $27.70
October 30, 2025 calculations
Top border of price channel:
Exp(Y1,240)
= Exp(a + b × X1,240 + 2 × s)
= Exp(a + b × 1,805 + 2 × s)
= Exp(2.2856 + 0.0015 × 1,805 + 2 × 0.0975)
= Exp(5.1570)
= $173.63
Bottom border of price channel:
Exp(Y1,240)
= Exp(a + b × X1,240 – 2 × s)
= Exp(a + b × 1,805 – 2 × s)
= Exp(2.2856 + 0.0015 × 1,805 – 2 × 0.0975)
= Exp(4.7670)
= $117.57
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 71.81% per annum.
- ATGE price at the close of November 19, 2025 was $95.80 and was lower than the bottom border of the primary price channel by $25.31 (20.90%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: September 26, 2025
End date: November 19, 2025
a = 25.1344
b = -0.0113
s = 0.1229
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0113) – 1
= -98.37%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1229) – 1
= 63.52%
September 26, 2025 calculations
Top border of price channel:
Exp(Y1,216)
= Exp(a + b × X1,216 + 2 × s)
= Exp(a + b × 1,771 + 2 × s)
= Exp(25.1344 + -0.0113 × 1,771 + 2 × 0.1229)
= Exp(5.4013)
= $221.70
Bottom border of price channel:
Exp(Y1,216)
= Exp(a + b × X1,216 – 2 × s)
= Exp(a + b × 1,771 – 2 × s)
= Exp(25.1344 + -0.0113 × 1,771 – 2 × 0.1229)
= Exp(4.9095)
= $135.58
November 19, 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(25.1344 + -0.0113 × 1,825 + 2 × 0.1229)
= Exp(4.7921)
= $120.56
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(25.1344 + -0.0113 × 1,825 – 2 × 0.1229)
= Exp(4.3004)
= $73.73
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 98.37% per annum.
- ATGE price at the close of November 19, 2025 was inside the secondary price channel.