Sprinklr Inc (CXM)
Sprinklr, Inc. develops and provides a unified cloud-based customer experience management platform for companies around the world. The company is headquartered in New York, New York.
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 1,002.46% per annum.
- CXM price at the close of July 25, 2024 was $9.60 and was lower than the bottom border of the primary price channel by $120.28 (92.61%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 36.97% per annum.
- CXM price at the close of July 25, 2024 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 CXM 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: August 21, 2023
End date: September 8, 2023
a = -2.5329
b = 0.0066
s = 0.0090
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0066) – 1
= 1,002.46%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0090) – 1
= 3.65%
August 21, 2023 calculations
Top border of price channel:
Exp(Y543)
= Exp(a + b × X543 + 2 × s)
= Exp(a + b × 789 + 2 × s)
= Exp(-2.5329 + 0.0066 × 789 + 2 × 0.0090)
= Exp(2.6733)
= $14.49
Bottom border of price channel:
Exp(Y543)
= Exp(a + b × X543 – 2 × s)
= Exp(a + b × 789 – 2 × s)
= Exp(-2.5329 + 0.0066 × 789 – 2 × 0.0090)
= Exp(2.6374)
= $13.98
September 8, 2023 calculations
Top border of price channel:
Exp(Y556)
= Exp(a + b × X556 + 2 × s)
= Exp(a + b × 807 + 2 × s)
= Exp(-2.5329 + 0.0066 × 807 + 2 × 0.0090)
= Exp(2.7916)
= $16.31
Bottom border of price channel:
Exp(Y556)
= Exp(a + b × X556 – 2 × s)
= Exp(a + b × 807 – 2 × s)
= Exp(-2.5329 + 0.0066 × 807 – 2 × 0.0090)
= Exp(2.7558)
= $15.73
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 1,002.46% per annum.
- CXM price at the close of July 25, 2024 was $9.60 and was lower than the bottom border of the primary price channel by $120.28 (92.61%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: August 21, 2023
End date: July 25, 2024
a = 3.7330
b = -0.0013
s = 0.0901
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -36.97%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0901) – 1
= 43.42%
August 21, 2023 calculations
Top border of price channel:
Exp(Y543)
= Exp(a + b × X543 + 2 × s)
= Exp(a + b × 789 + 2 × s)
= Exp(3.7330 + -0.0013 × 789 + 2 × 0.0901)
= Exp(2.9155)
= $18.46
Bottom border of price channel:
Exp(Y543)
= Exp(a + b × X543 – 2 × s)
= Exp(a + b × 789 – 2 × s)
= Exp(3.7330 + -0.0013 × 789 – 2 × 0.0901)
= Exp(2.5550)
= $12.87
July 25, 2024 calculations
Top border of price channel:
Exp(Y776)
= Exp(a + b × X776 + 2 × s)
= Exp(a + b × 1,128 + 2 × s)
= Exp(3.7330 + -0.0013 × 1,128 + 2 × 0.0901)
= Exp(2.4869)
= $12.02
Bottom border of price channel:
Exp(Y776)
= Exp(a + b × X776 – 2 × s)
= Exp(a + b × 1,128 – 2 × s)
= Exp(3.7330 + -0.0013 × 1,128 – 2 × 0.0901)
= Exp(2.1263)
= $8.38
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 36.97% per annum.
- CXM price at the close of July 25, 2024 was inside the secondary price channel.