Clearway Energy Inc (CWEN.A)
Clearway Energy, Inc., participates in the renewable energy businesses in the United States.
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 25.58% per annum.
- CWEN.A price at the close of May 8, 2025 was $27.00 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 7.19% per annum.
- CWEN.A price at the close of May 8, 2025 was inside the secondary price channel.
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 CWEN.A 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 21, 2023
End date: May 8, 2025
a = 2.1798
b = 0.0006
s = 0.0700
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 25.58%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0700) – 1
= 32.31%
September 21, 2023 calculations
Top border of price channel:
Exp(Y847)
= Exp(a + b × X847 + 2 × s)
= Exp(a + b × 1,228 + 2 × s)
= Exp(2.1798 + 0.0006 × 1,228 + 2 × 0.0700)
= Exp(3.0861)
= $21.89
Bottom border of price channel:
Exp(Y847)
= Exp(a + b × X847 – 2 × s)
= Exp(a + b × 1,228 – 2 × s)
= Exp(2.1798 + 0.0006 × 1,228 – 2 × 0.0700)
= Exp(2.8062)
= $16.55
May 8, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(2.1798 + 0.0006 × 1,823 + 2 × 0.0700)
= Exp(3.4575)
= $31.74
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(2.1798 + 0.0006 × 1,823 – 2 × 0.0700)
= Exp(3.1775)
= $23.99
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 25.58% per annum.
- CWEN.A price at the close of May 8, 2025 was $27.00 and was inside the primary price channel.
Secondary Trend
Start date: August 1, 2024
End date: May 8, 2025
a = 2.9213
b = 0.0002
s = 0.0498
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 7.19%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0498) – 1
= 22.05%
August 1, 2024 calculations
Top border of price channel:
Exp(Y1,063)
= Exp(a + b × X1,063 + 2 × s)
= Exp(a + b × 1,543 + 2 × s)
= Exp(2.9213 + 0.0002 × 1,543 + 2 × 0.0498)
= Exp(3.3143)
= $27.50
Bottom border of price channel:
Exp(Y1,063)
= Exp(a + b × X1,063 – 2 × s)
= Exp(a + b × 1,543 – 2 × s)
= Exp(2.9213 + 0.0002 × 1,543 – 2 × 0.0498)
= Exp(3.1150)
= $22.53
May 8, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(2.9213 + 0.0002 × 1,823 + 2 × 0.0498)
= Exp(3.3675)
= $29.01
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(2.9213 + 0.0002 × 1,823 – 2 × 0.0498)
= Exp(3.1683)
= $23.77
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 7.19% per annum.
- CWEN.A price at the close of May 8, 2025 was inside the secondary price channel.