Sabre Corpo (SABR)
Saber Corporation, through its subsidiary, Saber Holdings Corporation, provides software and technology solutions for the global travel industry. The company is headquartered in Southlake, Texas.
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 45.21% per annum.
- SABR price at the close of May 10, 2024 was $2.85 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 962.37% per annum.
- SABR price at the close of May 10, 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 SABR 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 19, 2021
End date: August 2, 2023
a = 3.8444
b = -0.0016
s = 0.1477
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -45.21%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1477) – 1
= 80.56%
February 19, 2021 calculations
Top border of price channel:
Exp(Y447)
= Exp(a + b × X447 + 2 × s)
= Exp(a + b × 648 + 2 × s)
= Exp(3.8444 + -0.0016 × 648 + 2 × 0.1477)
= Exp(3.0717)
= $21.58
Bottom border of price channel:
Exp(Y447)
= Exp(a + b × X447 – 2 × s)
= Exp(a + b × 648 – 2 × s)
= Exp(3.8444 + -0.0016 × 648 – 2 × 0.1477)
= Exp(2.4807)
= $11.95
August 2, 2023 calculations
Top border of price channel:
Exp(Y1,063)
= Exp(a + b × X1,063 + 2 × s)
= Exp(a + b × 1,542 + 2 × s)
= Exp(3.8444 + -0.0016 × 1,542 + 2 × 0.1477)
= Exp(1.5979)
= $4.94
Bottom border of price channel:
Exp(Y1,063)
= Exp(a + b × X1,063 – 2 × s)
= Exp(a + b × 1,542 – 2 × s)
= Exp(3.8444 + -0.0016 × 1,542 – 2 × 0.1477)
= Exp(1.0069)
= $2.74
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 45.21% per annum.
- SABR price at the close of May 10, 2024 was $2.85 and was inside the primary price channel.
Secondary Trend
Start date: March 5, 2024
End date: May 2, 2024
a = -10.6801
b = 0.0065
s = 0.0556
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0065) – 1
= 962.37%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0556) – 1
= 24.89%
March 5, 2024 calculations
Top border of price channel:
Exp(Y1,211)
= Exp(a + b × X1,211 + 2 × s)
= Exp(a + b × 1,758 + 2 × s)
= Exp(-10.6801 + 0.0065 × 1,758 + 2 × 0.0556)
= Exp(0.8127)
= $2.25
Bottom border of price channel:
Exp(Y1,211)
= Exp(a + b × X1,211 – 2 × s)
= Exp(a + b × 1,758 – 2 × s)
= Exp(-10.6801 + 0.0065 × 1,758 – 2 × 0.0556)
= Exp(0.5904)
= $1.80
May 2, 2024 calculations
Top border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 + 2 × s)
= Exp(a + b × 1,816 + 2 × s)
= Exp(-10.6801 + 0.0065 × 1,816 + 2 × 0.0556)
= Exp(1.1882)
= $3.28
Bottom border of price channel:
Exp(Y1,252)
= Exp(a + b × X1,252 – 2 × s)
= Exp(a + b × 1,816 – 2 × s)
= Exp(-10.6801 + 0.0065 × 1,816 – 2 × 0.0556)
= Exp(0.9659)
= $2.63
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 962.37% per annum.
- SABR price at the close of May 10, 2024 was inside the secondary price channel.