Camden Property Trust (CPT)
Camden Property Trust (CPT) is a leading real estate investment trust (REIT) specializing in the ownership, management, and development of high-quality multifamily apartment communities across the United States. As a part of the S&P 400, the company is committed to enhancing its portfolio through strategic acquisitions and value-adding renovations, while maintaining a focus on sustainable development practices. With a strong operational framework and a robust pipeline of projects, Camden offers institutional investors a compelling opportunity in the growing multifamily sector.
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 12.40% per annum.
- CPT price at the close of February 23, 2026 was $108.20 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 7.17% per annum.
- CPT price at the close of February 23, 2026 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: March 9, 2023
End date: July 30, 2025
a = 4.2419
b = 0.0003
s = 0.0753
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 12.40%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0753) – 1
= 35.13%
March 9, 2023 calculations
Top border of price channel:
Exp(Y513)
= Exp(a + b × X513 + 2 × s)
= Exp(a + b × 743 + 2 × s)
= Exp(4.2419 + 0.0003 × 743 + 2 × 0.0753)
= Exp(4.6304)
= $102.55
Bottom border of price channel:
Exp(Y513)
= Exp(a + b × X513 – 2 × s)
= Exp(a + b × 743 – 2 × s)
= Exp(4.2419 + 0.0003 × 743 – 2 × 0.0753)
= Exp(4.3293)
= $75.89
July 30, 2025 calculations
Top border of price channel:
Exp(Y1,112)
= Exp(a + b × X1,112 + 2 × s)
= Exp(a + b × 1,617 + 2 × s)
= Exp(4.2419 + 0.0003 × 1,617 + 2 × 0.0753)
= Exp(4.9103)
= $135.68
Bottom border of price channel:
Exp(Y1,112)
= Exp(a + b × X1,112 – 2 × s)
= Exp(a + b × 1,617 – 2 × s)
= Exp(4.2419 + 0.0003 × 1,617 – 2 × 0.0753)
= Exp(4.6092)
= $100.40
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 12.40% per annum.
- CPT price at the close of February 23, 2026 was $108.20 and was inside the primary price channel.
Secondary Trend
Start date: August 7, 2024
End date: February 23, 2026
a = 5.0188
b = -0.0002
s = 0.0345
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0002) – 1
= -7.17%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0345) – 1
= 14.80%
August 7, 2024 calculations
Top border of price channel:
Exp(Y868)
= Exp(a + b × X868 + 2 × s)
= Exp(a + b × 1,260 + 2 × s)
= Exp(5.0188 + -0.0002 × 1,260 + 2 × 0.0345)
= Exp(4.8309)
= $125.32
Bottom border of price channel:
Exp(Y868)
= Exp(a + b × X868 – 2 × s)
= Exp(a + b × 1,260 – 2 × s)
= Exp(5.0188 + -0.0002 × 1,260 – 2 × 0.0345)
= Exp(4.6929)
= $109.17
February 23, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(5.0188 + -0.0002 × 1,825 + 2 × 0.0345)
= Exp(4.7157)
= $111.68
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.0188 + -0.0002 × 1,825 – 2 × 0.0345)
= Exp(4.5777)
= $97.29
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 7.17% per annum.
- CPT price at the close of February 23, 2026 was inside the secondary price channel.