RBC Bearings Incorporated (RBC)
Regal Beloit Corporation designs, manufactures and sells electric motors, electric motion controls, and power generation and transmission products worldwide. The company is headquartered in Beloit, Wisconsin.
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 28.54% per annum.
- RBC price at the close of April 29, 2025 was $329.31 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 56.59% per annum.
- RBC price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $11.90 (3.75%). This indicates a possible reversal in the secondary trend direction.
- 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 RBC 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: May 9, 2023
End date: April 2, 2025
a = 4.5994
b = 0.0007
s = 0.0528
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 28.54%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0528) – 1
= 23.52%
May 9, 2023 calculations
Top border of price channel:
Exp(Y761)
= Exp(a + b × X761 + 2 × s)
= Exp(a + b × 1,104 + 2 × s)
= Exp(4.5994 + 0.0007 × 1,104 + 2 × 0.0528)
= Exp(5.4644)
= $236.13
Bottom border of price channel:
Exp(Y761)
= Exp(a + b × X761 – 2 × s)
= Exp(a + b × 1,104 – 2 × s)
= Exp(4.5994 + 0.0007 × 1,104 – 2 × 0.0528)
= Exp(5.2532)
= $191.18
April 2, 2025 calculations
Top border of price channel:
Exp(Y1,237)
= Exp(a + b × X1,237 + 2 × s)
= Exp(a + b × 1,798 + 2 × s)
= Exp(4.5994 + 0.0007 × 1,798 + 2 × 0.0528)
= Exp(5.9418)
= $380.62
Bottom border of price channel:
Exp(Y1,237)
= Exp(a + b × X1,237 – 2 × s)
= Exp(a + b × 1,798 – 2 × s)
= Exp(4.5994 + 0.0007 × 1,798 – 2 × 0.0528)
= Exp(5.7306)
= $308.15
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 28.54% per annum.
- RBC price at the close of April 29, 2025 was $329.31 and was inside the primary price channel.
Secondary Trend
Start date: February 3, 2025
End date: April 3, 2025
a = 9.9006
b = -0.0023
s = 0.0160
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0023) – 1
= -56.59%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0160) – 1
= 6.59%
February 3, 2025 calculations
Top border of price channel:
Exp(Y1,196)
= Exp(a + b × X1,196 + 2 × s)
= Exp(a + b × 1,740 + 2 × s)
= Exp(9.9006 + -0.0023 × 1,740 + 2 × 0.0160)
= Exp(5.9545)
= $385.49
Bottom border of price channel:
Exp(Y1,196)
= Exp(a + b × X1,196 – 2 × s)
= Exp(a + b × 1,740 – 2 × s)
= Exp(9.9006 + -0.0023 × 1,740 – 2 × 0.0160)
= Exp(5.8907)
= $361.66
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 + 2 × s)
= Exp(a + b × 1,799 + 2 × s)
= Exp(9.9006 + -0.0023 × 1,799 + 2 × 0.0160)
= Exp(5.8196)
= $336.85
Bottom border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 – 2 × s)
= Exp(a + b × 1,799 – 2 × s)
= Exp(9.9006 + -0.0023 × 1,799 – 2 × 0.0160)
= Exp(5.7558)
= $316.03
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 56.59% per annum.
- RBC price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $11.90 (3.75%). This indicates a possible reversal in the secondary trend direction.