VF Corporation (VFC)
VF Corporation is an American worldwide apparel and footwear company founded in 1899 and headquartered in Denver, Colorado. The company's more than 30 brands are organized into three categories: Outdoor, Active and Work.
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 10.37% per annum.
- VFC price at the close of April 28, 2025 was $11.57 and was lower than the bottom border of the primary price channel by $1.84 (13.70%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 98.59% per annum.
- VFC price at the close of April 28, 2025 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 VFC 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 16, 2023
End date: April 2, 2025
a = 2.4502
b = 0.0003
s = 0.1738
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 10.37%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1738) – 1
= 100.45%
May 16, 2023 calculations
Top border of price channel:
Exp(Y767)
= Exp(a + b × X767 + 2 × s)
= Exp(a + b × 1,112 + 2 × s)
= Exp(2.4502 + 0.0003 × 1,112 + 2 × 0.1738)
= Exp(3.0984)
= $22.16
Bottom border of price channel:
Exp(Y767)
= Exp(a + b × X767 – 2 × s)
= Exp(a + b × 1,112 – 2 × s)
= Exp(2.4502 + 0.0003 × 1,112 – 2 × 0.1738)
= Exp(2.4030)
= $11.06
April 2, 2025 calculations
Top border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 + 2 × s)
= Exp(a + b × 1,799 + 2 × s)
= Exp(2.4502 + 0.0003 × 1,799 + 2 × 0.1738)
= Exp(3.2841)
= $26.68
Bottom border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 – 2 × s)
= Exp(a + b × 1,799 – 2 × s)
= Exp(2.4502 + 0.0003 × 1,799 – 2 × 0.1738)
= Exp(2.5887)
= $13.31
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 10.37% per annum.
- VFC price at the close of April 28, 2025 was $11.57 and was lower than the bottom border of the primary price channel by $1.84 (13.70%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: January 24, 2025
End date: April 28, 2025
a = 23.6361
b = -0.0117
s = 0.1152
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0117) – 1
= -98.59%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1152) – 1
= 58.56%
January 24, 2025 calculations
Top border of price channel:
Exp(Y1,191)
= Exp(a + b × X1,191 + 2 × s)
= Exp(a + b × 1,731 + 2 × s)
= Exp(23.6361 + -0.0117 × 1,731 + 2 × 0.1152)
= Exp(3.6597)
= $38.85
Bottom border of price channel:
Exp(Y1,191)
= Exp(a + b × X1,191 – 2 × s)
= Exp(a + b × 1,731 – 2 × s)
= Exp(23.6361 + -0.0117 × 1,731 – 2 × 0.1152)
= Exp(3.1987)
= $24.50
April 28, 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(23.6361 + -0.0117 × 1,825 + 2 × 0.1152)
= Exp(2.5623)
= $12.97
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(23.6361 + -0.0117 × 1,825 – 2 × 0.1152)
= Exp(2.1014)
= $8.18
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 98.59% per annum.
- VFC price at the close of April 28, 2025 was inside the secondary price channel.