US Physicalrapy Inc (USPH)
US Physical Therapy, Inc. operates outpatient physical therapy clinics that provide preoperative and postoperative care and treatment for orthopedic-related disorders, sports-related injuries, preventive care, injured worker rehabilitation, and neurology-related injuries. The company is headquartered in Houston, 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 58.54% per annum.
- USPH price at the close of April 29, 2025 was $71.60 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 71.22% per annum.
- USPH price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $1.34 (1.90%). This indicates a possible reversal in the secondary trend direction.
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 USPH 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: November 21, 2024
End date: April 29, 2025
a = 8.6318
b = -0.0024
s = 0.0374
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0024) – 1
= -58.54%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0374) – 1
= 16.15%
November 21, 2024 calculations
Top border of price channel:
Exp(Y1,149)
= Exp(a + b × X1,149 + 2 × s)
= Exp(a + b × 1,666 + 2 × s)
= Exp(8.6318 + -0.0024 × 1,666 + 2 × 0.0374)
= Exp(4.6881)
= $108.64
Bottom border of price channel:
Exp(Y1,149)
= Exp(a + b × X1,149 – 2 × s)
= Exp(a + b × 1,666 – 2 × s)
= Exp(8.6318 + -0.0024 × 1,666 – 2 × 0.0374)
= Exp(4.5384)
= $93.54
April 29, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(8.6318 + -0.0024 × 1,825 + 2 × 0.0374)
= Exp(4.3046)
= $74.04
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(8.6318 + -0.0024 × 1,825 – 2 × 0.0374)
= Exp(4.1549)
= $63.74
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 58.54% per annum.
- USPH price at the close of April 29, 2025 was $71.60 and was inside the primary price channel.
Secondary Trend
Start date: January 22, 2025
End date: April 29, 2025
a = 10.4170
b = -0.0034
s = 0.0310
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0034) – 1
= -71.22%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0310) – 1
= 13.19%
January 22, 2025 calculations
Top border of price channel:
Exp(Y1,188)
= Exp(a + b × X1,188 + 2 × s)
= Exp(a + b × 1,728 + 2 × s)
= Exp(10.4170 + -0.0034 × 1,728 + 2 × 0.0310)
= Exp(4.5832)
= $97.83
Bottom border of price channel:
Exp(Y1,188)
= Exp(a + b × X1,188 – 2 × s)
= Exp(a + b × 1,728 – 2 × s)
= Exp(10.4170 + -0.0034 × 1,728 – 2 × 0.0310)
= Exp(4.4593)
= $86.43
April 29, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(10.4170 + -0.0034 × 1,825 + 2 × 0.0310)
= Exp(4.2523)
= $70.26
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(10.4170 + -0.0034 × 1,825 – 2 × 0.0310)
= Exp(4.1284)
= $62.08
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 71.22% per annum.
- USPH price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $1.34 (1.90%). This indicates a possible reversal in the secondary trend direction.