Stock Price Trends

Four Corners Property Trust Inc (FCPT)

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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 21.47% per annum.
  • FCPT price at the close of November 21, 2025 was $24.01 and was inside the primary price channel.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 7.31% per annum.
  • FCPT price at the close of November 21, 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 FCPT 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: April 15, 2025
End date: November 21, 2025

a = 4.3767

b = -0.0007

s = 0.0149

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -21.47%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0149) – 1
= 6.16%

April 15, 2025 calculations

Top border of price channel:

Exp(Y1,102)
= Exp(a + b × X1,102 + 2 × s)
= Exp(a + b × 1,604 + 2 × s)
= Exp(4.3767 + -0.0007 × 1,604 + 2 × 0.0149)
= Exp(3.3447)
= $28.35

Bottom border of price channel:

Exp(Y1,102)
= Exp(a + b × X1,102 – 2 × s)
= Exp(a + b × 1,604 – 2 × s)
= Exp(4.3767 + -0.0007 × 1,604 – 2 × 0.0149)
= Exp(3.2849)
= $26.71

November 21, 2025 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(4.3767 + -0.0007 × 1,824 + 2 × 0.0149)
= Exp(3.1990)
= $24.51

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(4.3767 + -0.0007 × 1,824 – 2 × 0.0149)
= Exp(3.1393)
= $23.09

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 21.47% per annum.
  • FCPT price at the close of November 21, 2025 was $24.01 and was inside the primary price channel.

Secondary Trend

Start date: September 22, 2025
End date: November 21, 2025

a = 3.5560

b = -0.0002

s = 0.0125

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0002) – 1
= -7.31%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0125) – 1
= 5.12%

September 22, 2025 calculations

Top border of price channel:

Exp(Y1,211)
= Exp(a + b × X1,211 + 2 × s)
= Exp(a + b × 1,764 + 2 × s)
= Exp(3.5560 + -0.0002 × 1,764 + 2 × 0.0125)
= Exp(3.2142)
= $24.88

Bottom border of price channel:

Exp(Y1,211)
= Exp(a + b × X1,211 – 2 × s)
= Exp(a + b × 1,764 – 2 × s)
= Exp(3.5560 + -0.0002 × 1,764 – 2 × 0.0125)
= Exp(3.1643)
= $23.67

November 21, 2025 calculations

Top border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(3.5560 + -0.0002 × 1,824 + 2 × 0.0125)
= Exp(3.2017)
= $24.57

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(3.5560 + -0.0002 × 1,824 – 2 × 0.0125)
= Exp(3.1518)
= $23.38

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 7.31% per annum.
  • FCPT price at the close of November 21, 2025 was inside the secondary price channel.