# 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:
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 EHAB 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 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%

Exp(4 × s) – 1
= Exp(4 × 0.0164) – 1
= 6.77%

#### November 9, 2023 calculations

Top border of price channel:

Exp(Y348)
= Exp(a + b × X348 + 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(Y348)
= Exp(a + b × X348 – 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(Y368)
= Exp(a + b × X368 + 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(Y368)
= Exp(a + b × X368 – 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%

Exp(4 × s) – 1
= Exp(4 × 0.0146) – 1
= 6.00%

#### November 24, 2023 calculations

Top border of price channel:

Exp(Y358)
= Exp(a + b × X358 + 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(Y358)
= Exp(a + b × X358 – 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(Y368)
= Exp(a + b × X368 + 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(Y368)
= Exp(a + b × X368 – 2 × s)
= Exp(a + b × 533 – 2 × s)
= Exp(0.1898 + 0.0041 × 533 – 2 × 0.0146)
= Exp(2.3706)
= \$10.70