Cable One Inc (CABO)
Cable One, Inc., provides voice, video and data services in the United States. The company is headquartered in Phoenix, Arizona.
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 42.66% per annum.
- CABO price at the close of April 29, 2025 was $272.04 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 33.15% per annum.
- CABO 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 CABO 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 18, 2021
End date: October 14, 2024
a = 8.2100
b = -0.0015
s = 0.1110
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0015) – 1
= -42.66%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1110) – 1
= 55.87%
June 18, 2021 calculations
Top border of price channel:
Exp(Y286)
= Exp(a + b × X286 + 2 × s)
= Exp(a + b × 414 + 2 × s)
= Exp(8.2100 + -0.0015 × 414 + 2 × 0.1110)
= Exp(7.8010)
= $2,443.05
Bottom border of price channel:
Exp(Y286)
= Exp(a + b × X286 – 2 × s)
= Exp(a + b × 414 – 2 × s)
= Exp(8.2100 + -0.0015 × 414 – 2 × 0.1110)
= Exp(7.3571)
= $1,567.35
October 14, 2024 calculations
Top border of price channel:
Exp(Y1,121)
= Exp(a + b × X1,121 + 2 × s)
= Exp(a + b × 1,628 + 2 × s)
= Exp(8.2100 + -0.0015 × 1,628 + 2 × 0.1110)
= Exp(5.9509)
= $384.10
Bottom border of price channel:
Exp(Y1,121)
= Exp(a + b × X1,121 – 2 × s)
= Exp(a + b × 1,628 – 2 × s)
= Exp(8.2100 + -0.0015 × 1,628 – 2 × 0.1110)
= Exp(5.5070)
= $246.42
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 42.66% per annum.
- CABO price at the close of April 29, 2025 was $272.04 and was inside the primary price channel.
Secondary Trend
Start date: September 23, 2022
End date: February 24, 2025
a = 7.6631
b = -0.0011
s = 0.0963
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0011) – 1
= -33.15%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0963) – 1
= 46.99%
September 23, 2022 calculations
Top border of price channel:
Exp(Y605)
= Exp(a + b × X605 + 2 × s)
= Exp(a + b × 876 + 2 × s)
= Exp(7.6631 + -0.0011 × 876 + 2 × 0.0963)
= Exp(6.8890)
= $981.47
Bottom border of price channel:
Exp(Y605)
= Exp(a + b × X605 – 2 × s)
= Exp(a + b × 876 – 2 × s)
= Exp(7.6631 + -0.0011 × 876 – 2 × 0.0963)
= Exp(6.5039)
= $667.73
February 24, 2025 calculations
Top border of price channel:
Exp(Y1,210)
= Exp(a + b × X1,210 + 2 × s)
= Exp(a + b × 1,761 + 2 × s)
= Exp(7.6631 + -0.0011 × 1,761 + 2 × 0.0963)
= Exp(5.9125)
= $369.62
Bottom border of price channel:
Exp(Y1,210)
= Exp(a + b × X1,210 – 2 × s)
= Exp(a + b × 1,761 – 2 × s)
= Exp(7.6631 + -0.0011 × 1,761 – 2 × 0.0963)
= Exp(5.5273)
= $251.47
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 33.15% per annum.
- CABO price at the close of April 29, 2025 was inside the secondary price channel.