Nike Inc (NKE)
Nike, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment.
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 183.30% per annum.
- NKE price at the close of August 18, 2025 was $77.43 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 25.47% per annum.
- NKE price at the close of August 18, 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 NKE 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: April 3, 2025
End date: August 18, 2025
a = -0.8420
b = 0.0029
s = 0.0443
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0029) – 1
= 183.30%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0443) – 1
= 19.37%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,161)
= Exp(a + b × X1,161 + 2 × s)
= Exp(a + b × 1,688 + 2 × s)
= Exp(-0.8420 + 0.0029 × 1,688 + 2 × 0.0443)
= Exp(4.0623)
= $58.11
Bottom border of price channel:
Exp(Y1,161)
= Exp(a + b × X1,161 – 2 × s)
= Exp(a + b × 1,688 – 2 × s)
= Exp(-0.8420 + 0.0029 × 1,688 – 2 × 0.0443)
= Exp(3.8853)
= $48.68
August 18, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(-0.8420 + 0.0029 × 1,825 + 2 × 0.0443)
= Exp(4.4532)
= $85.90
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-0.8420 + 0.0029 × 1,825 – 2 × 0.0443)
= Exp(4.2762)
= $71.96
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 183.30% per annum.
- NKE price at the close of August 18, 2025 was $77.43 and was inside the primary price channel.
Secondary Trend
Start date: July 1, 2025
End date: August 18, 2025
a = 3.1980
b = 0.0006
s = 0.0231
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 25.47%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0231) – 1
= 9.67%
July 1, 2025 calculations
Top border of price channel:
Exp(Y1,221)
= Exp(a + b × X1,221 + 2 × s)
= Exp(a + b × 1,777 + 2 × s)
= Exp(3.1980 + 0.0006 × 1,777 + 2 × 0.0231)
= Exp(4.3487)
= $77.38
Bottom border of price channel:
Exp(Y1,221)
= Exp(a + b × X1,221 – 2 × s)
= Exp(a + b × 1,777 – 2 × s)
= Exp(3.1980 + 0.0006 × 1,777 – 2 × 0.0231)
= Exp(4.2564)
= $70.56
August 18, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(3.1980 + 0.0006 × 1,825 + 2 × 0.0231)
= Exp(4.3786)
= $79.72
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.1980 + 0.0006 × 1,825 – 2 × 0.0231)
= Exp(4.2863)
= $72.70
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 25.47% per annum.
- NKE price at the close of August 18, 2025 was inside the secondary price channel.