N-Able Inc (NABL)
None
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 59.57% per annum.
- NABL price at the close of April 29, 2025 was $7.17 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 87.64% per annum.
- NABL price at the close of April 29, 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 NABL 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: June 11, 2024
End date: April 29, 2025
a = 5.3925
b = -0.0025
s = 0.0769
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0025) – 1
= -59.57%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0769) – 1
= 36.01%
June 11, 2024 calculations
Top border of price channel:
Exp(Y729)
= Exp(a + b × X729 + 2 × s)
= Exp(a + b × 1,058 + 2 × s)
= Exp(5.3925 + -0.0025 × 1,058 + 2 × 0.0769)
= Exp(2.9215)
= $18.57
Bottom border of price channel:
Exp(Y729)
= Exp(a + b × X729 – 2 × s)
= Exp(a + b × 1,058 – 2 × s)
= Exp(5.3925 + -0.0025 × 1,058 – 2 × 0.0769)
= Exp(2.6140)
= $13.65
April 29, 2025 calculations
Top border of price channel:
Exp(Y949)
= Exp(a + b × X949 + 2 × s)
= Exp(a + b × 1,380 + 2 × s)
= Exp(5.3925 + -0.0025 × 1,380 + 2 × 0.0769)
= Exp(2.1227)
= $8.35
Bottom border of price channel:
Exp(Y949)
= Exp(a + b × X949 – 2 × s)
= Exp(a + b × 1,380 – 2 × s)
= Exp(5.3925 + -0.0025 × 1,380 – 2 × 0.0769)
= Exp(1.8152)
= $6.14
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 59.57% per annum.
- NABL price at the close of April 29, 2025 was $7.17 and was inside the primary price channel.
Secondary Trend
Start date: January 28, 2025
End date: April 29, 2025
a = 9.7177
b = -0.0057
s = 0.0824
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0057) – 1
= -87.64%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0824) – 1
= 39.06%
January 28, 2025 calculations
Top border of price channel:
Exp(Y886)
= Exp(a + b × X886 + 2 × s)
= Exp(a + b × 1,289 + 2 × s)
= Exp(9.7177 + -0.0057 × 1,289 + 2 × 0.0824)
= Exp(2.5003)
= $12.19
Bottom border of price channel:
Exp(Y886)
= Exp(a + b × X886 – 2 × s)
= Exp(a + b × 1,289 – 2 × s)
= Exp(9.7177 + -0.0057 × 1,289 – 2 × 0.0824)
= Exp(2.1706)
= $8.76
April 29, 2025 calculations
Top border of price channel:
Exp(Y949)
= Exp(a + b × X949 + 2 × s)
= Exp(a + b × 1,380 + 2 × s)
= Exp(9.7177 + -0.0057 × 1,380 + 2 × 0.0824)
= Exp(1.9791)
= $7.24
Bottom border of price channel:
Exp(Y949)
= Exp(a + b × X949 – 2 × s)
= Exp(a + b × 1,380 – 2 × s)
= Exp(9.7177 + -0.0057 × 1,380 – 2 × 0.0824)
= Exp(1.6494)
= $5.20
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 87.64% per annum.
- NABL price at the close of April 29, 2025 was inside the secondary price channel.