Caleres Inc (CAL)
Caleres, Inc. is engaged in the retail and wholesale of footwear in the United States, China, Canada, China, and Guam. The company is headquartered in St. Louis, Missouri.
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 59.39% per annum.
- CAL price at the close of August 14, 2025 was $14.59 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 68.55% per annum.
- CAL price at the close of August 14, 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 CAL 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: March 13, 2024
End date: August 14, 2025
a = 7.0434
b = -0.0025
s = 0.1387
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0025) – 1
= -59.39%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1387) – 1
= 74.14%
March 13, 2024 calculations
Top border of price channel:
Exp(Y898)
= Exp(a + b × X898 + 2 × s)
= Exp(a + b × 1,304 + 2 × s)
= Exp(7.0434 + -0.0025 × 1,304 + 2 × 0.1387)
= Exp(4.1014)
= $60.43
Bottom border of price channel:
Exp(Y898)
= Exp(a + b × X898 – 2 × s)
= Exp(a + b × 1,304 – 2 × s)
= Exp(7.0434 + -0.0025 × 1,304 – 2 × 0.1387)
= Exp(3.5468)
= $34.70
August 14, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(7.0434 + -0.0025 × 1,823 + 2 × 0.1387)
= Exp(2.8201)
= $16.78
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(7.0434 + -0.0025 × 1,823 – 2 × 0.1387)
= Exp(2.2655)
= $9.64
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 59.39% per annum.
- CAL price at the close of August 14, 2025 was $14.59 and was inside the primary price channel.
Secondary Trend
Start date: May 29, 2025
End date: August 14, 2025
a = 0.0652
b = 0.0014
s = 0.0534
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 68.55%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0534) – 1
= 23.80%
May 29, 2025 calculations
Top border of price channel:
Exp(Y1,201)
= Exp(a + b × X1,201 + 2 × s)
= Exp(a + b × 1,746 + 2 × s)
= Exp(0.0652 + 0.0014 × 1,746 + 2 × 0.0534)
= Exp(2.6692)
= $14.43
Bottom border of price channel:
Exp(Y1,201)
= Exp(a + b × X1,201 – 2 × s)
= Exp(a + b × 1,746 – 2 × s)
= Exp(0.0652 + 0.0014 × 1,746 – 2 × 0.0534)
= Exp(2.4557)
= $11.65
August 14, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(0.0652 + 0.0014 × 1,823 + 2 × 0.0534)
= Exp(2.7793)
= $16.11
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(0.0652 + 0.0014 × 1,823 – 2 × 0.0534)
= Exp(2.5658)
= $13.01
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 68.55% per annum.
- CAL price at the close of August 14, 2025 was inside the secondary price channel.