Stock Price Trends

Alliant Energy Corp (LNT)

Alliant Energy is a public utility holding company headquartered in Madison, Wisconsin providing power in Iowa and Wisconsin.

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 25.33% per annum.
  • LNT price at the close of May 7, 2025 was $61.80 and was inside the primary price channel.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 10.69% per annum.
  • LNT price at the close of May 7, 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 LNT 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: September 26, 2023
End date: May 7, 2025

a = 3.0240

b = 0.0006

s = 0.0434

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 25.33%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0434) – 1
= 18.97%

September 26, 2023 calculations

Top border of price channel:

Exp(Y851)
= Exp(a + b × X851 + 2 × s)
= Exp(a + b × 1,236 + 2 × s)
= Exp(3.0240 + 0.0006 × 1,236 + 2 × 0.0434)
= Exp(3.8754)
= $48.20

Bottom border of price channel:

Exp(Y851)
= Exp(a + b × X851 – 2 × s)
= Exp(a + b × 1,236 – 2 × s)
= Exp(3.0240 + 0.0006 × 1,236 – 2 × 0.0434)
= Exp(3.7017)
= $40.52

May 7, 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(3.0240 + 0.0006 × 1,825 + 2 × 0.0434)
= Exp(4.2397)
= $69.39

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.0240 + 0.0006 × 1,825 – 2 × 0.0434)
= Exp(4.0660)
= $58.32

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 25.33% per annum.
  • LNT price at the close of May 7, 2025 was $61.80 and was inside the primary price channel.

Secondary Trend

Start date: August 19, 2024
End date: May 7, 2025

a = 3.6162

b = 0.0003

s = 0.0286

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 10.69%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0286) – 1
= 12.13%

August 19, 2024 calculations

Top border of price channel:

Exp(Y1,076)
= Exp(a + b × X1,076 + 2 × s)
= Exp(a + b × 1,564 + 2 × s)
= Exp(3.6162 + 0.0003 × 1,564 + 2 × 0.0286)
= Exp(4.1087)
= $60.87

Bottom border of price channel:

Exp(Y1,076)
= Exp(a + b × X1,076 – 2 × s)
= Exp(a + b × 1,564 – 2 × s)
= Exp(3.6162 + 0.0003 × 1,564 – 2 × 0.0286)
= Exp(3.9943)
= $54.29

May 7, 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(3.6162 + 0.0003 × 1,825 + 2 × 0.0286)
= Exp(4.1814)
= $65.46

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.6162 + 0.0003 × 1,825 – 2 × 0.0286)
= Exp(4.0669)
= $58.38

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 10.69% per annum.
  • LNT price at the close of May 7, 2025 was inside the secondary price channel.