Central Pacific Financial Corp (CPF)
Central Pacific Financial Corp. The company is headquartered in Honolulu, Hawaii.
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 58.33% per annum.
- CPF price at the close of April 29, 2025 was $25.97 and was lower than the bottom border of the primary price channel by $2.45 (8.62%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 34.22% per annum.
- CPF price at the close of April 29, 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 CPF 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 14, 2023
End date: March 5, 2025
a = 1.2030
b = 0.0013
s = 0.0767
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0013) – 1
= 58.33%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0767) – 1
= 35.92%
April 14, 2023 calculations
Top border of price channel:
Exp(Y744)
= Exp(a + b × X744 + 2 × s)
= Exp(a + b × 1,079 + 2 × s)
= Exp(1.2030 + 0.0013 × 1,079 + 2 × 0.0767)
= Exp(2.7148)
= $15.10
Bottom border of price channel:
Exp(Y744)
= Exp(a + b × X744 – 2 × s)
= Exp(a + b × 1,079 – 2 × s)
= Exp(1.2030 + 0.0013 × 1,079 – 2 × 0.0767)
= Exp(2.4080)
= $11.11
March 5, 2025 calculations
Top border of price channel:
Exp(Y1,217)
= Exp(a + b × X1,217 + 2 × s)
= Exp(a + b × 1,770 + 2 × s)
= Exp(1.2030 + 0.0013 × 1,770 + 2 × 0.0767)
= Exp(3.5847)
= $36.04
Bottom border of price channel:
Exp(Y1,217)
= Exp(a + b × X1,217 – 2 × s)
= Exp(a + b × 1,770 – 2 × s)
= Exp(1.2030 + 0.0013 × 1,770 – 2 × 0.0767)
= Exp(3.2779)
= $26.52
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 58.33% per annum.
- CPF price at the close of April 29, 2025 was $25.97 and was lower than the bottom border of the primary price channel by $2.45 (8.62%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 6, 2024
End date: April 29, 2025
a = 5.3351
b = -0.0011
s = 0.0413
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0011) – 1
= -34.22%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0413) – 1
= 17.96%
November 6, 2024 calculations
Top border of price channel:
Exp(Y1,138)
= Exp(a + b × X1,138 + 2 × s)
= Exp(a + b × 1,651 + 2 × s)
= Exp(5.3351 + -0.0011 × 1,651 + 2 × 0.0413)
= Exp(3.5228)
= $33.88
Bottom border of price channel:
Exp(Y1,138)
= Exp(a + b × X1,138 – 2 × s)
= Exp(a + b × 1,651 – 2 × s)
= Exp(5.3351 + -0.0011 × 1,651 – 2 × 0.0413)
= Exp(3.3576)
= $28.72
April 29, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(5.3351 + -0.0011 × 1,825 + 2 × 0.0413)
= Exp(3.3231)
= $27.75
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.3351 + -0.0011 × 1,825 – 2 × 0.0413)
= Exp(3.1579)
= $23.52
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 34.22% per annum.
- CPF price at the close of April 29, 2025 was inside the secondary price channel.