# 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:

Y_{i} = α + β × X_{i} + ε_{i}

Top border of price channel:

Exp(Y_{i}) = Exp(a + b × X_{i} + 2 × s)

Bottom border of price channel:

Exp(Y_{i}) = Exp(a + b × X_{i} – 2 × s)

where:

i - observation number

Y_{i} - natural logarithm of PECO price

X_{i} - time index, 1 day interval

σ - standard deviation of ε_{i}

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%

Price channel spread:

Exp(4 × s) – 1

= Exp(4 × 0.0179) – 1

= 7.44%

#### May 23, 2024 calculations

Top border of price channel:

Exp(Y_{719})

= Exp(a + b × X_{719} + 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(Y_{719})

= Exp(a + b × X_{719} – 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(Y_{797})

= Exp(a + b × X_{797} + 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(Y_{797})

= Exp(a + b × X_{797} – 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%

Price channel spread:

Exp(4 × s) – 1

= Exp(4 × 0.0103) – 1

= 4.20%

#### August 5, 2024 calculations

Top border of price channel:

Exp(Y_{768})

= Exp(a + b × X_{768} + 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(Y_{768})

= Exp(a + b × X_{768} – 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(Y_{797})

= Exp(a + b × X_{797} + 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(Y_{797})

= Exp(a + b × X_{797} – 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.