Genpact Limited (G)
Genpact Limited provides information technology (IT) and business process outsourcing services in North America and Latin America, India, Rest of Asia and Europe. The company is headquartered in Hamilton, Bermuda.
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 19.92% per annum.
- G price at the close of July 25, 2024 was $34.11 and was higher than the top border of the primary price channel by $0.19 (0.56%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 12.51% per annum.
- G price at the close of July 25, 2024 was higher than the top border of the secondary price channel by $0.01 (0.03%). This indicates a possible reversal in the secondary trend direction.
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 G 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: July 21, 2022
End date: July 15, 2024
a = 4.5298
b = -0.0006
s = 0.0528
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0006) – 1
= -19.92%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0528) – 1
= 23.50%
July 21, 2022 calculations
Top border of price channel:
Exp(Y752)
= Exp(a + b × X752 + 2 × s)
= Exp(a + b × 1,091 + 2 × s)
= Exp(4.5298 + -0.0006 × 1,091 + 2 × 0.0528)
= Exp(3.9713)
= $53.05
Bottom border of price channel:
Exp(Y752)
= Exp(a + b × X752 – 2 × s)
= Exp(a + b × 1,091 – 2 × s)
= Exp(4.5298 + -0.0006 × 1,091 – 2 × 0.0528)
= Exp(3.7603)
= $42.96
July 15, 2024 calculations
Top border of price channel:
Exp(Y1,249)
= Exp(a + b × X1,249 + 2 × s)
= Exp(a + b × 1,816 + 2 × s)
= Exp(4.5298 + -0.0006 × 1,816 + 2 × 0.0528)
= Exp(3.5300)
= $34.13
Bottom border of price channel:
Exp(Y1,249)
= Exp(a + b × X1,249 – 2 × s)
= Exp(a + b × 1,816 – 2 × s)
= Exp(4.5298 + -0.0006 × 1,816 – 2 × 0.0528)
= Exp(3.3190)
= $27.63
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 19.92% per annum.
- G price at the close of July 25, 2024 was $34.11 and was higher than the top border of the primary price channel by $0.19 (0.56%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: May 10, 2023
End date: July 25, 2024
a = 4.1274
b = -0.0004
s = 0.0353
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0004) – 1
= -12.51%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0353) – 1
= 15.16%
May 10, 2023 calculations
Top border of price channel:
Exp(Y954)
= Exp(a + b × X954 + 2 × s)
= Exp(a + b × 1,384 + 2 × s)
= Exp(4.1274 + -0.0004 × 1,384 + 2 × 0.0353)
= Exp(3.6911)
= $40.09
Bottom border of price channel:
Exp(Y954)
= Exp(a + b × X954 – 2 × s)
= Exp(a + b × 1,384 – 2 × s)
= Exp(4.1274 + -0.0004 × 1,384 – 2 × 0.0353)
= Exp(3.5500)
= $34.81
July 25, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(4.1274 + -0.0004 × 1,826 + 2 × 0.0353)
= Exp(3.5293)
= $34.10
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(4.1274 + -0.0004 × 1,826 – 2 × 0.0353)
= Exp(3.3881)
= $29.61
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 12.51% per annum.
- G price at the close of July 25, 2024 was higher than the top border of the secondary price channel by $0.01 (0.03%). This indicates a possible reversal in the secondary trend direction.