PotlatchDeltic Corp (PCH)
PotlatchDeltic (NASDAQ: PCH) is a leading Real Estate Investment Trust (REIT) owning 1.
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 1.55% per annum.
- PCH price at the close of April 29, 2025 was $38.71 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 74.67% per annum.
- PCH 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 PCH 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 1, 2021
End date: April 29, 2025
a = 3.8110
b = 0.0000
s = 0.0671
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= -1.55%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0671) – 1
= 30.79%
April 1, 2021 calculations
Top border of price channel:
Exp(Y232)
= Exp(a + b × X232 + 2 × s)
= Exp(a + b × 336 + 2 × s)
= Exp(3.8110 + 0.0000 × 336 + 2 × 0.0671)
= Exp(3.9308)
= $50.95
Bottom border of price channel:
Exp(Y232)
= Exp(a + b × X232 – 2 × s)
= Exp(a + b × 336 – 2 × s)
= Exp(3.8110 + 0.0000 × 336 – 2 × 0.0671)
= Exp(3.6624)
= $38.95
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(3.8110 + 0.0000 × 1,825 + 2 × 0.0671)
= Exp(3.8672)
= $47.81
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.8110 + 0.0000 × 1,825 – 2 × 0.0671)
= Exp(3.5988)
= $36.55
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 1.55% per annum.
- PCH price at the close of April 29, 2025 was $38.71 and was inside the primary price channel.
Secondary Trend
Start date: February 28, 2025
End date: April 29, 2025
a = 10.5057
b = -0.0038
s = 0.0327
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0038) – 1
= -74.67%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0327) – 1
= 13.96%
February 28, 2025 calculations
Top border of price channel:
Exp(Y1,214)
= Exp(a + b × X1,214 + 2 × s)
= Exp(a + b × 1,765 + 2 × s)
= Exp(10.5057 + -0.0038 × 1,765 + 2 × 0.0327)
= Exp(3.9308)
= $50.95
Bottom border of price channel:
Exp(Y1,214)
= Exp(a + b × X1,214 – 2 × s)
= Exp(a + b × 1,765 – 2 × s)
= Exp(10.5057 + -0.0038 × 1,765 – 2 × 0.0327)
= Exp(3.8002)
= $44.71
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(10.5057 + -0.0038 × 1,825 + 2 × 0.0327)
= Exp(3.7051)
= $40.65
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(10.5057 + -0.0038 × 1,825 – 2 × 0.0327)
= Exp(3.5744)
= $35.67
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 74.67% per annum.
- PCH price at the close of April 29, 2025 was inside the secondary price channel.