SEI Investments Company (SEIC)
SEI Investments Company is a publicly owned asset management portfolio company. The company is headquartered in Oaks, Pennsylvania.
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 12.39% per annum.
- SEIC price at the close of July 25, 2024 was $66.07 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 12.83% per annum.
- SEIC 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 SEIC 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 5, 2022
End date: July 25, 2024
a = 3.6204
b = 0.0003
s = 0.0553
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 12.39%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0553) – 1
= 24.77%
May 5, 2022 calculations
Top border of price channel:
Exp(Y700)
= Exp(a + b × X700 + 2 × s)
= Exp(a + b × 1,014 + 2 × s)
= Exp(3.6204 + 0.0003 × 1,014 + 2 × 0.0553)
= Exp(4.0556)
= $57.72
Bottom border of price channel:
Exp(Y700)
= Exp(a + b × X700 – 2 × s)
= Exp(a + b × 1,014 – 2 × s)
= Exp(3.6204 + 0.0003 × 1,014 – 2 × 0.0553)
= Exp(3.8343)
= $46.26
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(3.6204 + 0.0003 × 1,826 + 2 × 0.0553)
= Exp(4.3155)
= $74.85
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(3.6204 + 0.0003 × 1,826 – 2 × 0.0553)
= Exp(4.0941)
= $59.99
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 12.39% per annum.
- SEIC price at the close of July 25, 2024 was $66.07 and was inside the primary price channel.
Secondary Trend
Start date: March 4, 2024
End date: July 25, 2024
a = 4.8671
b = -0.0004
s = 0.0208
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0004) – 1
= -12.83%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0208) – 1
= 8.69%
March 4, 2024 calculations
Top border of price channel:
Exp(Y1,158)
= Exp(a + b × X1,158 + 2 × s)
= Exp(a + b × 1,683 + 2 × s)
= Exp(4.8671 + -0.0004 × 1,683 + 2 × 0.0208)
= Exp(4.2755)
= $71.92
Bottom border of price channel:
Exp(Y1,158)
= Exp(a + b × X1,158 – 2 × s)
= Exp(a + b × 1,683 – 2 × s)
= Exp(4.8671 + -0.0004 × 1,683 – 2 × 0.0208)
= Exp(4.1922)
= $66.17
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(4.8671 + -0.0004 × 1,826 + 2 × 0.0208)
= Exp(4.2217)
= $68.15
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(4.8671 + -0.0004 × 1,826 – 2 × 0.0208)
= Exp(4.1384)
= $62.70
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 12.83% per annum.
- SEIC price at the close of July 25, 2024 was inside the secondary price channel.