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 55.82% per annum.
- RAMP price at the close of May 9, 2024 was $32.70 and was lower than the bottom border of the primary price channel by $1.01 (3.00%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 55.64% per annum.
- RAMP price at the close of May 9, 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 22, 2022
End date: April 11, 2024
a = 1.4655
b = 0.0012
s = 0.0833
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0012) – 1
= 55.82%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0833) – 1
= 39.55%
August 22, 2022 calculations
Top border of price channel:
Exp(Y827)
= Exp(a + b × X827 + 2 × s)
= Exp(a + b × 1,200 + 2 × s)
= Exp(1.4655 + 0.0012 × 1,200 + 2 × 0.0833)
= Exp(3.0903)
= $21.98
Bottom border of price channel:
Exp(Y827)
= Exp(a + b × X827 – 2 × s)
= Exp(a + b × 1,200 – 2 × s)
= Exp(1.4655 + 0.0012 × 1,200 – 2 × 0.0833)
= Exp(2.7571)
= $15.75
April 11, 2024 calculations
Top border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 + 2 × s)
= Exp(a + b × 1,798 + 2 × s)
= Exp(1.4655 + 0.0012 × 1,798 + 2 × 0.0833)
= Exp(3.8170)
= $45.47
Bottom border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 – 2 × s)
= Exp(a + b × 1,798 – 2 × s)
= Exp(1.4655 + 0.0012 × 1,798 – 2 × 0.0833)
= Exp(3.4838)
= $32.58
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 55.82% per annum.
- RAMP price at the close of May 9, 2024 was $32.70 and was lower than the bottom border of the primary price channel by $1.01 (3.00%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: January 18, 2024
End date: May 9, 2024
a = 7.5089
b = -0.0022
s = 0.0358
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0022) – 1
= -55.64%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0358) – 1
= 15.39%
January 18, 2024 calculations
Top border of price channel:
Exp(Y1,180)
= Exp(a + b × X1,180 + 2 × s)
= Exp(a + b × 1,714 + 2 × s)
= Exp(7.5089 + -0.0022 × 1,714 + 2 × 0.0358)
= Exp(3.7635)
= $43.10
Bottom border of price channel:
Exp(Y1,180)
= Exp(a + b × X1,180 – 2 × s)
= Exp(a + b × 1,714 – 2 × s)
= Exp(7.5089 + -0.0022 × 1,714 – 2 × 0.0358)
= Exp(3.6204)
= $37.35
May 9, 2024 calculations
Top border of price channel:
Exp(Y1,258)
= Exp(a + b × X1,258 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(7.5089 + -0.0022 × 1,826 + 2 × 0.0358)
= Exp(3.5141)
= $33.59
Bottom border of price channel:
Exp(Y1,258)
= Exp(a + b × X1,258 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(7.5089 + -0.0022 × 1,826 – 2 × 0.0358)
= Exp(3.3710)
= $29.11
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 55.64% per annum.
- RAMP price at the close of May 9, 2024 was inside the secondary price channel.