Jackson Financial Inc (JXN)
None
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 40.13% per annum.
- JXN price at the close of April 29, 2025 was $79.32 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 63.59% per annum.
- JXN price at the close of April 29, 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 JXN 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: October 7, 2024
End date: April 29, 2025
a = 6.2264
b = -0.0014
s = 0.0574
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0014) – 1
= -40.13%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0574) – 1
= 25.83%
October 7, 2024 calculations
Top border of price channel:
Exp(Y778)
= Exp(a + b × X778 + 2 × s)
= Exp(a + b × 1,132 + 2 × s)
= Exp(6.2264 + -0.0014 × 1,132 + 2 × 0.0574)
= Exp(4.7501)
= $115.60
Bottom border of price channel:
Exp(Y778)
= Exp(a + b × X778 – 2 × s)
= Exp(a + b × 1,132 – 2 × s)
= Exp(6.2264 + -0.0014 × 1,132 – 2 × 0.0574)
= Exp(4.5204)
= $91.87
April 29, 2025 calculations
Top border of price channel:
Exp(Y917)
= Exp(a + b × X917 + 2 × s)
= Exp(a + b × 1,336 + 2 × s)
= Exp(6.2264 + -0.0014 × 1,336 + 2 × 0.0574)
= Exp(4.4634)
= $86.78
Bottom border of price channel:
Exp(Y917)
= Exp(a + b × X917 – 2 × s)
= Exp(a + b × 1,336 – 2 × s)
= Exp(6.2264 + -0.0014 × 1,336 – 2 × 0.0574)
= Exp(4.2336)
= $68.97
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 40.13% per annum.
- JXN price at the close of April 29, 2025 was $79.32 and was inside the primary price channel.
Secondary Trend
Start date: January 21, 2025
End date: April 29, 2025
a = 7.9901
b = -0.0028
s = 0.0492
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0028) – 1
= -63.59%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0492) – 1
= 21.74%
January 21, 2025 calculations
Top border of price channel:
Exp(Y849)
= Exp(a + b × X849 + 2 × s)
= Exp(a + b × 1,238 + 2 × s)
= Exp(7.9901 + -0.0028 × 1,238 + 2 × 0.0492)
= Exp(4.6620)
= $105.85
Bottom border of price channel:
Exp(Y849)
= Exp(a + b × X849 – 2 × s)
= Exp(a + b × 1,238 – 2 × s)
= Exp(7.9901 + -0.0028 × 1,238 – 2 × 0.0492)
= Exp(4.4653)
= $86.95
April 29, 2025 calculations
Top border of price channel:
Exp(Y917)
= Exp(a + b × X917 + 2 × s)
= Exp(a + b × 1,336 + 2 × s)
= Exp(7.9901 + -0.0028 × 1,336 + 2 × 0.0492)
= Exp(4.3908)
= $80.71
Bottom border of price channel:
Exp(Y917)
= Exp(a + b × X917 – 2 × s)
= Exp(a + b × 1,336 – 2 × s)
= Exp(7.9901 + -0.0028 × 1,336 – 2 × 0.0492)
= Exp(4.1941)
= $66.29
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 63.59% per annum.
- JXN price at the close of April 29, 2025 was inside the secondary price channel.