eXp World Holdings Inc (EXPI)
eXp World Holdings, Inc. provides cloud-based real estate brokerage services for residential home owners and buyers in the United States, Canada, United Kingdom, Australia, South Africa, Portugal, France, Mexico, and India. The company is headquartered in Bellingham, Washington.
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 62.03% per annum.
- EXPI price at the close of April 28, 2025 was $8.89 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 82.36% per annum.
- EXPI price at the close of April 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 EXPI 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 4, 2024
End date: April 28, 2025
a = 7.0158
b = -0.0027
s = 0.0395
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0027) – 1
= -62.03%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0395) – 1
= 17.12%
November 4, 2024 calculations
Top border of price channel:
Exp(Y1,137)
= Exp(a + b × X1,137 + 2 × s)
= Exp(a + b × 1,650 + 2 × s)
= Exp(7.0158 + -0.0027 × 1,650 + 2 × 0.0395)
= Exp(2.7170)
= $15.13
Bottom border of price channel:
Exp(Y1,137)
= Exp(a + b × X1,137 – 2 × s)
= Exp(a + b × 1,650 – 2 × s)
= Exp(7.0158 + -0.0027 × 1,650 – 2 × 0.0395)
= Exp(2.5590)
= $12.92
April 28, 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(7.0158 + -0.0027 × 1,825 + 2 × 0.0395)
= Exp(2.2527)
= $9.51
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.0158 + -0.0027 × 1,825 – 2 × 0.0395)
= Exp(2.0946)
= $8.12
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 62.03% per annum.
- EXPI price at the close of April 28, 2025 was $8.89 and was inside the primary price channel.
Secondary Trend
Start date: March 24, 2025
End date: April 28, 2025
a = 10.8244
b = -0.0048
s = 0.0256
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0048) – 1
= -82.36%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0256) – 1
= 10.78%
March 24, 2025 calculations
Top border of price channel:
Exp(Y1,231)
= Exp(a + b × X1,231 + 2 × s)
= Exp(a + b × 1,790 + 2 × s)
= Exp(10.8244 + -0.0048 × 1,790 + 2 × 0.0256)
= Exp(2.3671)
= $10.67
Bottom border of price channel:
Exp(Y1,231)
= Exp(a + b × X1,231 – 2 × s)
= Exp(a + b × 1,790 – 2 × s)
= Exp(10.8244 + -0.0048 × 1,790 – 2 × 0.0256)
= Exp(2.2647)
= $9.63
April 28, 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(10.8244 + -0.0048 × 1,825 + 2 × 0.0256)
= Exp(2.2007)
= $9.03
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(10.8244 + -0.0048 × 1,825 – 2 × 0.0256)
= Exp(2.0983)
= $8.15
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 82.36% per annum.
- EXPI price at the close of April 28, 2025 was inside the secondary price channel.