GATX Corporation (GATX)
GATX Corporation (NYSE: GATX) strives to be recognized as the best car rental company in the world by our customers, our shareholders, our employees and the communities where we operate. The company is headquartered in Chicago, Illinois since its founding in 1898.
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 45.29% per annum.
- GATX price at the close of April 29, 2025 was $145.16 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 8.99% per annum.
- GATX price at the close of April 29, 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 GATX 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: January 24, 2025
End date: April 29, 2025
a = 7.9895
b = -0.0017
s = 0.0223
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0017) – 1
= -45.29%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0223) – 1
= 9.31%
January 24, 2025 calculations
Top border of price channel:
Exp(Y1,190)
= Exp(a + b × X1,190 + 2 × s)
= Exp(a + b × 1,730 + 2 × s)
= Exp(7.9895 + -0.0017 × 1,730 + 2 × 0.0223)
= Exp(5.1752)
= $176.84
Bottom border of price channel:
Exp(Y1,190)
= Exp(a + b × X1,190 – 2 × s)
= Exp(a + b × 1,730 – 2 × s)
= Exp(7.9895 + -0.0017 × 1,730 – 2 × 0.0223)
= Exp(5.0862)
= $161.78
April 29, 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(7.9895 + -0.0017 × 1,825 + 2 × 0.0223)
= Exp(5.0182)
= $151.14
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.9895 + -0.0017 × 1,825 – 2 × 0.0223)
= Exp(4.9292)
= $138.27
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 45.29% per annum.
- GATX price at the close of April 29, 2025 was $145.16 and was inside the primary price channel.
Secondary Trend
Start date: April 4, 2025
End date: April 29, 2025
a = 5.4502
b = -0.0003
s = 0.0171
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -8.99%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0171) – 1
= 7.09%
April 4, 2025 calculations
Top border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 + 2 × s)
= Exp(a + b × 1,800 + 2 × s)
= Exp(5.4502 + -0.0003 × 1,800 + 2 × 0.0171)
= Exp(5.0198)
= $151.38
Bottom border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 – 2 × s)
= Exp(a + b × 1,800 – 2 × s)
= Exp(5.4502 + -0.0003 × 1,800 – 2 × 0.0171)
= Exp(4.9513)
= $141.36
April 29, 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(5.4502 + -0.0003 × 1,825 + 2 × 0.0171)
= Exp(5.0133)
= $150.41
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.4502 + -0.0003 × 1,825 – 2 × 0.0171)
= Exp(4.9449)
= $140.46
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 8.99% per annum.
- GATX price at the close of April 29, 2025 was inside the secondary price channel.