Keurig Dr Pepper Inc (KDP)
Keurig Dr Pepper Inc. is a beverage company in the United States and internationally. The company is headquartered in Burlington, Massachusetts.
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 3.37% per annum.
- KDP price at the close of June 18, 2025 was $33.21 and was higher than the top border of the primary price channel by $0.02 (0.07%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 6.42% per annum.
- KDP price at the close of June 18, 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 KDP 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 6, 2021
End date: April 24, 2024
a = 3.5597
b = -0.0001
s = 0.0567
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0001) – 1
= -3.37%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0567) – 1
= 25.45%
April 6, 2021 calculations
Top border of price channel:
Exp(Y198)
= Exp(a + b × X198 + 2 × s)
= Exp(a + b × 288 + 2 × s)
= Exp(3.5597 + -0.0001 × 288 + 2 × 0.0567)
= Exp(3.6461)
= $38.32
Bottom border of price channel:
Exp(Y198)
= Exp(a + b × X198 – 2 × s)
= Exp(a + b × 288 – 2 × s)
= Exp(3.5597 + -0.0001 × 288 – 2 × 0.0567)
= Exp(3.4194)
= $30.55
April 24, 2024 calculations
Top border of price channel:
Exp(Y966)
= Exp(a + b × X966 + 2 × s)
= Exp(a + b × 1,402 + 2 × s)
= Exp(3.5597 + -0.0001 × 1,402 + 2 × 0.0567)
= Exp(3.5416)
= $34.52
Bottom border of price channel:
Exp(Y966)
= Exp(a + b × X966 – 2 × s)
= Exp(a + b × 1,402 – 2 × s)
= Exp(3.5597 + -0.0001 × 1,402 – 2 × 0.0567)
= Exp(3.3149)
= $27.52
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 3.37% per annum.
- KDP price at the close of June 18, 2025 was $33.21 and was higher than the top border of the primary price channel by $0.02 (0.07%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 28, 2023
End date: June 18, 2025
a = 3.2201
b = 0.0002
s = 0.0532
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 6.42%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0532) – 1
= 23.72%
April 28, 2023 calculations
Top border of price channel:
Exp(Y718)
= Exp(a + b × X718 + 2 × s)
= Exp(a + b × 1,040 + 2 × s)
= Exp(3.2201 + 0.0002 × 1,040 + 2 × 0.0532)
= Exp(3.5037)
= $33.24
Bottom border of price channel:
Exp(Y718)
= Exp(a + b × X718 – 2 × s)
= Exp(a + b × 1,040 – 2 × s)
= Exp(3.2201 + 0.0002 × 1,040 – 2 × 0.0532)
= Exp(3.2908)
= $26.87
June 18, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(3.2201 + 0.0002 × 1,822 + 2 × 0.0532)
= Exp(3.6369)
= $37.97
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(3.2201 + 0.0002 × 1,822 – 2 × 0.0532)
= Exp(3.4241)
= $30.69
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 6.42% per annum.
- KDP price at the close of June 18, 2025 was inside the secondary price channel.