Axa Equitable Holdings Inc (EQH)
Equitable Holdings, Inc. is a globally diversified financial services company. The company is headquartered in New York, New York.
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 54.59% per annum.
- EQH price at the close of April 29, 2025 was $51.02 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 38.86% per annum.
- EQH 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 EQH 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 13, 2023
End date: April 2, 2025
a = 1.8491
b = 0.0012
s = 0.0484
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0012) – 1
= 54.59%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0484) – 1
= 21.37%
March 13, 2023 calculations
Top border of price channel:
Exp(Y721)
= Exp(a + b × X721 + 2 × s)
= Exp(a + b × 1,047 + 2 × s)
= Exp(1.8491 + 0.0012 × 1,047 + 2 × 0.0484)
= Exp(3.1955)
= $24.42
Bottom border of price channel:
Exp(Y721)
= Exp(a + b × X721 – 2 × s)
= Exp(a + b × 1,047 – 2 × s)
= Exp(1.8491 + 0.0012 × 1,047 – 2 × 0.0484)
= Exp(3.0018)
= $20.12
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(1.8491 + 0.0012 × 1,798 + 2 × 0.0484)
= Exp(4.0918)
= $59.85
Bottom border of price channel:
Exp(Y1,237)
= Exp(a + b × X1,237 – 2 × s)
= Exp(a + b × 1,798 – 2 × s)
= Exp(1.8491 + 0.0012 × 1,798 – 2 × 0.0484)
= Exp(3.8981)
= $49.31
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 54.59% per annum.
- EQH price at the close of April 29, 2025 was $51.02 and was inside the primary price channel.
Secondary Trend
Start date: January 21, 2025
End date: April 28, 2025
a = 6.3323
b = -0.0013
s = 0.0428
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -38.86%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0428) – 1
= 18.69%
January 21, 2025 calculations
Top border of price channel:
Exp(Y1,187)
= Exp(a + b × X1,187 + 2 × s)
= Exp(a + b × 1,727 + 2 × s)
= Exp(6.3323 + -0.0013 × 1,727 + 2 × 0.0428)
= Exp(4.0897)
= $59.72
Bottom border of price channel:
Exp(Y1,187)
= Exp(a + b × X1,187 – 2 × s)
= Exp(a + b × 1,727 – 2 × s)
= Exp(6.3323 + -0.0013 × 1,727 – 2 × 0.0428)
= Exp(3.9184)
= $50.32
April 28, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(6.3323 + -0.0013 × 1,824 + 2 × 0.0428)
= Exp(3.9589)
= $52.40
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(6.3323 + -0.0013 × 1,824 – 2 × 0.0428)
= Exp(3.7876)
= $44.15
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 38.86% per annum.
- EQH price at the close of April 29, 2025 was inside the secondary price channel.