Elanco Animal Health (ELAN)
Elanco Animal Health Incorporated (ELAN) is a leading global animal health company that specializes in the innovation, development, manufacturing, and marketing of products designed for both pets and livestock. Headquartered in Greenfield, Indiana, Elanco is committed to advancing animal health through science-based solutions, with a diverse portfolio that addresses the critical challenges faced by veterinarians and animal producers. The company leverages its extensive research capabilities to deliver innovative therapies aimed at improving the health and well-being of animals worldwide, thereby enhancing productivity in the food supply chain. With a strong focus on sustainability and animal welfare, Elanco is strategically positioned to capitalize on the growing demand for animal health and wellness solutions.
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 156.20% per annum.
- ELAN price at the close of February 26, 2026 was $26.19 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 70.88% per annum.
- ELAN price at the close of February 26, 2026 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 ELAN 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: May 7, 2025
End date: February 26, 2026
a = -1.3888
b = 0.0026
s = 0.0578
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0026) – 1
= 156.20%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0578) – 1
= 25.99%
May 7, 2025 calculations
Top border of price channel:
Exp(Y1,052)
= Exp(a + b × X1,052 + 2 × s)
= Exp(a + b × 1,528 + 2 × s)
= Exp(-1.3888 + 0.0026 × 1,528 + 2 × 0.0578)
= Exp(2.6651)
= $14.37
Bottom border of price channel:
Exp(Y1,052)
= Exp(a + b × X1,052 – 2 × s)
= Exp(a + b × 1,528 – 2 × s)
= Exp(-1.3888 + 0.0026 × 1,528 – 2 × 0.0578)
= Exp(2.4341)
= $11.41
February 26, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(-1.3888 + 0.0026 × 1,823 + 2 × 0.0578)
= Exp(3.4255)
= $30.74
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(-1.3888 + 0.0026 × 1,823 – 2 × 0.0578)
= Exp(3.1945)
= $24.40
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 156.20% per annum.
- ELAN price at the close of February 26, 2026 was $26.19 and was inside the primary price channel.
Secondary Trend
Start date: September 26, 2025
End date: February 26, 2026
a = 0.5574
b = 0.0015
s = 0.0321
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 70.88%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0321) – 1
= 13.69%
September 26, 2025 calculations
Top border of price channel:
Exp(Y1,150)
= Exp(a + b × X1,150 + 2 × s)
= Exp(a + b × 1,670 + 2 × s)
= Exp(0.5574 + 0.0015 × 1,670 + 2 × 0.0321)
= Exp(3.0730)
= $21.61
Bottom border of price channel:
Exp(Y1,150)
= Exp(a + b × X1,150 – 2 × s)
= Exp(a + b × 1,670 – 2 × s)
= Exp(0.5574 + 0.0015 × 1,670 – 2 × 0.0321)
= Exp(2.9447)
= $19.01
February 26, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(0.5574 + 0.0015 × 1,823 + 2 × 0.0321)
= Exp(3.2976)
= $27.05
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(0.5574 + 0.0015 × 1,823 – 2 × 0.0321)
= Exp(3.1693)
= $23.79
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 70.88% per annum.
- ELAN price at the close of February 26, 2026 was inside the secondary price channel.