# Enhabit, Inc. (EHAB)

## 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 820.46% per annum.
- EHAB price at the close of December 8, 2023 was $11.08 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 354.20% per annum.
- EHAB price at the close of December 8, 2023 was inside the secondary price channel.

### Linear Regression Model

Model equation:

Y_{i} = α + β × X_{i} + ε_{i}

Top border of price channel:

Exp(Y_{i}) = Exp(a + b × X_{i} + 2 × s)

Bottom border of price channel:

Exp(Y_{i}) = Exp(a + b × X_{i} – 2 × s)

where:

i - observation number

Y_{i} - natural logarithm of EHAB price

X_{i} - time index, 1 day interval

σ - standard deviation of ε_{i}

a - estimator of α

b - estimator of β

s - estimator of σ

Exp() - calculates the exponent of e

### Primary Trend

Start date: November 9, 2023

End date: December 8, 2023

a = -0.8319

b = 0.0061

s = 0.0164

Annual growth rate:

Exp(365 × b) – 1

= Exp(365 × 0.0061) – 1

= 820.46%

Price channel spread:

Exp(4 × s) – 1

= Exp(4 × 0.0164) – 1

= 6.77%

#### November 9, 2023 calculations

Top border of price channel:

Exp(Y_{348})

= Exp(a + b × X_{348} + 2 × s)

= Exp(a + b × 504 + 2 × s)

= Exp(-0.8319 + 0.0061 × 504 + 2 × 0.0164)

= Exp(2.2659)

= $9.64

Bottom border of price channel:

Exp(Y_{348})

= Exp(a + b × X_{348} – 2 × s)

= Exp(a + b × 504 – 2 × s)

= Exp(-0.8319 + 0.0061 × 504 – 2 × 0.0164)

= Exp(2.2003)

= $9.03

#### December 8, 2023 calculations

Top border of price channel:

Exp(Y_{368})

= Exp(a + b × X_{368} + 2 × s)

= Exp(a + b × 533 + 2 × s)

= Exp(-0.8319 + 0.0061 × 533 + 2 × 0.0164)

= Exp(2.4422)

= $11.50

Bottom border of price channel:

Exp(Y_{368})

= Exp(a + b × X_{368} – 2 × s)

= Exp(a + b × 533 – 2 × s)

= Exp(-0.8319 + 0.0061 × 533 – 2 × 0.0164)

= Exp(2.3767)

= $10.77

### Secondary Trend

Start date: November 24, 2023

End date: December 8, 2023

a = 0.1898

b = 0.0041

s = 0.0146

Annual growth rate:

Exp(365 × b) – 1

= Exp(365 × 0.0041) – 1

= 354.20%

Price channel spread:

Exp(4 × s) – 1

= Exp(4 × 0.0146) – 1

= 6.00%

#### November 24, 2023 calculations

Top border of price channel:

Exp(Y_{358})

= Exp(a + b × X_{358} + 2 × s)

= Exp(a + b × 519 + 2 × s)

= Exp(0.1898 + 0.0041 × 519 + 2 × 0.0146)

= Exp(2.3708)

= $10.71

Bottom border of price channel:

Exp(Y_{358})

= Exp(a + b × X_{358} – 2 × s)

= Exp(a + b × 519 – 2 × s)

= Exp(0.1898 + 0.0041 × 519 – 2 × 0.0146)

= Exp(2.3126)

= $10.10

#### December 8, 2023 calculations

Top border of price channel:

Exp(Y_{368})

= Exp(a + b × X_{368} + 2 × s)

= Exp(a + b × 533 + 2 × s)

= Exp(0.1898 + 0.0041 × 533 + 2 × 0.0146)

= Exp(2.4288)

= $11.35

Bottom border of price channel:

Exp(Y_{368})

= Exp(a + b × X_{368} – 2 × s)

= Exp(a + b × 533 – 2 × s)

= Exp(0.1898 + 0.0041 × 533 – 2 × 0.0146)

= Exp(2.3706)

= $10.70