# Green Dot Corporation (GDOT)

Green Dot Corporation is a banking and fintech holding company in the United States. The company is headquartered in Pasadena, California.

## 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 42.34% per annum.
• GDOT price at the close of August 7, 2024 was \$8.68 and was inside the primary price channel.
• The secondary trend is increasing.
• The growth rate of the secondary trend is 15.18% per annum.
• GDOT price at the close of August 7, 2024 was inside the secondary price channel.
• The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.

### 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 GDOT 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: October 2, 2020
End date: August 7, 2024

a = 4.8277

b = -0.0015

s = 0.1357

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0015) – 1
= -42.34%

Exp(4 × s) – 1
= Exp(4 × 0.1357) – 1
= 72.08%

#### October 2, 2020 calculations

Top border of price channel:

Exp(Y291)
= Exp(a + b × X291 + 2 × s)
= Exp(a + b × 421 + 2 × s)
= Exp(4.8277 + -0.0015 × 421 + 2 × 0.1357)
= Exp(4.4641)
= \$86.84

Bottom border of price channel:

Exp(Y291)
= Exp(a + b × X291 – 2 × s)
= Exp(a + b × 421 – 2 × s)
= Exp(4.8277 + -0.0015 × 421 – 2 × 0.1357)
= Exp(3.9213)
= \$50.46

#### August 7, 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(4.8277 + -0.0015 × 1,826 + 2 × 0.1357)
= Exp(2.3446)
= \$10.43

Bottom border of price channel:

Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(4.8277 + -0.0015 × 1,826 – 2 × 0.1357)
= Exp(1.8018)
= \$6.06

#### Description

• The primary trend is decreasing.
• The decline rate of the primary trend is 42.34% per annum.
• GDOT price at the close of August 7, 2024 was \$8.68 and was inside the primary price channel.

### Secondary Trend

Start date: November 10, 2023
End date: August 7, 2024

a = 1.5495

b = 0.0004

s = 0.0614

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0004) – 1
= 15.18%

Exp(4 × s) – 1
= Exp(4 × 0.0614) – 1
= 27.83%

#### November 10, 2023 calculations

Top border of price channel:

Exp(Y1,073)
= Exp(a + b × X1,073 + 2 × s)
= Exp(a + b × 1,555 + 2 × s)
= Exp(1.5495 + 0.0004 × 1,555 + 2 × 0.0614)
= Exp(2.2742)
= \$9.72

Bottom border of price channel:

Exp(Y1,073)
= Exp(a + b × X1,073 – 2 × s)
= Exp(a + b × 1,555 – 2 × s)
= Exp(1.5495 + 0.0004 × 1,555 – 2 × 0.0614)
= Exp(2.0287)
= \$7.60

#### August 7, 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(1.5495 + 0.0004 × 1,826 + 2 × 0.0614)
= Exp(2.3791)
= \$10.80

Bottom border of price channel:

Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(1.5495 + 0.0004 × 1,826 – 2 × 0.0614)
= Exp(2.1336)
= \$8.44

#### Description

• The secondary trend is increasing.
• The growth rate of the secondary trend is 15.18% per annum.
• GDOT price at the close of August 7, 2024 was inside the secondary price channel.