Liveramp Holdings Inc (RAMP)
LiveRamp Holdings, Inc., a technology company, offers enterprise data connectivity platform solutions in the United States, Europe, and Asia-Pacific. The company is headquartered in San Francisco, California.
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 53.37% per annum.
- RAMP price at the close of July 25, 2024 was $30.06 and was lower than the bottom border of the primary price channel by $6.17 (17.02%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 36.43% per annum.
- RAMP price at the close of July 25, 2024 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 RAMP 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: August 9, 2022
End date: April 12, 2024
a = 1.6244
b = 0.0012
s = 0.0871
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0012) – 1
= 53.37%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0871) – 1
= 41.70%
August 9, 2022 calculations
Top border of price channel:
Exp(Y765)
= Exp(a + b × X765 + 2 × s)
= Exp(a + b × 1,110 + 2 × s)
= Exp(1.6244 + 0.0012 × 1,110 + 2 × 0.0871)
= Exp(3.0993)
= $22.18
Bottom border of price channel:
Exp(Y765)
= Exp(a + b × X765 – 2 × s)
= Exp(a + b × 1,110 – 2 × s)
= Exp(1.6244 + 0.0012 × 1,110 – 2 × 0.0871)
= Exp(2.7508)
= $15.66
April 12, 2024 calculations
Top border of price channel:
Exp(Y1,186)
= Exp(a + b × X1,186 + 2 × s)
= Exp(a + b × 1,722 + 2 × s)
= Exp(1.6244 + 0.0012 × 1,722 + 2 × 0.0871)
= Exp(3.8165)
= $45.44
Bottom border of price channel:
Exp(Y1,186)
= Exp(a + b × X1,186 – 2 × s)
= Exp(a + b × 1,722 – 2 × s)
= Exp(1.6244 + 0.0012 × 1,722 – 2 × 0.0871)
= Exp(3.4679)
= $32.07
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 53.37% per annum.
- RAMP price at the close of July 25, 2024 was $30.06 and was lower than the bottom border of the primary price channel by $6.17 (17.02%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: December 21, 2023
End date: July 25, 2024
a = 5.6612
b = -0.0012
s = 0.0461
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0012) – 1
= -36.43%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0461) – 1
= 20.26%
December 21, 2023 calculations
Top border of price channel:
Exp(Y1,110)
= Exp(a + b × X1,110 + 2 × s)
= Exp(a + b × 1,609 + 2 × s)
= Exp(5.6612 + -0.0012 × 1,609 + 2 × 0.0461)
= Exp(3.7567)
= $42.81
Bottom border of price channel:
Exp(Y1,110)
= Exp(a + b × X1,110 – 2 × s)
= Exp(a + b × 1,609 – 2 × s)
= Exp(5.6612 + -0.0012 × 1,609 – 2 × 0.0461)
= Exp(3.5722)
= $35.60
July 25, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(5.6612 + -0.0012 × 1,826 + 2 × 0.0461)
= Exp(3.4875)
= $32.70
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(5.6612 + -0.0012 × 1,826 – 2 × 0.0461)
= Exp(3.3030)
= $27.19
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 36.43% per annum.
- RAMP price at the close of July 25, 2024 was inside the secondary price channel.