Hims Hers Health Inc (HIMS)
Hims & Hers Health, Inc. operates a multi-specialty telehealth platform that connects consumers with licensed healthcare professionals. The company is headquartered in San Francisco, California.
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 223.45% per annum.
- HIMS price at the close of April 29, 2025 was $35.04 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 97.79% per annum.
- HIMS price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $5.63 (19.15%). This indicates a possible reversal in the secondary trend direction.
- 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 HIMS 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: August 7, 2023
End date: March 27, 2025
a = -2.0873
b = 0.0032
s = 0.1889
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0032) – 1
= 223.45%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1889) – 1
= 112.90%
August 7, 2023 calculations
Top border of price channel:
Exp(Y822)
= Exp(a + b × X822 + 2 × s)
= Exp(a + b × 1,194 + 2 × s)
= Exp(-2.0873 + 0.0032 × 1,194 + 2 × 0.1889)
= Exp(2.1306)
= $8.42
Bottom border of price channel:
Exp(Y822)
= Exp(a + b × X822 – 2 × s)
= Exp(a + b × 1,194 – 2 × s)
= Exp(-2.0873 + 0.0032 × 1,194 – 2 × 0.1889)
= Exp(1.3750)
= $3.95
March 27, 2025 calculations
Top border of price channel:
Exp(Y1,233)
= Exp(a + b × X1,233 + 2 × s)
= Exp(a + b × 1,792 + 2 × s)
= Exp(-2.0873 + 0.0032 × 1,792 + 2 × 0.1889)
= Exp(4.0539)
= $57.62
Bottom border of price channel:
Exp(Y1,233)
= Exp(a + b × X1,233 – 2 × s)
= Exp(a + b × 1,792 – 2 × s)
= Exp(-2.0873 + 0.0032 × 1,792 – 2 × 0.1889)
= Exp(3.2982)
= $27.06
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 223.45% per annum.
- HIMS price at the close of April 29, 2025 was $35.04 and was inside the primary price channel.
Secondary Trend
Start date: February 10, 2025
End date: April 25, 2025
a = 22.1995
b = -0.0104
s = 0.1218
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0104) – 1
= -97.79%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1218) – 1
= 62.75%
February 10, 2025 calculations
Top border of price channel:
Exp(Y1,201)
= Exp(a + b × X1,201 + 2 × s)
= Exp(a + b × 1,747 + 2 × s)
= Exp(22.1995 + -0.0104 × 1,747 + 2 × 0.1218)
= Exp(4.1959)
= $66.42
Bottom border of price channel:
Exp(Y1,201)
= Exp(a + b × X1,201 – 2 × s)
= Exp(a + b × 1,747 – 2 × s)
= Exp(22.1995 + -0.0104 × 1,747 – 2 × 0.1218)
= Exp(3.7089)
= $40.81
April 25, 2025 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,821 + 2 × s)
= Exp(22.1995 + -0.0104 × 1,821 + 2 × 0.1218)
= Exp(3.4230)
= $30.66
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,821 – 2 × s)
= Exp(22.1995 + -0.0104 × 1,821 – 2 × 0.1218)
= Exp(2.9360)
= $18.84
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 97.79% per annum.
- HIMS price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $5.63 (19.15%). This indicates a possible reversal in the secondary trend direction.