Avis Budget Group Inc (CAR)
Avis Budget Group, Inc. is a leading global provider of rental vehicles, specializing in car and truck rentals, car sharing, and a range of ancillary services tailored for both business and consumer markets. Headquartered in Parsippany, New Jersey, the company operates a diverse portfolio of well-known brands including Avis, Budget, and Zipcar, positioning itself as a key player in the automotive mobility sector. With a focus on innovation and customer service, Avis Budget Group is strategically enhancing its fleet management and expanding its technological capabilities to adapt to evolving consumer needs and market trends.
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 51.34% per annum.
- CAR price at the close of February 13, 2026 was $118.35 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 45.10% per annum.
- CAR price at the close of February 13, 2026 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 CAR 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: August 27, 2025
End date: February 13, 2026
a = 8.3567
b = -0.0020
s = 0.0314
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0020) – 1
= -51.34%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0314) – 1
= 13.37%
August 27, 2025 calculations
Top border of price channel:
Exp(Y1,138)
= Exp(a + b × X1,138 + 2 × s)
= Exp(a + b × 1,653 + 2 × s)
= Exp(8.3567 + -0.0020 × 1,653 + 2 × 0.0314)
= Exp(5.1575)
= $173.73
Bottom border of price channel:
Exp(Y1,138)
= Exp(a + b × X1,138 – 2 × s)
= Exp(a + b × 1,653 – 2 × s)
= Exp(8.3567 + -0.0020 × 1,653 – 2 × 0.0314)
= Exp(5.0320)
= $153.24
February 13, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(8.3567 + -0.0020 × 1,823 + 2 × 0.0314)
= Exp(4.8220)
= $124.21
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(8.3567 + -0.0020 × 1,823 – 2 × 0.0314)
= Exp(4.6965)
= $109.57
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 51.34% per annum.
- CAR price at the close of February 13, 2026 was $118.35 and was inside the primary price channel.
Secondary Trend
Start date: October 29, 2025
End date: February 13, 2026
a = 7.7659
b = -0.0016
s = 0.0273
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -45.10%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0273) – 1
= 11.55%
October 29, 2025 calculations
Top border of price channel:
Exp(Y1,182)
= Exp(a + b × X1,182 + 2 × s)
= Exp(a + b × 1,716 + 2 × s)
= Exp(7.7659 + -0.0016 × 1,716 + 2 × 0.0273)
= Exp(5.0009)
= $148.55
Bottom border of price channel:
Exp(Y1,182)
= Exp(a + b × X1,182 – 2 × s)
= Exp(a + b × 1,716 – 2 × s)
= Exp(7.7659 + -0.0016 × 1,716 – 2 × 0.0273)
= Exp(4.8916)
= $133.17
February 13, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(7.7659 + -0.0016 × 1,823 + 2 × 0.0273)
= Exp(4.8251)
= $124.60
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(7.7659 + -0.0016 × 1,823 – 2 × 0.0273)
= Exp(4.7158)
= $111.70
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 45.10% per annum.
- CAR price at the close of February 13, 2026 was inside the secondary price channel.