Performance Food Group Co (PFGC)
Performance Food Group Company, markets and distributes food and food-related products in the United States. The company is headquartered in Richmond, Virginia.
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 35.80% per annum.
- PFGC price at the close of April 28, 2025 was $79.57 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 326.78% per annum.
- PFGC price at the close of April 28, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
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 PFGC 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: November 22, 2024
End date: April 22, 2025
a = 6.5393
b = -0.0012
s = 0.0376
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0012) – 1
= -35.80%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0376) – 1
= 16.23%
November 22, 2024 calculations
Top border of price channel:
Exp(Y1,151)
= Exp(a + b × X1,151 + 2 × s)
= Exp(a + b × 1,668 + 2 × s)
= Exp(6.5393 + -0.0012 × 1,668 + 2 × 0.0376)
= Exp(4.5891)
= $98.41
Bottom border of price channel:
Exp(Y1,151)
= Exp(a + b × X1,151 – 2 × s)
= Exp(a + b × 1,668 – 2 × s)
= Exp(6.5393 + -0.0012 × 1,668 – 2 × 0.0376)
= Exp(4.4388)
= $84.67
April 22, 2025 calculations
Top border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 + 2 × s)
= Exp(a + b × 1,819 + 2 × s)
= Exp(6.5393 + -0.0012 × 1,819 + 2 × 0.0376)
= Exp(4.4058)
= $81.92
Bottom border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 – 2 × s)
= Exp(a + b × 1,819 – 2 × s)
= Exp(6.5393 + -0.0012 × 1,819 – 2 × 0.0376)
= Exp(4.2554)
= $70.49
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 35.80% per annum.
- PFGC price at the close of April 28, 2025 was $79.57 and was inside the primary price channel.
Secondary Trend
Start date: April 4, 2025
End date: April 28, 2025
a = -2.8727
b = 0.0040
s = 0.0225
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0040) – 1
= 326.78%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0225) – 1
= 9.41%
April 4, 2025 calculations
Top border of price channel:
Exp(Y1,240)
= Exp(a + b × X1,240 + 2 × s)
= Exp(a + b × 1,801 + 2 × s)
= Exp(-2.8727 + 0.0040 × 1,801 + 2 × 0.0225)
= Exp(4.3324)
= $76.13
Bottom border of price channel:
Exp(Y1,240)
= Exp(a + b × X1,240 – 2 × s)
= Exp(a + b × 1,801 – 2 × s)
= Exp(-2.8727 + 0.0040 × 1,801 – 2 × 0.0225)
= Exp(4.2424)
= $69.58
April 28, 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(-2.8727 + 0.0040 × 1,825 + 2 × 0.0225)
= Exp(4.4278)
= $83.75
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-2.8727 + 0.0040 × 1,825 – 2 × 0.0225)
= Exp(4.3378)
= $76.54
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 326.78% per annum.
- PFGC price at the close of April 28, 2025 was inside the secondary price channel.