Cboe Global Markets Inc (CBOE)
Cboe Global Markets is an American company that owns the Chicago Board Options Exchange and the stock exchange operator BATS Global Markets.
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 28.46% per annum.
- CBOE price at the close of January 2, 2026 was $248.11 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 21.89% per annum.
- CBOE price at the close of January 2, 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 CBOE 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: April 21, 2022
End date: December 30, 2025
a = 4.3253
b = 0.0007
s = 0.0517
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 28.46%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0517) – 1
= 22.98%
April 21, 2022 calculations
Top border of price channel:
Exp(Y327)
= Exp(a + b × X327 + 2 × s)
= Exp(a + b × 472 + 2 × s)
= Exp(4.3253 + 0.0007 × 472 + 2 × 0.0517)
= Exp(4.7525)
= $115.88
Bottom border of price channel:
Exp(Y327)
= Exp(a + b × X327 – 2 × s)
= Exp(a + b × 472 – 2 × s)
= Exp(4.3253 + 0.0007 × 472 – 2 × 0.0517)
= Exp(4.5457)
= $94.23
December 30, 2025 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,821 + 2 × s)
= Exp(4.3253 + 0.0007 × 1,821 + 2 × 0.0517)
= Exp(5.6781)
= $292.40
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,821 – 2 × s)
= Exp(4.3253 + 0.0007 × 1,821 – 2 × 0.0517)
= Exp(5.4713)
= $237.77
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 28.46% per annum.
- CBOE price at the close of January 2, 2026 was $248.11 and was inside the primary price channel.
Secondary Trend
Start date: October 6, 2023
End date: January 2, 2026
a = 4.5418
b = 0.0005
s = 0.0451
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 21.89%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0451) – 1
= 19.75%
October 6, 2023 calculations
Top border of price channel:
Exp(Y694)
= Exp(a + b × X694 + 2 × s)
= Exp(a + b × 1,005 + 2 × s)
= Exp(4.5418 + 0.0005 × 1,005 + 2 × 0.0451)
= Exp(5.1771)
= $177.16
Bottom border of price channel:
Exp(Y694)
= Exp(a + b × X694 – 2 × s)
= Exp(a + b × 1,005 – 2 × s)
= Exp(4.5418 + 0.0005 × 1,005 – 2 × 0.0451)
= Exp(4.9968)
= $147.94
January 2, 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(4.5418 + 0.0005 × 1,824 + 2 × 0.0451)
= Exp(5.6213)
= $276.26
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(4.5418 + 0.0005 × 1,824 – 2 × 0.0451)
= Exp(5.4410)
= $230.68
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 21.89% per annum.
- CBOE price at the close of January 2, 2026 was inside the secondary price channel.