Stride Inc (LRN)
Stride, Inc., a technology-based education company, provides its own and third-party online educational services, software systems and curricula to facilitate individualized learning for students primarily in kindergarten through grade 12 (K -12) in the United States and internationally. .
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 95.78% per annum.
- LRN price at the close of April 28, 2025 was $140.86 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 150.11% per annum.
- LRN price at the close of April 28, 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 LRN 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: May 24, 2023
End date: April 28, 2025
a = 1.5293
b = 0.0018
s = 0.0915
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0018) – 1
= 95.78%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0915) – 1
= 44.17%
May 24, 2023 calculations
Top border of price channel:
Exp(Y773)
= Exp(a + b × X773 + 2 × s)
= Exp(a + b × 1,120 + 2 × s)
= Exp(1.5293 + 0.0018 × 1,120 + 2 × 0.0915)
= Exp(3.7737)
= $43.54
Bottom border of price channel:
Exp(Y773)
= Exp(a + b × X773 – 2 × s)
= Exp(a + b × 1,120 – 2 × s)
= Exp(1.5293 + 0.0018 × 1,120 – 2 × 0.0915)
= Exp(3.4079)
= $30.20
April 28, 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(1.5293 + 0.0018 × 1,825 + 2 × 0.0915)
= Exp(5.0714)
= $159.39
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(1.5293 + 0.0018 × 1,825 – 2 × 0.0915)
= Exp(4.7055)
= $110.56
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 95.78% per annum.
- LRN price at the close of April 28, 2025 was $140.86 and was inside the primary price channel.
Secondary Trend
Start date: June 7, 2024
End date: April 28, 2025
a = 0.3995
b = 0.0025
s = 0.0844
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0025) – 1
= 150.11%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0844) – 1
= 40.16%
June 7, 2024 calculations
Top border of price channel:
Exp(Y1,034)
= Exp(a + b × X1,034 + 2 × s)
= Exp(a + b × 1,500 + 2 × s)
= Exp(0.3995 + 0.0025 × 1,500 + 2 × 0.0844)
= Exp(4.3357)
= $76.38
Bottom border of price channel:
Exp(Y1,034)
= Exp(a + b × X1,034 – 2 × s)
= Exp(a + b × 1,500 – 2 × s)
= Exp(0.3995 + 0.0025 × 1,500 – 2 × 0.0844)
= Exp(3.9981)
= $54.50
April 28, 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(0.3995 + 0.0025 × 1,825 + 2 × 0.0844)
= Exp(5.1520)
= $172.78
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(0.3995 + 0.0025 × 1,825 – 2 × 0.0844)
= Exp(4.8144)
= $123.27
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 150.11% per annum.
- LRN price at the close of April 28, 2025 was inside the secondary price channel.