Stock Price Trends

MSCI Inc (MSCI)

MSCI Inc. (formerly Morgan Stanley Capital International and MSCI Barra), is an American finance company headquartered in New York City and serving as a global provider of equity, fixed income, hedge fund stock market indexes, multi-asset portfolio analysis tools and ESG products. It publishes the MSCI BRIC, MSCI World and MSCI EAFE Indexes.

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 30.78% per annum.
  • MSCI price at the close of April 28, 2025 was $534.95 and was inside the primary price channel.
  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 38.72% per annum.
  • MSCI 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 MSCI 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: November 29, 2024
End date: April 28, 2025

a = 8.1245

b = -0.0010

s = 0.0253

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0010) – 1
= -30.78%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0253) – 1
= 10.63%

November 29, 2024 calculations

Top border of price channel:

Exp(Y1,155)
= Exp(a + b × X1,155 + 2 × s)
= Exp(a + b × 1,675 + 2 × s)
= Exp(8.1245 + -0.0010 × 1,675 + 2 × 0.0253)
= Exp(6.4870)
= $656.57

Bottom border of price channel:

Exp(Y1,155)
= Exp(a + b × X1,155 – 2 × s)
= Exp(a + b × 1,675 – 2 × s)
= Exp(8.1245 + -0.0010 × 1,675 – 2 × 0.0253)
= Exp(6.3860)
= $593.49

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(8.1245 + -0.0010 × 1,825 + 2 × 0.0253)
= Exp(6.3359)
= $564.46

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(8.1245 + -0.0010 × 1,825 – 2 × 0.0253)
= Exp(6.2349)
= $510.23

Description

  • The primary trend is decreasing.
  • The decline rate of the primary trend is 30.78% per annum.
  • MSCI price at the close of April 28, 2025 was $534.95 and was inside the primary price channel.

Secondary Trend

Start date: January 16, 2025
End date: April 28, 2025

a = 8.7205

b = -0.0013

s = 0.0260

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -38.72%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0260) – 1
= 10.94%

January 16, 2025 calculations

Top border of price channel:

Exp(Y1,186)
= Exp(a + b × X1,186 + 2 × s)
= Exp(a + b × 1,723 + 2 × s)
= Exp(8.7205 + -0.0013 × 1,723 + 2 × 0.0260)
= Exp(6.4610)
= $639.71

Bottom border of price channel:

Exp(Y1,186)
= Exp(a + b × X1,186 – 2 × s)
= Exp(a + b × 1,723 – 2 × s)
= Exp(8.7205 + -0.0013 × 1,723 – 2 × 0.0260)
= Exp(6.3572)
= $576.63

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(8.7205 + -0.0013 × 1,825 + 2 × 0.0260)
= Exp(6.3242)
= $557.90

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(8.7205 + -0.0013 × 1,825 – 2 × 0.0260)
= Exp(6.2204)
= $502.89

Description

  • The secondary trend is decreasing.
  • The decline rate of the secondary trend is 38.72% per annum.
  • MSCI price at the close of April 28, 2025 was inside the secondary price channel.