Gaming & Leisure Properties (GLPI)
None
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 7.24% per annum.
- GLPI price at the close of April 28, 2025 was $47.76 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 18.03% per annum.
- GLPI 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 GLPI 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: April 15, 2021
End date: April 28, 2025
a = 3.5349
b = 0.0002
s = 0.0531
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 7.24%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0531) – 1
= 23.68%
April 15, 2021 calculations
Top border of price channel:
Exp(Y242)
= Exp(a + b × X242 + 2 × s)
= Exp(a + b × 351 + 2 × s)
= Exp(3.5349 + 0.0002 × 351 + 2 × 0.0531)
= Exp(3.7085)
= $40.79
Bottom border of price channel:
Exp(Y242)
= Exp(a + b × X242 – 2 × s)
= Exp(a + b × 351 – 2 × s)
= Exp(3.5349 + 0.0002 × 351 – 2 × 0.0531)
= Exp(3.4959)
= $32.98
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(3.5349 + 0.0002 × 1,825 + 2 × 0.0531)
= Exp(3.9908)
= $54.10
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.5349 + 0.0002 × 1,825 – 2 × 0.0531)
= Exp(3.7782)
= $43.74
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 7.24% per annum.
- GLPI price at the close of April 28, 2025 was $47.76 and was inside the primary price channel.
Secondary Trend
Start date: January 24, 2024
End date: April 28, 2025
a = 3.1041
b = 0.0005
s = 0.0429
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 18.03%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0429) – 1
= 18.72%
January 24, 2024 calculations
Top border of price channel:
Exp(Y940)
= Exp(a + b × X940 + 2 × s)
= Exp(a + b × 1,365 + 2 × s)
= Exp(3.1041 + 0.0005 × 1,365 + 2 × 0.0429)
= Exp(3.8098)
= $45.14
Bottom border of price channel:
Exp(Y940)
= Exp(a + b × X940 – 2 × s)
= Exp(a + b × 1,365 – 2 × s)
= Exp(3.1041 + 0.0005 × 1,365 – 2 × 0.0429)
= Exp(3.6383)
= $38.03
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(3.1041 + 0.0005 × 1,825 + 2 × 0.0429)
= Exp(4.0188)
= $55.63
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.1041 + 0.0005 × 1,825 – 2 × 0.0429)
= Exp(3.8472)
= $46.86
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 18.03% per annum.
- GLPI price at the close of April 28, 2025 was inside the secondary price channel.