Jefferies Financial Group Inc (JEF)
Jefferies Financial Group Inc. is engaged in investment banking and capital markets, asset management, and direct investment businesses in the Americas, Europe, the Middle East, Africa, and Asia. The company is headquartered in New York, New York.
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 86.67% per annum.
- JEF price at the close of April 29, 2025 was $47.09 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 628.88% per annum.
- JEF price at the close of April 29, 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 JEF 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: December 26, 2024
End date: April 29, 2025
a = 13.8603
b = -0.0055
s = 0.0761
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0055) – 1
= -86.67%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0761) – 1
= 35.56%
December 26, 2024 calculations
Top border of price channel:
Exp(Y1,172)
= Exp(a + b × X1,172 + 2 × s)
= Exp(a + b × 1,701 + 2 × s)
= Exp(13.8603 + -0.0055 × 1,701 + 2 × 0.0761)
= Exp(4.6209)
= $101.58
Bottom border of price channel:
Exp(Y1,172)
= Exp(a + b × X1,172 – 2 × s)
= Exp(a + b × 1,701 – 2 × s)
= Exp(13.8603 + -0.0055 × 1,701 – 2 × 0.0761)
= Exp(4.3166)
= $74.94
April 29, 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(13.8603 + -0.0055 × 1,825 + 2 × 0.0761)
= Exp(3.9363)
= $51.23
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(13.8603 + -0.0055 × 1,825 – 2 × 0.0761)
= Exp(3.6320)
= $37.79
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 86.67% per annum.
- JEF price at the close of April 29, 2025 was $47.09 and was inside the primary price channel.
Secondary Trend
Start date: April 10, 2025
End date: April 29, 2025
a = -6.0897
b = 0.0054
s = 0.0298
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0054) – 1
= 628.88%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0298) – 1
= 12.66%
April 10, 2025 calculations
Top border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 + 2 × s)
= Exp(a + b × 1,806 + 2 × s)
= Exp(-6.0897 + 0.0054 × 1,806 + 2 × 0.0298)
= Exp(3.7983)
= $44.62
Bottom border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 – 2 × s)
= Exp(a + b × 1,806 – 2 × s)
= Exp(-6.0897 + 0.0054 × 1,806 – 2 × 0.0298)
= Exp(3.6791)
= $39.61
April 29, 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(-6.0897 + 0.0054 × 1,825 + 2 × 0.0298)
= Exp(3.9017)
= $49.48
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-6.0897 + 0.0054 × 1,825 – 2 × 0.0298)
= Exp(3.7825)
= $43.92
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 628.88% per annum.
- JEF price at the close of April 29, 2025 was inside the secondary price channel.