Knowles Cor (KN)
Knowles Corporation designs, manufactures and sells microacoustic, audio processing and precision device solutions for the mobile consumer electronics, communications, medical technology, defense, electric and industrial vehicle markets. The company is headquartered in Itasca, Illinois.
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 66.88% per annum.
- KN price at the close of July 25, 2024 was $18.31 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 270.26% per annum.
- KN price at the close of July 25, 2024 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 KN 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: March 13, 2024
End date: July 25, 2024
a = 0.3563
b = 0.0014
s = 0.0300
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 66.88%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0300) – 1
= 12.73%
March 13, 2024 calculations
Top border of price channel:
Exp(Y1,165)
= Exp(a + b × X1,165 + 2 × s)
= Exp(a + b × 1,692 + 2 × s)
= Exp(0.3563 + 0.0014 × 1,692 + 2 × 0.0300)
= Exp(2.7901)
= $16.28
Bottom border of price channel:
Exp(Y1,165)
= Exp(a + b × X1,165 – 2 × s)
= Exp(a + b × 1,692 – 2 × s)
= Exp(0.3563 + 0.0014 × 1,692 – 2 × 0.0300)
= Exp(2.6702)
= $14.44
July 25, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(0.3563 + 0.0014 × 1,826 + 2 × 0.0300)
= Exp(2.9781)
= $19.65
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(0.3563 + 0.0014 × 1,826 – 2 × 0.0300)
= Exp(2.8582)
= $17.43
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 66.88% per annum.
- KN price at the close of July 25, 2024 was $18.31 and was inside the primary price channel.
Secondary Trend
Start date: June 20, 2024
End date: July 25, 2024
a = -3.6080
b = 0.0036
s = 0.0271
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0036) – 1
= 270.26%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0271) – 1
= 11.44%
June 20, 2024 calculations
Top border of price channel:
Exp(Y1,233)
= Exp(a + b × X1,233 + 2 × s)
= Exp(a + b × 1,791 + 2 × s)
= Exp(-3.6080 + 0.0036 × 1,791 + 2 × 0.0271)
= Exp(2.8694)
= $17.63
Bottom border of price channel:
Exp(Y1,233)
= Exp(a + b × X1,233 – 2 × s)
= Exp(a + b × 1,791 – 2 × s)
= Exp(-3.6080 + 0.0036 × 1,791 – 2 × 0.0271)
= Exp(2.7611)
= $15.82
July 25, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(-3.6080 + 0.0036 × 1,826 + 2 × 0.0271)
= Exp(2.9949)
= $19.98
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-3.6080 + 0.0036 × 1,826 – 2 × 0.0271)
= Exp(2.8866)
= $17.93
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 270.26% per annum.
- KN price at the close of July 25, 2024 was inside the secondary price channel.