Itron Inc (ITRI)
Itron, Inc., a technology and services company, offers end-to-end solutions that help manage energy, water, and smart city operations globally. The company is headquartered in Liberty Lake, Washington.
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 40.96% per annum.
- ITRI price at the close of April 28, 2025 was $109.10 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1.67% per annum.
- ITRI price at the close of April 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 ITRI 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: April 14, 2022
End date: April 2, 2025
a = 3.0910
b = 0.0009
s = 0.1040
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0009) – 1
= 40.96%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1040) – 1
= 51.62%
April 14, 2022 calculations
Top border of price channel:
Exp(Y495)
= Exp(a + b × X495 + 2 × s)
= Exp(a + b × 715 + 2 × s)
= Exp(3.0910 + 0.0009 × 715 + 2 × 0.1040)
= Exp(3.9716)
= $53.07
Bottom border of price channel:
Exp(Y495)
= Exp(a + b × X495 – 2 × s)
= Exp(a + b × 715 – 2 × s)
= Exp(3.0910 + 0.0009 × 715 – 2 × 0.1040)
= Exp(3.5555)
= $35.00
April 2, 2025 calculations
Top border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 + 2 × s)
= Exp(a + b × 1,799 + 2 × s)
= Exp(3.0910 + 0.0009 × 1,799 + 2 × 0.1040)
= Exp(4.9913)
= $147.12
Bottom border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 – 2 × s)
= Exp(a + b × 1,799 – 2 × s)
= Exp(3.0910 + 0.0009 × 1,799 – 2 × 0.1040)
= Exp(4.5751)
= $97.03
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 40.96% per annum.
- ITRI price at the close of April 28, 2025 was $109.10 and was inside the primary price channel.
Secondary Trend
Start date: May 2, 2024
End date: April 28, 2025
a = 4.5836
b = 0.0000
s = 0.0565
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= 1.67%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0565) – 1
= 25.34%
May 2, 2024 calculations
Top border of price channel:
Exp(Y1,009)
= Exp(a + b × X1,009 + 2 × s)
= Exp(a + b × 1,464 + 2 × s)
= Exp(4.5836 + 0.0000 × 1,464 + 2 × 0.0565)
= Exp(4.7627)
= $117.07
Bottom border of price channel:
Exp(Y1,009)
= Exp(a + b × X1,009 – 2 × s)
= Exp(a + b × 1,464 – 2 × s)
= Exp(4.5836 + 0.0000 × 1,464 – 2 × 0.0565)
= Exp(4.5369)
= $93.40
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(4.5836 + 0.0000 × 1,825 + 2 × 0.0565)
= Exp(4.7791)
= $118.99
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.5836 + 0.0000 × 1,825 – 2 × 0.0565)
= Exp(4.5532)
= $94.94
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1.67% per annum.
- ITRI price at the close of April 28, 2025 was inside the secondary price channel.