# Phillips Edison & Co Inc (PECO)

None

## 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 96.20% per annum.
• PECO price at the close of September 16, 2024 was \$38.87 and was inside the primary price channel.
• The secondary trend is increasing.
• The growth rate of the secondary trend is 199.04% per annum.
• PECO price at the close of September 16, 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 PECO 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: May 23, 2024
End date: September 16, 2024

a = 1.4891

b = 0.0018

s = 0.0179

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0018) – 1
= 96.20%

Exp(4 × s) – 1
= Exp(4 × 0.0179) – 1
= 7.44%

#### May 23, 2024 calculations

Top border of price channel:

Exp(Y719)
= Exp(a + b × X719 + 2 × s)
= Exp(a + b × 1,043 + 2 × s)
= Exp(1.4891 + 0.0018 × 1,043 + 2 × 0.0179)
= Exp(3.4508)
= \$31.52

Bottom border of price channel:

Exp(Y719)
= Exp(a + b × X719 – 2 × s)
= Exp(a + b × 1,043 – 2 × s)
= Exp(1.4891 + 0.0018 × 1,043 – 2 × 0.0179)
= Exp(3.3790)
= \$29.34

#### September 16, 2024 calculations

Top border of price channel:

Exp(Y797)
= Exp(a + b × X797 + 2 × s)
= Exp(a + b × 1,159 + 2 × s)
= Exp(1.4891 + 0.0018 × 1,159 + 2 × 0.0179)
= Exp(3.6649)
= \$39.05

Bottom border of price channel:

Exp(Y797)
= Exp(a + b × X797 – 2 × s)
= Exp(a + b × 1,159 – 2 × s)
= Exp(1.4891 + 0.0018 × 1,159 – 2 × 0.0179)
= Exp(3.5932)
= \$36.35

#### Description

• The primary trend is increasing.
• The growth rate of the primary trend is 96.20% per annum.
• PECO price at the close of September 16, 2024 was \$38.87 and was inside the primary price channel.

### Secondary Trend

Start date: August 5, 2024
End date: September 16, 2024

a = 0.1728

b = 0.0030

s = 0.0103

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0030) – 1
= 199.04%

Exp(4 × s) – 1
= Exp(4 × 0.0103) – 1
= 4.20%

#### August 5, 2024 calculations

Top border of price channel:

Exp(Y768)
= Exp(a + b × X768 + 2 × s)
= Exp(a + b × 1,117 + 2 × s)
= Exp(0.1728 + 0.0030 × 1,117 + 2 × 0.0103)
= Exp(3.5455)
= \$34.66

Bottom border of price channel:

Exp(Y768)
= Exp(a + b × X768 – 2 × s)
= Exp(a + b × 1,117 – 2 × s)
= Exp(0.1728 + 0.0030 × 1,117 – 2 × 0.0103)
= Exp(3.5044)
= \$33.26

#### September 16, 2024 calculations

Top border of price channel:

Exp(Y797)
= Exp(a + b × X797 + 2 × s)
= Exp(a + b × 1,159 + 2 × s)
= Exp(0.1728 + 0.0030 × 1,159 + 2 × 0.0103)
= Exp(3.6716)
= \$39.31

Bottom border of price channel:

Exp(Y797)
= Exp(a + b × X797 – 2 × s)
= Exp(a + b × 1,159 – 2 × s)
= Exp(0.1728 + 0.0030 × 1,159 – 2 × 0.0103)
= Exp(3.6305)
= \$37.73

#### Description

• The secondary trend is increasing.
• The growth rate of the secondary trend is 199.04% per annum.
• PECO price at the close of September 16, 2024 was inside the secondary price channel.