Schrodinger Inc (SDGR)
Schrdinger, Inc. provides a physics-based software platform that enables the discovery of novel molecules for drug development and material applications. The company is headquartered in New York, New York.
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 4.37% per annum.
- SDGR price at the close of April 28, 2025 was $25.75 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 44.42% per annum.
- SDGR price at the close of April 28, 2025 was higher than the top border of the secondary price channel by $8.18 (46.59%). 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 SDGR 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: December 22, 2021
End date: April 23, 2024
a = 3.2250
b = 0.0001
s = 0.2203
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 4.37%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.2203) – 1
= 141.36%
December 22, 2021 calculations
Top border of price channel:
Exp(Y417)
= Exp(a + b × X417 + 2 × s)
= Exp(a + b × 602 + 2 × s)
= Exp(3.2250 + 0.0001 × 602 + 2 × 0.2203)
= Exp(3.7361)
= $41.94
Bottom border of price channel:
Exp(Y417)
= Exp(a + b × X417 – 2 × s)
= Exp(a + b × 602 – 2 × s)
= Exp(3.2250 + 0.0001 × 602 – 2 × 0.2203)
= Exp(2.8550)
= $17.37
April 23, 2024 calculations
Top border of price channel:
Exp(Y1,002)
= Exp(a + b × X1,002 + 2 × s)
= Exp(a + b × 1,455 + 2 × s)
= Exp(3.2250 + 0.0001 × 1,455 + 2 × 0.2203)
= Exp(3.8361)
= $46.35
Bottom border of price channel:
Exp(Y1,002)
= Exp(a + b × X1,002 – 2 × s)
= Exp(a + b × 1,455 – 2 × s)
= Exp(3.2250 + 0.0001 × 1,455 – 2 × 0.2203)
= Exp(2.9550)
= $19.20
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 4.37% per annum.
- SDGR price at the close of April 28, 2025 was $25.75 and was inside the primary price channel.
Secondary Trend
Start date: May 19, 2023
End date: November 21, 2024
a = 5.5327
b = -0.0016
s = 0.1351
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -44.42%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1351) – 1
= 71.68%
May 19, 2023 calculations
Top border of price channel:
Exp(Y770)
= Exp(a + b × X770 + 2 × s)
= Exp(a + b × 1,115 + 2 × s)
= Exp(5.5327 + -0.0016 × 1,115 + 2 × 0.1351)
= Exp(4.0086)
= $55.07
Bottom border of price channel:
Exp(Y770)
= Exp(a + b × X770 – 2 × s)
= Exp(a + b × 1,115 – 2 × s)
= Exp(5.5327 + -0.0016 × 1,115 – 2 × 0.1351)
= Exp(3.4681)
= $32.08
November 21, 2024 calculations
Top border of price channel:
Exp(Y1,150)
= Exp(a + b × X1,150 + 2 × s)
= Exp(a + b × 1,667 + 2 × s)
= Exp(5.5327 + -0.0016 × 1,667 + 2 × 0.1351)
= Exp(3.1203)
= $22.65
Bottom border of price channel:
Exp(Y1,150)
= Exp(a + b × X1,150 – 2 × s)
= Exp(a + b × 1,667 – 2 × s)
= Exp(5.5327 + -0.0016 × 1,667 – 2 × 0.1351)
= Exp(2.5798)
= $13.19
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 44.42% per annum.
- SDGR price at the close of April 28, 2025 was higher than the top border of the secondary price channel by $8.18 (46.59%). This indicates a possible reversal in the secondary trend direction.