Adtalem Global Education Inc (ATGE)
Adtalem Global Education Inc. provides educational services worldwide. The company is headquartered in Chicago, Illinois.
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 103.45% per annum.
- ATGE price at the close of June 18, 2025 was $124.50 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 58.46% per annum.
- ATGE price at the close of June 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 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: January 30, 2024
End date: June 18, 2025
a = 1.3017
b = 0.0019
s = 0.0759
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0019) – 1
= 103.45%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0759) – 1
= 35.50%
January 30, 2024 calculations
Top border of price channel:
Exp(Y907)
= Exp(a + b × X907 + 2 × s)
= Exp(a + b × 1,317 + 2 × s)
= Exp(1.3017 + 0.0019 × 1,317 + 2 × 0.0759)
= Exp(4.0163)
= $55.50
Bottom border of price channel:
Exp(Y907)
= Exp(a + b × X907 – 2 × s)
= Exp(a + b × 1,317 – 2 × s)
= Exp(1.3017 + 0.0019 × 1,317 – 2 × 0.0759)
= Exp(3.7125)
= $40.96
June 18, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(1.3017 + 0.0019 × 1,822 + 2 × 0.0759)
= Exp(4.9989)
= $148.26
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(1.3017 + 0.0019 × 1,822 – 2 × 0.0759)
= Exp(4.6952)
= $109.42
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 103.45% per annum.
- ATGE price at the close of June 18, 2025 was $124.50 and was inside the primary price channel.
Secondary Trend
Start date: May 9, 2025
End date: June 18, 2025
a = 9.1922
b = -0.0024
s = 0.0253
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0024) – 1
= -58.46%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0253) – 1
= 10.66%
May 9, 2025 calculations
Top border of price channel:
Exp(Y1,227)
= Exp(a + b × X1,227 + 2 × s)
= Exp(a + b × 1,782 + 2 × s)
= Exp(9.1922 + -0.0024 × 1,782 + 2 × 0.0253)
= Exp(4.9537)
= $141.70
Bottom border of price channel:
Exp(Y1,227)
= Exp(a + b × X1,227 – 2 × s)
= Exp(a + b × 1,782 – 2 × s)
= Exp(9.1922 + -0.0024 × 1,782 – 2 × 0.0253)
= Exp(4.8524)
= $128.05
June 18, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(9.1922 + -0.0024 × 1,822 + 2 × 0.0253)
= Exp(4.8574)
= $128.69
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(9.1922 + -0.0024 × 1,822 – 2 × 0.0253)
= Exp(4.7561)
= $116.29
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 58.46% per annum.
- ATGE price at the close of June 18, 2025 was inside the secondary price channel.