G-III Apparel Group Ltd (GIII)
G-III Apparel Group, Ltd. designs, supplies, and markets men's and women's apparel in the United States and internationally. The company is headquartered in New York, New York.
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 63.87% per annum.
- GIII price at the close of April 28, 2025 was $25.04 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 233.30% per annum.
- GIII price at the close of April 28, 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 GIII 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: December 10, 2024
End date: April 23, 2025
a = 8.2554
b = -0.0028
s = 0.0364
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0028) – 1
= -63.87%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0364) – 1
= 15.67%
December 10, 2024 calculations
Top border of price channel:
Exp(Y1,162)
= Exp(a + b × X1,162 + 2 × s)
= Exp(a + b × 1,686 + 2 × s)
= Exp(8.2554 + -0.0028 × 1,686 + 2 × 0.0364)
= Exp(3.6261)
= $37.57
Bottom border of price channel:
Exp(Y1,162)
= Exp(a + b × X1,162 – 2 × s)
= Exp(a + b × 1,686 – 2 × s)
= Exp(8.2554 + -0.0028 × 1,686 – 2 × 0.0364)
= Exp(3.4805)
= $32.48
April 23, 2025 calculations
Top border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 + 2 × s)
= Exp(a + b × 1,820 + 2 × s)
= Exp(8.2554 + -0.0028 × 1,820 + 2 × 0.0364)
= Exp(3.2524)
= $25.85
Bottom border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 – 2 × s)
= Exp(a + b × 1,820 – 2 × s)
= Exp(8.2554 + -0.0028 × 1,820 – 2 × 0.0364)
= Exp(3.1068)
= $22.35
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 63.87% per annum.
- GIII price at the close of April 28, 2025 was $25.04 and was inside the primary price channel.
Secondary Trend
Start date: April 11, 2025
End date: April 28, 2025
a = -2.7869
b = 0.0033
s = 0.0204
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0033) – 1
= 233.30%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0204) – 1
= 8.50%
April 11, 2025 calculations
Top border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 + 2 × s)
= Exp(a + b × 1,808 + 2 × s)
= Exp(-2.7869 + 0.0033 × 1,808 + 2 × 0.0204)
= Exp(3.2172)
= $24.96
Bottom border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 – 2 × s)
= Exp(a + b × 1,808 – 2 × s)
= Exp(-2.7869 + 0.0033 × 1,808 – 2 × 0.0204)
= Exp(3.1357)
= $23.00
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(-2.7869 + 0.0033 × 1,825 + 2 × 0.0204)
= Exp(3.2733)
= $26.40
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-2.7869 + 0.0033 × 1,825 – 2 × 0.0204)
= Exp(3.1918)
= $24.33
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 233.30% per annum.
- GIII price at the close of April 28, 2025 was inside the secondary price channel.