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 67.88% per annum.
- ATGE price at the close of November 28, 2025 was $92.56 and was lower than the bottom border of the primary price channel by $26.14 (22.02%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 98.14% per annum.
- ATGE price at the close of November 28, 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: December 16, 2022
End date: October 30, 2025
a = 2.3929
b = 0.0014
s = 0.1027
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 67.88%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1027) – 1
= 50.79%
December 16, 2022 calculations
Top border of price channel:
Exp(Y516)
= Exp(a + b × X516 + 2 × s)
= Exp(a + b × 746 + 2 × s)
= Exp(2.3929 + 0.0014 × 746 + 2 × 0.1027)
= Exp(3.6571)
= $38.75
Bottom border of price channel:
Exp(Y516)
= Exp(a + b × X516 – 2 × s)
= Exp(a + b × 746 – 2 × s)
= Exp(2.3929 + 0.0014 × 746 – 2 × 0.1027)
= Exp(3.2464)
= $25.70
October 30, 2025 calculations
Top border of price channel:
Exp(Y1,235)
= Exp(a + b × X1,235 + 2 × s)
= Exp(a + b × 1,795 + 2 × s)
= Exp(2.3929 + 0.0014 × 1,795 + 2 × 0.1027)
= Exp(5.1462)
= $171.77
Bottom border of price channel:
Exp(Y1,235)
= Exp(a + b × X1,235 – 2 × s)
= Exp(a + b × 1,795 – 2 × s)
= Exp(2.3929 + 0.0014 × 1,795 – 2 × 0.1027)
= Exp(4.7355)
= $113.92
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 67.88% per annum.
- ATGE price at the close of November 28, 2025 was $92.56 and was lower than the bottom border of the primary price channel by $26.14 (22.02%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: September 26, 2025
End date: November 28, 2025
a = 24.3809
b = -0.0109
s = 0.1149
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0109) – 1
= -98.14%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1149) – 1
= 58.34%
September 26, 2025 calculations
Top border of price channel:
Exp(Y1,211)
= Exp(a + b × X1,211 + 2 × s)
= Exp(a + b × 1,761 + 2 × s)
= Exp(24.3809 + -0.0109 × 1,761 + 2 × 0.1149)
= Exp(5.3779)
= $216.56
Bottom border of price channel:
Exp(Y1,211)
= Exp(a + b × X1,211 – 2 × s)
= Exp(a + b × 1,761 – 2 × s)
= Exp(24.3809 + -0.0109 × 1,761 – 2 × 0.1149)
= Exp(4.9183)
= $136.77
November 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(24.3809 + -0.0109 × 1,824 + 2 × 0.1149)
= Exp(4.6898)
= $108.83
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(24.3809 + -0.0109 × 1,824 – 2 × 0.1149)
= Exp(4.2303)
= $68.73
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 98.14% per annum.
- ATGE price at the close of November 28, 2025 was inside the secondary price channel.