NCR Atleos Corporation (NATL)
NCR ATMCo, LLC is a financial technology company in the United States, rest of Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia Pacific.
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 336.10% per annum.
- NATL price at the close of July 25, 2024 was $31.65 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 123.20% per annum.
- NATL price at the close of July 25, 2024 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 NATL 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: March 6, 2024
End date: July 25, 2024
a = 2.3631
b = 0.0040
s = 0.0610
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0040) – 1
= 336.10%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0610) – 1
= 27.66%
March 6, 2024 calculations
Top border of price channel:
Exp(Y92)
= Exp(a + b × X92 + 2 × s)
= Exp(a + b × 135 + 2 × s)
= Exp(2.3631 + 0.0040 × 135 + 2 × 0.0610)
= Exp(3.0298)
= $20.69
Bottom border of price channel:
Exp(Y92)
= Exp(a + b × X92 – 2 × s)
= Exp(a + b × 135 – 2 × s)
= Exp(2.3631 + 0.0040 × 135 – 2 × 0.0610)
= Exp(2.7857)
= $16.21
July 25, 2024 calculations
Top border of price channel:
Exp(Y189)
= Exp(a + b × X189 + 2 × s)
= Exp(a + b × 276 + 2 × s)
= Exp(2.3631 + 0.0040 × 276 + 2 × 0.0610)
= Exp(3.5987)
= $36.55
Bottom border of price channel:
Exp(Y189)
= Exp(a + b × X189 – 2 × s)
= Exp(a + b × 276 – 2 × s)
= Exp(2.3631 + 0.0040 × 276 – 2 × 0.0610)
= Exp(3.3546)
= $28.63
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 336.10% per annum.
- NATL price at the close of July 25, 2024 was $31.65 and was inside the primary price channel.
Secondary Trend
Start date: May 14, 2024
End date: July 25, 2024
a = 2.8264
b = 0.0022
s = 0.0471
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0022) – 1
= 123.20%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0471) – 1
= 20.74%
May 14, 2024 calculations
Top border of price channel:
Exp(Y140)
= Exp(a + b × X140 + 2 × s)
= Exp(a + b × 204 + 2 × s)
= Exp(2.8264 + 0.0022 × 204 + 2 × 0.0471)
= Exp(3.3694)
= $29.06
Bottom border of price channel:
Exp(Y140)
= Exp(a + b × X140 – 2 × s)
= Exp(a + b × 204 – 2 × s)
= Exp(2.8264 + 0.0022 × 204 – 2 × 0.0471)
= Exp(3.1809)
= $24.07
July 25, 2024 calculations
Top border of price channel:
Exp(Y189)
= Exp(a + b × X189 + 2 × s)
= Exp(a + b × 276 + 2 × s)
= Exp(2.8264 + 0.0022 × 276 + 2 × 0.0471)
= Exp(3.5278)
= $34.05
Bottom border of price channel:
Exp(Y189)
= Exp(a + b × X189 – 2 × s)
= Exp(a + b × 276 – 2 × s)
= Exp(2.8264 + 0.0022 × 276 – 2 × 0.0471)
= Exp(3.3392)
= $28.20
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 123.20% per annum.
- NATL price at the close of July 25, 2024 was inside the secondary price channel.