CNO Financial Group Inc (CNO)
CNO Financial Group, Inc. develops, markets, and manages health insurance, annuities, individual life insurance, and other insurance products for the middle-income and senior markets in the United States. The company is headquartered in Carmel, Indiana.
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 40.41% per annum.
- CNO price at the close of July 9, 2025 was $36.75 and was lower than the bottom border of the primary price channel by $1.56 (4.08%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 17.78% per annum.
- CNO price at the close of July 9, 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 CNO 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, 2023
End date: May 20, 2025
a = 2.0665
b = 0.0009
s = 0.0589
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0009) – 1
= 40.41%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0589) – 1
= 26.56%
March 13, 2023 calculations
Top border of price channel:
Exp(Y672)
= Exp(a + b × X672 + 2 × s)
= Exp(a + b × 976 + 2 × s)
= Exp(2.0665 + 0.0009 × 976 + 2 × 0.0589)
= Exp(3.0919)
= $22.02
Bottom border of price channel:
Exp(Y672)
= Exp(a + b × X672 – 2 × s)
= Exp(a + b × 976 – 2 × s)
= Exp(2.0665 + 0.0009 × 976 – 2 × 0.0589)
= Exp(2.8563)
= $17.40
May 20, 2025 calculations
Top border of price channel:
Exp(Y1,221)
= Exp(a + b × X1,221 + 2 × s)
= Exp(a + b × 1,775 + 2 × s)
= Exp(2.0665 + 0.0009 × 1,775 + 2 × 0.0589)
= Exp(3.8348)
= $46.29
Bottom border of price channel:
Exp(Y1,221)
= Exp(a + b × X1,221 – 2 × s)
= Exp(a + b × 1,775 – 2 × s)
= Exp(2.0665 + 0.0009 × 1,775 – 2 × 0.0589)
= Exp(3.5993)
= $36.57
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 40.41% per annum.
- CNO price at the close of July 9, 2025 was $36.75 and was lower than the bottom border of the primary price channel by $1.56 (4.08%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: January 27, 2025
End date: July 9, 2025
a = 4.5947
b = -0.0005
s = 0.0309
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -17.78%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0309) – 1
= 13.16%
January 27, 2025 calculations
Top border of price channel:
Exp(Y1,142)
= Exp(a + b × X1,142 + 2 × s)
= Exp(a + b × 1,662 + 2 × s)
= Exp(4.5947 + -0.0005 × 1,662 + 2 × 0.0309)
= Exp(3.7650)
= $43.16
Bottom border of price channel:
Exp(Y1,142)
= Exp(a + b × X1,142 – 2 × s)
= Exp(a + b × 1,662 – 2 × s)
= Exp(4.5947 + -0.0005 × 1,662 – 2 × 0.0309)
= Exp(3.6413)
= $38.14
July 9, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(4.5947 + -0.0005 × 1,825 + 2 × 0.0309)
= Exp(3.6775)
= $39.55
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.5947 + -0.0005 × 1,825 – 2 × 0.0309)
= Exp(3.5539)
= $34.95
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 17.78% per annum.
- CNO price at the close of July 9, 2025 was inside the secondary price channel.