GE Vernova LLC (GEV)
GE Vernova LLC, an energy business company, generates electricity.
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 17.74% per annum.
- GEV price at the close of April 29, 2025 was $371.19 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 3,487.42% per annum.
- GEV price at the close of April 29, 2025 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 GEV 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: November 5, 2024
End date: April 23, 2025
a = 5.9872
b = -0.0005
s = 0.0841
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -17.74%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0841) – 1
= 39.96%
November 5, 2024 calculations
Top border of price channel:
Exp(Y154)
= Exp(a + b × X154 + 2 × s)
= Exp(a + b × 223 + 2 × s)
= Exp(5.9872 + -0.0005 × 223 + 2 × 0.0841)
= Exp(6.0360)
= $418.21
Bottom border of price channel:
Exp(Y154)
= Exp(a + b × X154 – 2 × s)
= Exp(a + b × 223 – 2 × s)
= Exp(5.9872 + -0.0005 × 223 – 2 × 0.0841)
= Exp(5.6998)
= $298.80
April 23, 2025 calculations
Top border of price channel:
Exp(Y268)
= Exp(a + b × X268 + 2 × s)
= Exp(a + b × 392 + 2 × s)
= Exp(5.9872 + -0.0005 × 392 + 2 × 0.0841)
= Exp(5.9455)
= $382.05
Bottom border of price channel:
Exp(Y268)
= Exp(a + b × X268 – 2 × s)
= Exp(a + b × 392 – 2 × s)
= Exp(5.9872 + -0.0005 × 392 – 2 × 0.0841)
= Exp(5.6093)
= $272.96
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 17.74% per annum.
- GEV price at the close of April 29, 2025 was $371.19 and was inside the primary price channel.
Secondary Trend
Start date: April 3, 2025
End date: April 29, 2025
a = 2.0048
b = 0.0098
s = 0.0445
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0098) – 1
= 3,487.42%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0445) – 1
= 19.50%
April 3, 2025 calculations
Top border of price channel:
Exp(Y255)
= Exp(a + b × X255 + 2 × s)
= Exp(a + b × 372 + 2 × s)
= Exp(2.0048 + 0.0098 × 372 + 2 × 0.0445)
= Exp(5.7425)
= $311.85
Bottom border of price channel:
Exp(Y255)
= Exp(a + b × X255 – 2 × s)
= Exp(a + b × 372 – 2 × s)
= Exp(2.0048 + 0.0098 × 372 – 2 × 0.0445)
= Exp(5.5644)
= $260.97
April 29, 2025 calculations
Top border of price channel:
Exp(Y272)
= Exp(a + b × X272 + 2 × s)
= Exp(a + b × 398 + 2 × s)
= Exp(2.0048 + 0.0098 × 398 + 2 × 0.0445)
= Exp(5.9975)
= $402.44
Bottom border of price channel:
Exp(Y272)
= Exp(a + b × X272 – 2 × s)
= Exp(a + b × 398 – 2 × s)
= Exp(2.0048 + 0.0098 × 398 – 2 × 0.0445)
= Exp(5.8194)
= $336.78
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 3,487.42% per annum.
- GEV price at the close of April 29, 2025 was inside the secondary price channel.