Equity Residential (EQR)
Equity Residential (EQR) is a leading publicly traded real estate investment trust (REIT) focused on the acquisition, development, and management of high-quality apartment communities. With a strong portfolio strategically located in top urban and suburban markets across the United States, the company aims to capitalize on demographic trends driving rental demand. Equity Residential is committed to delivering long-term value to its shareholders through operational excellence, sustainable practices, and a commitment to enhancing tenant experiences, positioning itself as a key player in the national multifamily housing sector.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 11.63% per annum.
- EQR price at the close of February 13, 2026 was $63.86 and was higher than the top border of the primary price channel by $0.49 (0.78%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 29.39% per annum.
- EQR price at the close of February 13, 2026 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 EQR 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: August 28, 2024
End date: February 3, 2026
a = 4.7104
b = -0.0003
s = 0.0278
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -11.63%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0278) – 1
= 11.74%
August 28, 2024 calculations
Top border of price channel:
Exp(Y888)
= Exp(a + b × X888 + 2 × s)
= Exp(a + b × 1,288 + 2 × s)
= Exp(4.7104 + -0.0003 × 1,288 + 2 × 0.0278)
= Exp(4.3298)
= $75.93
Bottom border of price channel:
Exp(Y888)
= Exp(a + b × X888 – 2 × s)
= Exp(a + b × 1,288 – 2 × s)
= Exp(4.7104 + -0.0003 × 1,288 – 2 × 0.0278)
= Exp(4.2188)
= $67.95
February 3, 2026 calculations
Top border of price channel:
Exp(Y1,246)
= Exp(a + b × X1,246 + 2 × s)
= Exp(a + b × 1,812 + 2 × s)
= Exp(4.7104 + -0.0003 × 1,812 + 2 × 0.0278)
= Exp(4.1524)
= $63.58
Bottom border of price channel:
Exp(Y1,246)
= Exp(a + b × X1,246 – 2 × s)
= Exp(a + b × 1,812 – 2 × s)
= Exp(4.7104 + -0.0003 × 1,812 – 2 × 0.0278)
= Exp(4.0413)
= $56.90
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 11.63% per annum.
- EQR price at the close of February 13, 2026 was $63.86 and was higher than the top border of the primary price channel by $0.49 (0.78%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: October 29, 2025
End date: February 13, 2026
a = 2.8607
b = 0.0007
s = 0.0151
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 29.39%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0151) – 1
= 6.21%
October 29, 2025 calculations
Top border of price channel:
Exp(Y1,181)
= Exp(a + b × X1,181 + 2 × s)
= Exp(a + b × 1,715 + 2 × s)
= Exp(2.8607 + 0.0007 × 1,715 + 2 × 0.0151)
= Exp(4.1015)
= $60.43
Bottom border of price channel:
Exp(Y1,181)
= Exp(a + b × X1,181 – 2 × s)
= Exp(a + b × 1,715 – 2 × s)
= Exp(2.8607 + 0.0007 × 1,715 – 2 × 0.0151)
= Exp(4.0413)
= $56.90
February 13, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(2.8607 + 0.0007 × 1,822 + 2 × 0.0151)
= Exp(4.1771)
= $65.17
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(2.8607 + 0.0007 × 1,822 – 2 × 0.0151)
= Exp(4.1169)
= $61.37
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 29.39% per annum.
- EQR price at the close of February 13, 2026 was inside the secondary price channel.