Ingredion Incorporated (INGR)
Ingredion Incorporated (Ticker: INGR) is a leading global provider of ingredient solutions, specializing in the production and sale of starches, sweeteners, and other customized food and industrial ingredients. Headquartered in Westchester, Illinois, the company serves a diverse range of sectors including food, beverage, and pharmaceuticals, leveraging its extensive portfolio to offer innovative solutions that meet complex customer needs. With a commitment to sustainable practices and operational excellence, Ingredion is well-positioned to capitalize on emerging market trends and continue driving growth in an evolving global landscape.
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 31.33% per annum.
- INGR price at the close of November 25, 2025 was $107.22 and was lower than the bottom border of the primary price channel by $4.16 (3.73%).
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 54.60% per annum.
- INGR price at the close of November 25, 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 INGR 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: May 15, 2025
End date: November 3, 2025
a = 6.6218
b = -0.0010
s = 0.0153
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0010) – 1
= -31.33%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0153) – 1
= 6.31%
May 15, 2025 calculations
Top border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 + 2 × s)
= Exp(a + b × 1,630 + 2 × s)
= Exp(6.6218 + -0.0010 × 1,630 + 2 × 0.0153)
= Exp(4.9739)
= $144.59
Bottom border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 – 2 × s)
= Exp(a + b × 1,630 – 2 × s)
= Exp(6.6218 + -0.0010 × 1,630 – 2 × 0.0153)
= Exp(4.9127)
= $136.01
November 3, 2025 calculations
Top border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 + 2 × s)
= Exp(a + b × 1,802 + 2 × s)
= Exp(6.6218 + -0.0010 × 1,802 + 2 × 0.0153)
= Exp(4.7968)
= $121.12
Bottom border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 – 2 × s)
= Exp(a + b × 1,802 – 2 × s)
= Exp(6.6218 + -0.0010 × 1,802 – 2 × 0.0153)
= Exp(4.7356)
= $113.93
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 31.33% per annum.
- INGR price at the close of November 25, 2025 was $107.22 and was lower than the bottom border of the primary price channel by $4.16 (3.73%).
Secondary Trend
Start date: August 27, 2025
End date: November 25, 2025
a = 8.6211
b = -0.0022
s = 0.0215
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0022) – 1
= -54.60%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0215) – 1
= 8.99%
August 27, 2025 calculations
Top border of price channel:
Exp(Y1,191)
= Exp(a + b × X1,191 + 2 × s)
= Exp(a + b × 1,734 + 2 × s)
= Exp(8.6211 + -0.0022 × 1,734 + 2 × 0.0215)
= Exp(4.9122)
= $135.94
Bottom border of price channel:
Exp(Y1,191)
= Exp(a + b × X1,191 – 2 × s)
= Exp(a + b × 1,734 – 2 × s)
= Exp(8.6211 + -0.0022 × 1,734 – 2 × 0.0215)
= Exp(4.8262)
= $124.73
November 25, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(8.6211 + -0.0022 × 1,824 + 2 × 0.0215)
= Exp(4.7175)
= $111.89
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(8.6211 + -0.0022 × 1,824 – 2 × 0.0215)
= Exp(4.6314)
= $102.66
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 54.60% per annum.
- INGR price at the close of November 25, 2025 was inside the secondary price channel.