Enerpac Tool Group Corp (EPAC)
Enerpac Tool Group Corp. The company is headquartered in Menomonee Falls, Wisconsin.
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 36.64% per annum.
- EPAC price at the close of April 29, 2025 was $40.47 and was lower than the bottom border of the primary price channel by $1.15 (2.75%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 29.00% per annum.
- EPAC price at the close of April 29, 2025 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 EPAC 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: January 19, 2022
End date: April 2, 2025
a = 2.3211
b = 0.0009
s = 0.0768
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0009) – 1
= 36.64%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0768) – 1
= 35.94%
January 19, 2022 calculations
Top border of price channel:
Exp(Y434)
= Exp(a + b × X434 + 2 × s)
= Exp(a + b × 629 + 2 × s)
= Exp(2.3211 + 0.0009 × 629 + 2 × 0.0768)
= Exp(3.0126)
= $20.34
Bottom border of price channel:
Exp(Y434)
= Exp(a + b × X434 – 2 × s)
= Exp(a + b × 629 – 2 × s)
= Exp(2.3211 + 0.0009 × 629 – 2 × 0.0768)
= Exp(2.7055)
= $14.96
April 2, 2025 calculations
Top border of price channel:
Exp(Y1,237)
= Exp(a + b × X1,237 + 2 × s)
= Exp(a + b × 1,798 + 2 × s)
= Exp(2.3211 + 0.0009 × 1,798 + 2 × 0.0768)
= Exp(4.0124)
= $55.28
Bottom border of price channel:
Exp(Y1,237)
= Exp(a + b × X1,237 – 2 × s)
= Exp(a + b × 1,798 – 2 × s)
= Exp(2.3211 + 0.0009 × 1,798 – 2 × 0.0768)
= Exp(3.7054)
= $40.67
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 36.64% per annum.
- EPAC price at the close of April 29, 2025 was $40.47 and was lower than the bottom border of the primary price channel by $1.15 (2.75%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 4, 2024
End date: April 29, 2025
a = 5.4251
b = -0.0009
s = 0.0547
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0009) – 1
= -29.00%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0547) – 1
= 24.44%
November 4, 2024 calculations
Top border of price channel:
Exp(Y1,136)
= Exp(a + b × X1,136 + 2 × s)
= Exp(a + b × 1,649 + 2 × s)
= Exp(5.4251 + -0.0009 × 1,649 + 2 × 0.0547)
= Exp(3.9870)
= $53.90
Bottom border of price channel:
Exp(Y1,136)
= Exp(a + b × X1,136 – 2 × s)
= Exp(a + b × 1,649 – 2 × s)
= Exp(5.4251 + -0.0009 × 1,649 – 2 × 0.0547)
= Exp(3.7684)
= $43.31
April 29, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(5.4251 + -0.0009 × 1,825 + 2 × 0.0547)
= Exp(3.8219)
= $45.69
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.4251 + -0.0009 × 1,825 – 2 × 0.0547)
= Exp(3.6032)
= $36.72
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 29.00% per annum.
- EPAC price at the close of April 29, 2025 was inside the secondary price channel.