BGC Group Inc. (BGC)
None
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 27.75% per annum.
- BGC price at the close of January 23, 2026 was $8.91 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 31.16% per annum.
- BGC price at the close of January 23, 2026 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 BGC 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: June 26, 2025
End date: January 20, 2026
a = 3.7721
b = -0.0009
s = 0.0302
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0009) – 1
= -27.75%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0302) – 1
= 12.84%
June 26, 2025 calculations
Top border of price channel:
Exp(Y1,110)
= Exp(a + b × X1,110 + 2 × s)
= Exp(a + b × 1,613 + 2 × s)
= Exp(3.7721 + -0.0009 × 1,613 + 2 × 0.0302)
= Exp(2.3959)
= $10.98
Bottom border of price channel:
Exp(Y1,110)
= Exp(a + b × X1,110 – 2 × s)
= Exp(a + b × 1,613 – 2 × s)
= Exp(3.7721 + -0.0009 × 1,613 – 2 × 0.0302)
= Exp(2.2751)
= $9.73
January 20, 2026 calculations
Top border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 + 2 × s)
= Exp(a + b × 1,821 + 2 × s)
= Exp(3.7721 + -0.0009 × 1,821 + 2 × 0.0302)
= Exp(2.2107)
= $9.12
Bottom border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 – 2 × s)
= Exp(a + b × 1,821 – 2 × s)
= Exp(3.7721 + -0.0009 × 1,821 – 2 × 0.0302)
= Exp(2.0899)
= $8.08
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 27.75% per annum.
- BGC price at the close of January 23, 2026 was $8.91 and was inside the primary price channel.
Secondary Trend
Start date: November 17, 2025
End date: January 23, 2026
a = 0.8495
b = 0.0007
s = 0.0179
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 31.16%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0179) – 1
= 7.44%
November 17, 2025 calculations
Top border of price channel:
Exp(Y1,210)
= Exp(a + b × X1,210 + 2 × s)
= Exp(a + b × 1,757 + 2 × s)
= Exp(0.8495 + 0.0007 × 1,757 + 2 × 0.0179)
= Exp(2.1911)
= $8.94
Bottom border of price channel:
Exp(Y1,210)
= Exp(a + b × X1,210 – 2 × s)
= Exp(a + b × 1,757 – 2 × s)
= Exp(0.8495 + 0.0007 × 1,757 – 2 × 0.0179)
= Exp(2.1193)
= $8.33
January 23, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(0.8495 + 0.0007 × 1,824 + 2 × 0.0179)
= Exp(2.2409)
= $9.40
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(0.8495 + 0.0007 × 1,824 – 2 × 0.0179)
= Exp(2.1691)
= $8.75
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 31.16% per annum.
- BGC price at the close of January 23, 2026 was inside the secondary price channel.