Chemed Corp (CHE)
Chemed Corporation (CHE) is a leading provider of hospice and palliative care services in the United States, dedicated to enhancing the quality of life for patients with terminal illnesses. Leveraging a comprehensive network of medical professionals, including physicians, registered nurses, and social workers, Chemed offers compassionate care that addresses both medical and emotional needs. Headquartered in Cincinnati, Ohio, the company is committed to delivering personalized care plans that respect the wishes of patients and their families, solidifying its position as a trusted leader in the hospice industry. Additionally, Chemed's strategic focus on operational excellence and quality improvement ensures sustainable growth and value for its stakeholders.
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 15.57% per annum.
- CHE price at the close of March 13, 2026 was $401.87 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 30.50% per annum.
- CHE price at the close of March 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 CHE 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: January 16, 2024
End date: March 13, 2026
a = 6.9252
b = -0.0005
s = 0.0734
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -15.57%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0734) – 1
= 34.14%
January 16, 2024 calculations
Top border of price channel:
Exp(Y713)
= Exp(a + b × X713 + 2 × s)
= Exp(a + b × 1,036 + 2 × s)
= Exp(6.9252 + -0.0005 × 1,036 + 2 × 0.0734)
= Exp(6.5915)
= $728.88
Bottom border of price channel:
Exp(Y713)
= Exp(a + b × X713 – 2 × s)
= Exp(a + b × 1,036 – 2 × s)
= Exp(6.9252 + -0.0005 × 1,036 – 2 × 0.0734)
= Exp(6.2978)
= $543.39
March 13, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(6.9252 + -0.0005 × 1,823 + 2 × 0.0734)
= Exp(6.2265)
= $505.96
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(6.9252 + -0.0005 × 1,823 – 2 × 0.0734)
= Exp(5.9328)
= $377.20
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 15.57% per annum.
- CHE price at the close of March 13, 2026 was $401.87 and was inside the primary price channel.
Secondary Trend
Start date: February 27, 2025
End date: March 13, 2026
a = 7.8041
b = -0.0010
s = 0.0685
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0010) – 1
= -30.50%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0685) – 1
= 31.52%
February 27, 2025 calculations
Top border of price channel:
Exp(Y993)
= Exp(a + b × X993 + 2 × s)
= Exp(a + b × 1,444 + 2 × s)
= Exp(7.8041 + -0.0010 × 1,444 + 2 × 0.0685)
= Exp(6.5018)
= $666.33
Bottom border of price channel:
Exp(Y993)
= Exp(a + b × X993 – 2 × s)
= Exp(a + b × 1,444 – 2 × s)
= Exp(7.8041 + -0.0010 × 1,444 – 2 × 0.0685)
= Exp(6.2278)
= $506.63
March 13, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(7.8041 + -0.0010 × 1,823 + 2 × 0.0685)
= Exp(6.1240)
= $456.69
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(7.8041 + -0.0010 × 1,823 – 2 × 0.0685)
= Exp(5.8500)
= $347.24
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 30.50% per annum.
- CHE price at the close of March 13, 2026 was inside the secondary price channel.