CVB Financial Corporation (CVBF)
CVB Financial Corp. The company is headquartered in Ontario, California.
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 48.47% per annum.
- CVBF price at the close of April 29, 2025 was $18.78 and was higher than the top border of the primary price channel by $0.57 (3.13%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2,680.94% per annum.
- CVBF price at the close of April 29, 2025 was lower than the bottom border of the secondary price channel by $0.18 (0.93%). This indicates a possible reversal in the secondary trend direction.
- 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 CVBF 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: November 11, 2024
End date: April 21, 2025
a = 6.1569
b = -0.0018
s = 0.0300
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0018) – 1
= -48.47%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0300) – 1
= 12.76%
November 11, 2024 calculations
Top border of price channel:
Exp(Y1,141)
= Exp(a + b × X1,141 + 2 × s)
= Exp(a + b × 1,656 + 2 × s)
= Exp(6.1569 + -0.0018 × 1,656 + 2 × 0.0300)
= Exp(3.2089)
= $24.75
Bottom border of price channel:
Exp(Y1,141)
= Exp(a + b × X1,141 – 2 × s)
= Exp(a + b × 1,656 – 2 × s)
= Exp(6.1569 + -0.0018 × 1,656 – 2 × 0.0300)
= Exp(3.0889)
= $21.95
April 21, 2025 calculations
Top border of price channel:
Exp(Y1,249)
= Exp(a + b × X1,249 + 2 × s)
= Exp(a + b × 1,817 + 2 × s)
= Exp(6.1569 + -0.0018 × 1,817 + 2 × 0.0300)
= Exp(2.9165)
= $18.48
Bottom border of price channel:
Exp(Y1,249)
= Exp(a + b × X1,249 – 2 × s)
= Exp(a + b × 1,817 – 2 × s)
= Exp(6.1569 + -0.0018 × 1,817 – 2 × 0.0300)
= Exp(2.7964)
= $16.39
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 48.47% per annum.
- CVBF price at the close of April 29, 2025 was $18.78 and was higher than the top border of the primary price channel by $0.57 (3.13%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 10, 2025
End date: April 25, 2025
a = -13.6555
b = 0.0091
s = 0.0146
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0091) – 1
= 2,680.94%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0146) – 1
= 6.03%
April 10, 2025 calculations
Top border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 + 2 × s)
= Exp(a + b × 1,806 + 2 × s)
= Exp(-13.6555 + 0.0091 × 1,806 + 2 × 0.0146)
= Exp(2.8276)
= $16.90
Bottom border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 – 2 × s)
= Exp(a + b × 1,806 – 2 × s)
= Exp(-13.6555 + 0.0091 × 1,806 – 2 × 0.0146)
= Exp(2.7690)
= $15.94
April 25, 2025 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,821 + 2 × s)
= Exp(-13.6555 + 0.0091 × 1,821 + 2 × 0.0146)
= Exp(2.9643)
= $19.38
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,821 – 2 × s)
= Exp(-13.6555 + 0.0091 × 1,821 – 2 × 0.0146)
= Exp(2.9057)
= $18.28
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2,680.94% per annum.
- CVBF price at the close of April 29, 2025 was lower than the bottom border of the secondary price channel by $0.18 (0.93%). This indicates a possible reversal in the secondary trend direction.