Acushnet Holdings Corp (GOLF)
Acushnet Holdings Corp. The company is headquartered in Fairhaven, Massachusetts.
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 35.19% per annum.
- GOLF price at the close of April 28, 2025 was $63.56 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 116.25% per annum.
- GOLF 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 GOLF 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 21, 2024
End date: April 28, 2025
a = 6.2898
b = -0.0012
s = 0.0374
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0012) – 1
= -35.19%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0374) – 1
= 16.14%
November 21, 2024 calculations
Top border of price channel:
Exp(Y1,150)
= Exp(a + b × X1,150 + 2 × s)
= Exp(a + b × 1,667 + 2 × s)
= Exp(6.2898 + -0.0012 × 1,667 + 2 × 0.0374)
= Exp(4.3840)
= $80.16
Bottom border of price channel:
Exp(Y1,150)
= Exp(a + b × X1,150 – 2 × s)
= Exp(a + b × 1,667 – 2 × s)
= Exp(6.2898 + -0.0012 × 1,667 – 2 × 0.0374)
= Exp(4.2343)
= $69.02
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(6.2898 + -0.0012 × 1,825 + 2 × 0.0374)
= Exp(4.1962)
= $66.44
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.2898 + -0.0012 × 1,825 – 2 × 0.0374)
= Exp(4.0466)
= $57.20
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 35.19% per annum.
- GOLF price at the close of April 28, 2025 was $63.56 and was inside the primary price channel.
Secondary Trend
Start date: April 3, 2025
End date: April 28, 2025
a = 0.2776
b = 0.0021
s = 0.0251
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0021) – 1
= 116.25%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0251) – 1
= 10.54%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 + 2 × s)
= Exp(a + b × 1,800 + 2 × s)
= Exp(0.2776 + 0.0021 × 1,800 + 2 × 0.0251)
= Exp(4.1312)
= $62.26
Bottom border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 – 2 × s)
= Exp(a + b × 1,800 – 2 × s)
= Exp(0.2776 + 0.0021 × 1,800 – 2 × 0.0251)
= Exp(4.0310)
= $56.32
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(0.2776 + 0.0021 × 1,825 + 2 × 0.0251)
= Exp(4.1841)
= $65.63
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(0.2776 + 0.0021 × 1,825 – 2 × 0.0251)
= Exp(4.0838)
= $59.37
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 116.25% per annum.
- GOLF price at the close of April 28, 2025 was inside the secondary price channel.