Maximus Inc (MMS)
Maximus, Inc. provides Business Process Services (BPS) to government health and human services programs worldwide. The company is headquartered in Reston, Virginia.
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 37.58% per annum.
- MMS price at the close of April 29, 2025 was $67.39 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 7.18% per annum.
- MMS price at the close of April 29, 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 MMS 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: July 15, 2024
End date: April 29, 2025
a = 6.5301
b = -0.0013
s = 0.0508
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -37.58%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0508) – 1
= 22.52%
July 15, 2024 calculations
Top border of price channel:
Exp(Y1,057)
= Exp(a + b × X1,057 + 2 × s)
= Exp(a + b × 1,537 + 2 × s)
= Exp(6.5301 + -0.0013 × 1,537 + 2 × 0.0508)
= Exp(4.6472)
= $104.30
Bottom border of price channel:
Exp(Y1,057)
= Exp(a + b × X1,057 – 2 × s)
= Exp(a + b × 1,537 – 2 × s)
= Exp(6.5301 + -0.0013 × 1,537 – 2 × 0.0508)
= Exp(4.4441)
= $85.12
April 29, 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(6.5301 + -0.0013 × 1,825 + 2 × 0.0508)
= Exp(4.2754)
= $71.91
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.5301 + -0.0013 × 1,825 – 2 × 0.0508)
= Exp(4.0723)
= $58.69
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 37.58% per annum.
- MMS price at the close of April 29, 2025 was $67.39 and was inside the primary price channel.
Secondary Trend
Start date: February 11, 2025
End date: April 29, 2025
a = 3.8751
b = 0.0002
s = 0.0182
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 7.18%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0182) – 1
= 7.57%
February 11, 2025 calculations
Top border of price channel:
Exp(Y1,202)
= Exp(a + b × X1,202 + 2 × s)
= Exp(a + b × 1,748 + 2 × s)
= Exp(3.8751 + 0.0002 × 1,748 + 2 × 0.0182)
= Exp(4.2438)
= $69.67
Bottom border of price channel:
Exp(Y1,202)
= Exp(a + b × X1,202 – 2 × s)
= Exp(a + b × 1,748 – 2 × s)
= Exp(3.8751 + 0.0002 × 1,748 – 2 × 0.0182)
= Exp(4.1709)
= $64.77
April 29, 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(3.8751 + 0.0002 × 1,825 + 2 × 0.0182)
= Exp(4.2585)
= $70.70
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.8751 + 0.0002 × 1,825 – 2 × 0.0182)
= Exp(4.1855)
= $65.73
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 7.18% per annum.
- MMS price at the close of April 29, 2025 was inside the secondary price channel.