Expeditors International of Washington, Inc. (EXPD)
Expeditors International of Washington, Inc. (EXPD) is a leading American logistics and freight forwarding company headquartered in Seattle, Washington. With a robust global network, Expeditors offers a comprehensive range of supply chain solutions, including air and ocean freight forwarding, customs brokerage, and distribution services. The company leverages advanced technology and data analytics to enhance operational efficiency and provide tailored solutions to its diverse client base. With a commitment to sustainability and customer-centricity, Expeditors continues to strengthen its position as a key player in the global logistics industry.
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 4.57% per annum.
- EXPD price at the close of October 24, 2025 was $117.81 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 31.86% per annum.
- EXPD price at the close of October 24, 2025 was lower than the bottom border of the secondary price channel by $2.61 (2.16%). This indicates a possible reversal in the secondary trend direction.
- 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 EXPD 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: November 28, 2023
End date: August 5, 2025
a = 4.9480
b = -0.0001
s = 0.0358
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0001) – 1
= -4.57%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0358) – 1
= 15.41%
November 28, 2023 calculations
Top border of price channel:
Exp(Y777)
= Exp(a + b × X777 + 2 × s)
= Exp(a + b × 1,128 + 2 × s)
= Exp(4.9480 + -0.0001 × 1,128 + 2 × 0.0358)
= Exp(4.8751)
= $130.98
Bottom border of price channel:
Exp(Y777)
= Exp(a + b × X777 – 2 × s)
= Exp(a + b × 1,128 – 2 × s)
= Exp(4.9480 + -0.0001 × 1,128 – 2 × 0.0358)
= Exp(4.7318)
= $113.50
August 5, 2025 calculations
Top border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 + 2 × s)
= Exp(a + b × 1,744 + 2 × s)
= Exp(4.9480 + -0.0001 × 1,744 + 2 × 0.0358)
= Exp(4.7961)
= $121.04
Bottom border of price channel:
Exp(Y1,198)
= Exp(a + b × X1,198 – 2 × s)
= Exp(a + b × 1,744 – 2 × s)
= Exp(4.9480 + -0.0001 × 1,744 – 2 × 0.0358)
= Exp(4.6528)
= $104.88
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 4.57% per annum.
- EXPD price at the close of October 24, 2025 was $117.81 and was inside the primary price channel.
Secondary Trend
Start date: April 3, 2025
End date: October 8, 2025
a = 3.4487
b = 0.0008
s = 0.0199
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 31.86%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0199) – 1
= 8.30%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,114)
= Exp(a + b × X1,114 + 2 × s)
= Exp(a + b × 1,620 + 2 × s)
= Exp(3.4487 + 0.0008 × 1,620 + 2 × 0.0199)
= Exp(4.7161)
= $111.73
Bottom border of price channel:
Exp(Y1,114)
= Exp(a + b × X1,114 – 2 × s)
= Exp(a + b × 1,620 – 2 × s)
= Exp(3.4487 + 0.0008 × 1,620 – 2 × 0.0199)
= Exp(4.6364)
= $103.17
October 8, 2025 calculations
Top border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 + 2 × s)
= Exp(a + b × 1,808 + 2 × s)
= Exp(3.4487 + 0.0008 × 1,808 + 2 × 0.0199)
= Exp(4.8585)
= $128.83
Bottom border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 – 2 × s)
= Exp(a + b × 1,808 – 2 × s)
= Exp(3.4487 + 0.0008 × 1,808 – 2 × 0.0199)
= Exp(4.7788)
= $118.96
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 31.86% per annum.
- EXPD price at the close of October 24, 2025 was lower than the bottom border of the secondary price channel by $2.61 (2.16%). This indicates a possible reversal in the secondary trend direction.