Golden Entertainment Inc (GDEN)
Golden Entertainment, Inc. participates in the ownership and operation of a diversified entertainment platform in the United States. The company is headquartered in Las Vegas, Nevada.
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 11.17% per annum.
- GDEN price at the close of April 28, 2025 was $25.87 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 71.38% per annum.
- GDEN 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 GDEN 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: June 1, 2021
End date: April 28, 2025
a = 3.9564
b = -0.0003
s = 0.0857
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -11.17%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0857) – 1
= 40.89%
June 1, 2021 calculations
Top border of price channel:
Exp(Y274)
= Exp(a + b × X274 + 2 × s)
= Exp(a + b × 398 + 2 × s)
= Exp(3.9564 + -0.0003 × 398 + 2 × 0.0857)
= Exp(3.9986)
= $54.52
Bottom border of price channel:
Exp(Y274)
= Exp(a + b × X274 – 2 × s)
= Exp(a + b × 398 – 2 × s)
= Exp(3.9564 + -0.0003 × 398 – 2 × 0.0857)
= Exp(3.6558)
= $38.70
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(3.9564 + -0.0003 × 1,825 + 2 × 0.0857)
= Exp(3.5354)
= $34.31
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.9564 + -0.0003 × 1,825 – 2 × 0.0857)
= Exp(3.1926)
= $24.35
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 11.17% per annum.
- GDEN price at the close of April 28, 2025 was $25.87 and was inside the primary price channel.
Secondary Trend
Start date: January 21, 2025
End date: April 28, 2025
a = 9.4489
b = -0.0034
s = 0.0430
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0034) – 1
= -71.38%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0430) – 1
= 18.75%
January 21, 2025 calculations
Top border of price channel:
Exp(Y1,188)
= Exp(a + b × X1,188 + 2 × s)
= Exp(a + b × 1,728 + 2 × s)
= Exp(9.4489 + -0.0034 × 1,728 + 2 × 0.0430)
= Exp(3.6127)
= $37.07
Bottom border of price channel:
Exp(Y1,188)
= Exp(a + b × X1,188 – 2 × s)
= Exp(a + b × 1,728 – 2 × s)
= Exp(9.4489 + -0.0034 × 1,728 – 2 × 0.0430)
= Exp(3.4408)
= $31.21
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(9.4489 + -0.0034 × 1,825 + 2 × 0.0430)
= Exp(3.2803)
= $26.58
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(9.4489 + -0.0034 × 1,825 – 2 × 0.0430)
= Exp(3.1084)
= $22.38
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 71.38% per annum.
- GDEN price at the close of April 28, 2025 was inside the secondary price channel.