Perdoceo Education Corp (PRDO)
Perdoceo Education Corporation provides postsecondary education to students through online, campus-based, and blended learning programs in the United States. The company is headquartered in Schaumburg, Illinois.
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 38.93% per annum.
- PRDO price at the close of April 28, 2025 was $24.97 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 16.52% per annum.
- PRDO 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 PRDO 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: February 3, 2022
End date: April 28, 2025
a = 1.6531
b = 0.0009
s = 0.0982
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0009) – 1
= 38.93%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0982) – 1
= 48.09%
February 3, 2022 calculations
Top border of price channel:
Exp(Y446)
= Exp(a + b × X446 + 2 × s)
= Exp(a + b × 645 + 2 × s)
= Exp(1.6531 + 0.0009 × 645 + 2 × 0.0982)
= Exp(2.4305)
= $11.36
Bottom border of price channel:
Exp(Y446)
= Exp(a + b × X446 – 2 × s)
= Exp(a + b × 645 – 2 × s)
= Exp(1.6531 + 0.0009 × 645 – 2 × 0.0982)
= Exp(2.0378)
= $7.67
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(1.6531 + 0.0009 × 1,825 + 2 × 0.0982)
= Exp(3.4935)
= $32.90
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(1.6531 + 0.0009 × 1,825 – 2 × 0.0982)
= Exp(3.1008)
= $22.22
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 38.93% per annum.
- PRDO price at the close of April 28, 2025 was $24.97 and was inside the primary price channel.
Secondary Trend
Start date: November 13, 2024
End date: April 28, 2025
a = 4.1344
b = -0.0005
s = 0.0394
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -16.52%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0394) – 1
= 17.07%
November 13, 2024 calculations
Top border of price channel:
Exp(Y1,144)
= Exp(a + b × X1,144 + 2 × s)
= Exp(a + b × 1,659 + 2 × s)
= Exp(4.1344 + -0.0005 × 1,659 + 2 × 0.0394)
= Exp(3.3926)
= $29.74
Bottom border of price channel:
Exp(Y1,144)
= Exp(a + b × X1,144 – 2 × s)
= Exp(a + b × 1,659 – 2 × s)
= Exp(4.1344 + -0.0005 × 1,659 – 2 × 0.0394)
= Exp(3.2351)
= $25.41
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(4.1344 + -0.0005 × 1,825 + 2 × 0.0394)
= Exp(3.3105)
= $27.40
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.1344 + -0.0005 × 1,825 – 2 × 0.0394)
= Exp(3.1530)
= $23.41
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 16.52% per annum.
- PRDO price at the close of April 28, 2025 was inside the secondary price channel.