Hasbro Inc (HAS)
Hasbro, Inc. is an American multinational conglomerate with toy, board game, and media assets, headquartered in Pawtucket, Rhode Island.
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 64.04% per annum.
- HAS price at the close of April 28, 2025 was $61.34 and was lower than the bottom border of the primary price channel by $20.41 (24.96%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 25.12% per annum.
- HAS 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 HAS 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 19, 2023
End date: October 23, 2024
a = 2.0268
b = 0.0014
s = 0.0489
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 64.04%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0489) – 1
= 21.62%
October 19, 2023 calculations
Top border of price channel:
Exp(Y875)
= Exp(a + b × X875 + 2 × s)
= Exp(a + b × 1,268 + 2 × s)
= Exp(2.0268 + 0.0014 × 1,268 + 2 × 0.0489)
= Exp(3.8441)
= $46.72
Bottom border of price channel:
Exp(Y875)
= Exp(a + b × X875 – 2 × s)
= Exp(a + b × 1,268 – 2 × s)
= Exp(2.0268 + 0.0014 × 1,268 – 2 × 0.0489)
= Exp(3.6483)
= $38.41
October 23, 2024 calculations
Top border of price channel:
Exp(Y1,129)
= Exp(a + b × X1,129 + 2 × s)
= Exp(a + b × 1,638 + 2 × s)
= Exp(2.0268 + 0.0014 × 1,638 + 2 × 0.0489)
= Exp(4.3458)
= $77.15
Bottom border of price channel:
Exp(Y1,129)
= Exp(a + b × X1,129 – 2 × s)
= Exp(a + b × 1,638 – 2 × s)
= Exp(2.0268 + 0.0014 × 1,638 – 2 × 0.0489)
= Exp(4.1500)
= $63.44
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 64.04% per annum.
- HAS price at the close of April 28, 2025 was $61.34 and was lower than the bottom border of the primary price channel by $20.41 (24.96%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: August 15, 2024
End date: April 25, 2025
a = 5.4723
b = -0.0008
s = 0.0623
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0008) – 1
= -25.12%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0623) – 1
= 28.29%
August 15, 2024 calculations
Top border of price channel:
Exp(Y1,081)
= Exp(a + b × X1,081 + 2 × s)
= Exp(a + b × 1,569 + 2 × s)
= Exp(5.4723 + -0.0008 × 1,569 + 2 × 0.0623)
= Exp(4.3532)
= $77.72
Bottom border of price channel:
Exp(Y1,081)
= Exp(a + b × X1,081 – 2 × s)
= Exp(a + b × 1,569 – 2 × s)
= Exp(5.4723 + -0.0008 × 1,569 – 2 × 0.0623)
= Exp(4.1040)
= $60.58
April 25, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(5.4723 + -0.0008 × 1,822 + 2 × 0.0623)
= Exp(4.1526)
= $63.60
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(5.4723 + -0.0008 × 1,822 – 2 × 0.0623)
= Exp(3.9035)
= $49.58
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 25.12% per annum.
- HAS price at the close of April 28, 2025 was inside the secondary price channel.