ESAB Corp (ESAB)
ESAB Corporation formulates, develops, manufactures and supplies consumable products and equipment for use in automated cutting, joining and welding, as well as gas control equipment. The company is headquartered in Wilmington, Delaware.
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 4.25% per annum.
- ESAB price at the close of August 28, 2025 was $116.81 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 80.97% per annum.
- ESAB price at the close of August 28, 2025 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 ESAB 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: October 29, 2024
End date: August 28, 2025
a = 4.9380
b = -0.0001
s = 0.0479
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0001) – 1
= -4.25%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0479) – 1
= 21.14%
October 29, 2024 calculations
Top border of price channel:
Exp(Y650)
= Exp(a + b × X650 + 2 × s)
= Exp(a + b × 945 + 2 × s)
= Exp(4.9380 + -0.0001 × 945 + 2 × 0.0479)
= Exp(4.9215)
= $137.20
Bottom border of price channel:
Exp(Y650)
= Exp(a + b × X650 – 2 × s)
= Exp(a + b × 945 – 2 × s)
= Exp(4.9380 + -0.0001 × 945 – 2 × 0.0479)
= Exp(4.7297)
= $113.26
August 28, 2025 calculations
Top border of price channel:
Exp(Y857)
= Exp(a + b × X857 + 2 × s)
= Exp(a + b × 1,248 + 2 × s)
= Exp(4.9380 + -0.0001 × 1,248 + 2 × 0.0479)
= Exp(4.8854)
= $132.35
Bottom border of price channel:
Exp(Y857)
= Exp(a + b × X857 – 2 × s)
= Exp(a + b × 1,248 – 2 × s)
= Exp(4.9380 + -0.0001 × 1,248 – 2 × 0.0479)
= Exp(4.6936)
= $109.25
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 4.25% per annum.
- ESAB price at the close of August 28, 2025 was $116.81 and was inside the primary price channel.
Secondary Trend
Start date: July 17, 2025
End date: August 28, 2025
a = 10.3763
b = -0.0045
s = 0.0523
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0045) – 1
= -80.97%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0523) – 1
= 23.26%
July 17, 2025 calculations
Top border of price channel:
Exp(Y827)
= Exp(a + b × X827 + 2 × s)
= Exp(a + b × 1,206 + 2 × s)
= Exp(10.3763 + -0.0045 × 1,206 + 2 × 0.0523)
= Exp(4.9982)
= $148.15
Bottom border of price channel:
Exp(Y827)
= Exp(a + b × X827 – 2 × s)
= Exp(a + b × 1,206 – 2 × s)
= Exp(10.3763 + -0.0045 × 1,206 – 2 × 0.0523)
= Exp(4.7891)
= $120.20
August 28, 2025 calculations
Top border of price channel:
Exp(Y857)
= Exp(a + b × X857 + 2 × s)
= Exp(a + b × 1,248 + 2 × s)
= Exp(10.3763 + -0.0045 × 1,248 + 2 × 0.0523)
= Exp(4.8073)
= $122.40
Bottom border of price channel:
Exp(Y857)
= Exp(a + b × X857 – 2 × s)
= Exp(a + b × 1,248 – 2 × s)
= Exp(10.3763 + -0.0045 × 1,248 – 2 × 0.0523)
= Exp(4.5982)
= $99.31
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 80.97% per annum.
- ESAB price at the close of August 28, 2025 was inside the secondary price channel.