Ingersoll Rand Inc (IR)
Ingersoll Rand Inc., founded in 1859, is an American worldwide provider of industrial equipment, technologies and related parts and services to a broad and diverse customer base through a family of brands.
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 11.05% per annum.
- IR price at the close of August 28, 2025 was $80.26 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 25.15% per annum.
- IR price at the close of August 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 IR 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: February 22, 2024
End date: August 28, 2025
a = 4.9852
b = -0.0003
s = 0.0725
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -11.05%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0725) – 1
= 33.63%
February 22, 2024 calculations
Top border of price channel:
Exp(Y874)
= Exp(a + b × X874 + 2 × s)
= Exp(a + b × 1,270 + 2 × s)
= Exp(4.9852 + -0.0003 × 1,270 + 2 × 0.0725)
= Exp(4.7229)
= $112.49
Bottom border of price channel:
Exp(Y874)
= Exp(a + b × X874 – 2 × s)
= Exp(a + b × 1,270 – 2 × s)
= Exp(4.9852 + -0.0003 × 1,270 – 2 × 0.0725)
= Exp(4.4330)
= $84.18
August 28, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(4.9852 + -0.0003 × 1,823 + 2 × 0.0725)
= Exp(4.5455)
= $94.21
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(4.9852 + -0.0003 × 1,823 – 2 × 0.0725)
= Exp(4.2556)
= $70.50
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 11.05% per annum.
- IR price at the close of August 28, 2025 was $80.26 and was inside the primary price channel.
Secondary Trend
Start date: September 19, 2024
End date: August 28, 2025
a = 5.7814
b = -0.0008
s = 0.0695
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0008) – 1
= -25.15%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0695) – 1
= 32.04%
September 19, 2024 calculations
Top border of price channel:
Exp(Y1,019)
= Exp(a + b × X1,019 + 2 × s)
= Exp(a + b × 1,480 + 2 × s)
= Exp(5.7814 + -0.0008 × 1,480 + 2 × 0.0695)
= Exp(4.7455)
= $115.07
Bottom border of price channel:
Exp(Y1,019)
= Exp(a + b × X1,019 – 2 × s)
= Exp(a + b × 1,480 – 2 × s)
= Exp(5.7814 + -0.0008 × 1,480 – 2 × 0.0695)
= Exp(4.4676)
= $87.15
August 28, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(5.7814 + -0.0008 × 1,823 + 2 × 0.0695)
= Exp(4.4733)
= $87.64
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(5.7814 + -0.0008 × 1,823 – 2 × 0.0695)
= Exp(4.1953)
= $66.37
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 25.15% per annum.
- IR price at the close of August 28, 2025 was inside the secondary price channel.