US Foods Holding Corp (USFD)
US Foods Holding Corp. The company is headquartered in Rosemont, Illinois.
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 34.32% per annum.
- USFD price at the close of July 25, 2024 was $51.43 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 20.96% per annum.
- USFD 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 USFD 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: June 9, 2022
End date: July 25, 2024
a = 2.5232
b = 0.0008
s = 0.0686
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 34.32%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0686) – 1
= 31.57%
June 9, 2022 calculations
Top border of price channel:
Exp(Y724)
= Exp(a + b × X724 + 2 × s)
= Exp(a + b × 1,049 + 2 × s)
= Exp(2.5232 + 0.0008 × 1,049 + 2 × 0.0686)
= Exp(3.5083)
= $33.39
Bottom border of price channel:
Exp(Y724)
= Exp(a + b × X724 – 2 × s)
= Exp(a + b × 1,049 – 2 × s)
= Exp(2.5232 + 0.0008 × 1,049 – 2 × 0.0686)
= Exp(3.2339)
= $25.38
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(2.5232 + 0.0008 × 1,826 + 2 × 0.0686)
= Exp(4.1364)
= $62.58
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(2.5232 + 0.0008 × 1,826 – 2 × 0.0686)
= Exp(3.8620)
= $47.56
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 34.32% per annum.
- USFD price at the close of July 25, 2024 was $51.43 and was inside the primary price channel.
Secondary Trend
Start date: May 9, 2024
End date: July 25, 2024
a = 5.1245
b = -0.0006
s = 0.0171
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0006) – 1
= -20.96%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0171) – 1
= 7.08%
May 9, 2024 calculations
Top border of price channel:
Exp(Y1,205)
= Exp(a + b × X1,205 + 2 × s)
= Exp(a + b × 1,749 + 2 × s)
= Exp(5.1245 + -0.0006 × 1,749 + 2 × 0.0171)
= Exp(4.0318)
= $56.36
Bottom border of price channel:
Exp(Y1,205)
= Exp(a + b × X1,205 – 2 × s)
= Exp(a + b × 1,749 – 2 × s)
= Exp(5.1245 + -0.0006 × 1,749 – 2 × 0.0171)
= Exp(3.9634)
= $52.64
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(5.1245 + -0.0006 × 1,826 + 2 × 0.0171)
= Exp(3.9822)
= $53.64
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(5.1245 + -0.0006 × 1,826 – 2 × 0.0171)
= Exp(3.9138)
= $50.09
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 20.96% per annum.
- USFD price at the close of July 25, 2024 was inside the secondary price channel.