CACI International Inc (CACI)
CACI International Inc, provides information solutions and services in North America and internationally. The company is headquartered in Arlington, Virginia.
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 72.66% per annum.
- CACI price at the close of July 26, 2024 was $449.03 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 28.45% per annum.
- CACI price at the close of July 26, 2024 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 CACI 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: November 16, 2023
End date: July 26, 2024
a = 3.3870
b = 0.0015
s = 0.0280
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 72.66%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0280) – 1
= 11.87%
November 16, 2023 calculations
Top border of price channel:
Exp(Y1,085)
= Exp(a + b × X1,085 + 2 × s)
= Exp(a + b × 1,571 + 2 × s)
= Exp(3.3870 + 0.0015 × 1,571 + 2 × 0.0280)
= Exp(5.7938)
= $328.27
Bottom border of price channel:
Exp(Y1,085)
= Exp(a + b × X1,085 – 2 × s)
= Exp(a + b × 1,571 – 2 × s)
= Exp(3.3870 + 0.0015 × 1,571 – 2 × 0.0280)
= Exp(5.6817)
= $293.44
July 26, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(3.3870 + 0.0015 × 1,824 + 2 × 0.0280)
= Exp(6.1724)
= $479.34
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(3.3870 + 0.0015 × 1,824 – 2 × 0.0280)
= Exp(6.0603)
= $428.49
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 72.66% per annum.
- CACI price at the close of July 26, 2024 was $449.03 and was inside the primary price channel.
Secondary Trend
Start date: May 2, 2024
End date: July 26, 2024
a = 4.8411
b = 0.0007
s = 0.0149
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 28.45%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0149) – 1
= 6.15%
May 2, 2024 calculations
Top border of price channel:
Exp(Y1,199)
= Exp(a + b × X1,199 + 2 × s)
= Exp(a + b × 1,739 + 2 × s)
= Exp(4.8411 + 0.0007 × 1,739 + 2 × 0.0149)
= Exp(6.0639)
= $430.03
Bottom border of price channel:
Exp(Y1,199)
= Exp(a + b × X1,199 – 2 × s)
= Exp(a + b × 1,739 – 2 × s)
= Exp(4.8411 + 0.0007 × 1,739 – 2 × 0.0149)
= Exp(6.0041)
= $405.10
July 26, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(4.8411 + 0.0007 × 1,824 + 2 × 0.0149)
= Exp(6.1222)
= $455.85
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(4.8411 + 0.0007 × 1,824 – 2 × 0.0149)
= Exp(6.0625)
= $429.43
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 28.45% per annum.
- CACI price at the close of July 26, 2024 was inside the secondary price channel.