News Corp B (NWS)
News Corporation is an American mass media and publishing company operating across digital real estate information, news media, book publishing, and cable television.
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 32.67% per annum.
- NWS price at the close of April 29, 2025 was $31.32 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 20.46% per annum.
- NWS 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 NWS 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 10, 2022
End date: March 26, 2025
a = 2.1149
b = 0.0008
s = 0.0636
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 32.67%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0636) – 1
= 28.96%
June 10, 2022 calculations
Top border of price channel:
Exp(Y533)
= Exp(a + b × X533 + 2 × s)
= Exp(a + b × 771 + 2 × s)
= Exp(2.1149 + 0.0008 × 771 + 2 × 0.0636)
= Exp(2.8392)
= $17.10
Bottom border of price channel:
Exp(Y533)
= Exp(a + b × X533 – 2 × s)
= Exp(a + b × 771 – 2 × s)
= Exp(2.1149 + 0.0008 × 771 – 2 × 0.0636)
= Exp(2.5848)
= $13.26
March 26, 2025 calculations
Top border of price channel:
Exp(Y1,232)
= Exp(a + b × X1,232 + 2 × s)
= Exp(a + b × 1,791 + 2 × s)
= Exp(2.1149 + 0.0008 × 1,791 + 2 × 0.0636)
= Exp(3.6291)
= $37.68
Bottom border of price channel:
Exp(Y1,232)
= Exp(a + b × X1,232 – 2 × s)
= Exp(a + b × 1,791 – 2 × s)
= Exp(2.1149 + 0.0008 × 1,791 – 2 × 0.0636)
= Exp(3.3747)
= $29.22
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 32.67% per annum.
- NWS price at the close of April 29, 2025 was $31.32 and was inside the primary price channel.
Secondary Trend
Start date: December 14, 2023
End date: April 29, 2025
a = 2.5400
b = 0.0005
s = 0.0448
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 20.46%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0448) – 1
= 19.63%
December 14, 2023 calculations
Top border of price channel:
Exp(Y913)
= Exp(a + b × X913 + 2 × s)
= Exp(a + b × 1,323 + 2 × s)
= Exp(2.5400 + 0.0005 × 1,323 + 2 × 0.0448)
= Exp(3.3044)
= $27.23
Bottom border of price channel:
Exp(Y913)
= Exp(a + b × X913 – 2 × s)
= Exp(a + b × 1,323 – 2 × s)
= Exp(2.5400 + 0.0005 × 1,323 – 2 × 0.0448)
= Exp(3.1252)
= $22.76
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(2.5400 + 0.0005 × 1,825 + 2 × 0.0448)
= Exp(3.5604)
= $35.18
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.5400 + 0.0005 × 1,825 – 2 × 0.0448)
= Exp(3.3812)
= $29.41
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 20.46% per annum.
- NWS price at the close of April 29, 2025 was inside the secondary price channel.