Kohls Corp (KSS)
Kohl's Corporation is a retail company in the United States. The company is headquartered in Menomonee Falls, Wisconsin.
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 31.68% per annum.
- KSS price at the close of July 26, 2024 was $20.51 and was higher than the top border of the primary price channel by $0.27 (1.31%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 2.26% per annum.
- KSS price at the close of July 26, 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 KSS 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: February 5, 2021
End date: November 30, 2023
a = 4.5790
b = -0.0010
s = 0.1665
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0010) – 1
= -31.68%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1665) – 1
= 94.63%
February 5, 2021 calculations
Top border of price channel:
Exp(Y385)
= Exp(a + b × X385 + 2 × s)
= Exp(a + b × 557 + 2 × s)
= Exp(4.5790 + -0.0010 × 557 + 2 × 0.1665)
= Exp(4.3305)
= $75.98
Bottom border of price channel:
Exp(Y385)
= Exp(a + b × X385 – 2 × s)
= Exp(a + b × 557 – 2 × s)
= Exp(4.5790 + -0.0010 × 557 – 2 × 0.1665)
= Exp(3.6646)
= $39.04
November 30, 2023 calculations
Top border of price channel:
Exp(Y1,094)
= Exp(a + b × X1,094 + 2 × s)
= Exp(a + b × 1,585 + 2 × s)
= Exp(4.5790 + -0.0010 × 1,585 + 2 × 0.1665)
= Exp(3.2574)
= $25.98
Bottom border of price channel:
Exp(Y1,094)
= Exp(a + b × X1,094 – 2 × s)
= Exp(a + b × 1,585 – 2 × s)
= Exp(4.5790 + -0.0010 × 1,585 – 2 × 0.1665)
= Exp(2.5915)
= $13.35
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 31.68% per annum.
- KSS price at the close of July 26, 2024 was $20.51 and was higher than the top border of the primary price channel by $0.27 (1.31%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: July 1, 2022
End date: July 26, 2024
a = 3.2435
b = -0.0001
s = 0.1237
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0001) – 1
= -2.26%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1237) – 1
= 64.00%
July 1, 2022 calculations
Top border of price channel:
Exp(Y738)
= Exp(a + b × X738 + 2 × s)
= Exp(a + b × 1,068 + 2 × s)
= Exp(3.2435 + -0.0001 × 1,068 + 2 × 0.1237)
= Exp(3.4238)
= $30.69
Bottom border of price channel:
Exp(Y738)
= Exp(a + b × X738 – 2 × s)
= Exp(a + b × 1,068 – 2 × s)
= Exp(3.2435 + -0.0001 × 1,068 – 2 × 0.1237)
= Exp(2.9291)
= $18.71
July 26, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(3.2435 + -0.0001 × 1,824 + 2 × 0.1237)
= Exp(3.3764)
= $29.26
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(3.2435 + -0.0001 × 1,824 – 2 × 0.1237)
= Exp(2.8817)
= $17.84
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 2.26% per annum.
- KSS price at the close of July 26, 2024 was inside the secondary price channel.