Camden Property Trust (CPT)
Camden Property Trust, an S&P 400 company, is a real estate company primarily engaged in the ownership, management, development, remodeling, acquisition, and construction of multi-family apartment communities.
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 35.95% per annum.
- CPT price at the close of August 21, 2025 was $108.02 and was lower than the bottom border of the primary price channel by $28.17 (20.68%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 5.41% per annum.
- CPT price at the close of August 21, 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 CPT 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: September 11, 2023
End date: December 17, 2024
a = 3.4770
b = 0.0008
s = 0.0484
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 35.95%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0484) – 1
= 21.37%
September 11, 2023 calculations
Top border of price channel:
Exp(Y766)
= Exp(a + b × X766 + 2 × s)
= Exp(a + b × 1,113 + 2 × s)
= Exp(3.4770 + 0.0008 × 1,113 + 2 × 0.0484)
= Exp(4.5103)
= $90.95
Bottom border of price channel:
Exp(Y766)
= Exp(a + b × X766 – 2 × s)
= Exp(a + b × 1,113 – 2 × s)
= Exp(3.4770 + 0.0008 × 1,113 – 2 × 0.0484)
= Exp(4.3166)
= $74.94
December 17, 2024 calculations
Top border of price channel:
Exp(Y1,086)
= Exp(a + b × X1,086 + 2 × s)
= Exp(a + b × 1,576 + 2 × s)
= Exp(3.4770 + 0.0008 × 1,576 + 2 × 0.0484)
= Exp(4.8999)
= $134.28
Bottom border of price channel:
Exp(Y1,086)
= Exp(a + b × X1,086 – 2 × s)
= Exp(a + b × 1,576 – 2 × s)
= Exp(3.4770 + 0.0008 × 1,576 – 2 × 0.0484)
= Exp(4.7062)
= $110.63
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 35.95% per annum.
- CPT price at the close of August 21, 2025 was $108.02 and was lower than the bottom border of the primary price channel by $28.17 (20.68%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: August 6, 2024
End date: August 21, 2025
a = 4.9956
b = -0.0002
s = 0.0320
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0002) – 1
= -5.41%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0320) – 1
= 13.64%
August 6, 2024 calculations
Top border of price channel:
Exp(Y993)
= Exp(a + b × X993 + 2 × s)
= Exp(a + b × 1,443 + 2 × s)
= Exp(4.9956 + -0.0002 × 1,443 + 2 × 0.0320)
= Exp(4.8397)
= $126.43
Bottom border of price channel:
Exp(Y993)
= Exp(a + b × X993 – 2 × s)
= Exp(a + b × 1,443 – 2 × s)
= Exp(4.9956 + -0.0002 × 1,443 – 2 × 0.0320)
= Exp(4.7118)
= $111.25
August 21, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(4.9956 + -0.0002 × 1,823 + 2 × 0.0320)
= Exp(4.7818)
= $119.32
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(4.9956 + -0.0002 × 1,823 – 2 × 0.0320)
= Exp(4.6539)
= $104.99
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 5.41% per annum.
- CPT price at the close of August 21, 2025 was inside the secondary price channel.