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 32.17% per annum.
- CBOE price at the close of November 7, 2025 was $256.62 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 21.38% per annum.
- CBOE price at the close of November 7, 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 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 22, 2022
End date: December 6, 2024
a = 4.2208
b = 0.0008
s = 0.0514
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 32.17%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0514) – 1
= 22.82%
April 22, 2022 calculations
Top border of price channel:
Exp(Y364)
= Exp(a + b × X364 + 2 × s)
= Exp(a + b × 528 + 2 × s)
= Exp(4.2208 + 0.0008 × 528 + 2 × 0.0514)
= Exp(4.7270)
= $112.96
Bottom border of price channel:
Exp(Y364)
= Exp(a + b × X364 – 2 × s)
= Exp(a + b × 528 – 2 × s)
= Exp(4.2208 + 0.0008 × 528 – 2 × 0.0514)
= Exp(4.5215)
= $91.97
December 6, 2024 calculations
Top border of price channel:
Exp(Y1,024)
= Exp(a + b × X1,024 + 2 × s)
= Exp(a + b × 1,487 + 2 × s)
= Exp(4.2208 + 0.0008 × 1,487 + 2 × 0.0514)
= Exp(5.4598)
= $235.05
Bottom border of price channel:
Exp(Y1,024)
= Exp(a + b × X1,024 – 2 × s)
= Exp(a + b × 1,487 – 2 × s)
= Exp(4.2208 + 0.0008 × 1,487 – 2 × 0.0514)
= Exp(5.2542)
= $191.37
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 32.17% per annum.
- CBOE price at the close of November 7, 2025 was $256.62 and was inside the primary price channel.
Secondary Trend
Start date: October 4, 2023
End date: November 6, 2025
a = 4.5296
b = 0.0005
s = 0.0459
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 21.38%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0459) – 1
= 20.13%
October 4, 2023 calculations
Top border of price channel:
Exp(Y728)
= Exp(a + b × X728 + 2 × s)
= Exp(a + b × 1,058 + 2 × s)
= Exp(4.5296 + 0.0005 × 1,058 + 2 × 0.0459)
= Exp(5.1831)
= $178.23
Bottom border of price channel:
Exp(Y728)
= Exp(a + b × X728 – 2 × s)
= Exp(a + b × 1,058 – 2 × s)
= Exp(4.5296 + 0.0005 × 1,058 – 2 × 0.0459)
= Exp(4.9996)
= $148.36
November 6, 2025 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(4.5296 + 0.0005 × 1,822 + 2 × 0.0459)
= Exp(5.5887)
= $267.38
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(4.5296 + 0.0005 × 1,822 – 2 × 0.0459)
= Exp(5.4052)
= $222.57
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 21.38% per annum.
- CBOE price at the close of November 7, 2025 was inside the secondary price channel.