Douglas Emmett Inc (DEI)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-managed and self-managed Real Estate Investment Trust (REIT) and one of the largest owners and operators of high-quality multifamily and office properties located in major coastal submarkets. from Los Angeles and Honolulu.
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 17.92% per annum.
- DEI price at the close of July 25, 2024 was $15.11 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 668.88% per annum.
- DEI price at the close of July 25, 2024 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 DEI 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 25, 2024
a = 1.8184
b = 0.0005
s = 0.0695
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 17.92%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0695) – 1
= 32.03%
March 9, 2023 calculations
Top border of price channel:
Exp(Y911)
= Exp(a + b × X911 + 2 × s)
= Exp(a + b × 1,322 + 2 × s)
= Exp(1.8184 + 0.0005 × 1,322 + 2 × 0.0695)
= Exp(2.5543)
= $12.86
Bottom border of price channel:
Exp(Y911)
= Exp(a + b × X911 – 2 × s)
= Exp(a + b × 1,322 – 2 × s)
= Exp(1.8184 + 0.0005 × 1,322 – 2 × 0.0695)
= Exp(2.2765)
= $9.74
July 25, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(1.8184 + 0.0005 × 1,826 + 2 × 0.0695)
= Exp(2.7819)
= $16.15
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(1.8184 + 0.0005 × 1,826 – 2 × 0.0695)
= Exp(2.5041)
= $12.23
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 17.92% per annum.
- DEI price at the close of July 25, 2024 was $15.11 and was inside the primary price channel.
Secondary Trend
Start date: June 25, 2024
End date: July 25, 2024
a = -7.4792
b = 0.0056
s = 0.0229
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0056) – 1
= 668.88%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0229) – 1
= 9.59%
June 25, 2024 calculations
Top border of price channel:
Exp(Y1,236)
= Exp(a + b × X1,236 + 2 × s)
= Exp(a + b × 1,796 + 2 × s)
= Exp(-7.4792 + 0.0056 × 1,796 + 2 × 0.0229)
= Exp(2.6033)
= $13.51
Bottom border of price channel:
Exp(Y1,236)
= Exp(a + b × X1,236 – 2 × s)
= Exp(a + b × 1,796 – 2 × s)
= Exp(-7.4792 + 0.0056 × 1,796 – 2 × 0.0229)
= Exp(2.5117)
= $12.33
July 25, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(-7.4792 + 0.0056 × 1,826 + 2 × 0.0229)
= Exp(2.7710)
= $15.97
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-7.4792 + 0.0056 × 1,826 – 2 × 0.0229)
= Exp(2.6794)
= $14.58
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 668.88% per annum.
- DEI price at the close of July 25, 2024 was inside the secondary price channel.