Viatris Inc (VTRS)
Viatris Inc. is an American global healthcare company headquartered in Canonsburg, Pennsylvania.
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 73.47% per annum.
- VTRS price at the close of April 28, 2025 was $8.25 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 770.89% per annum.
- VTRS 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 VTRS 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 20, 2024
End date: April 28, 2025
a = 7.9554
b = -0.0036
s = 0.0510
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0036) – 1
= -73.47%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0510) – 1
= 22.61%
November 20, 2024 calculations
Top border of price channel:
Exp(Y1,009)
= Exp(a + b × X1,009 + 2 × s)
= Exp(a + b × 1,465 + 2 × s)
= Exp(7.9554 + -0.0036 × 1,465 + 2 × 0.0510)
= Exp(2.7314)
= $15.35
Bottom border of price channel:
Exp(Y1,009)
= Exp(a + b × X1,009 – 2 × s)
= Exp(a + b × 1,465 – 2 × s)
= Exp(7.9554 + -0.0036 × 1,465 – 2 × 0.0510)
= Exp(2.5275)
= $12.52
April 28, 2025 calculations
Top border of price channel:
Exp(Y1,115)
= Exp(a + b × X1,115 + 2 × s)
= Exp(a + b × 1,624 + 2 × s)
= Exp(7.9554 + -0.0036 × 1,624 + 2 × 0.0510)
= Exp(2.1533)
= $8.61
Bottom border of price channel:
Exp(Y1,115)
= Exp(a + b × X1,115 – 2 × s)
= Exp(a + b × 1,624 – 2 × s)
= Exp(7.9554 + -0.0036 × 1,624 – 2 × 0.0510)
= Exp(1.9495)
= $7.03
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 73.47% per annum.
- VTRS price at the close of April 28, 2025 was $8.25 and was inside the primary price channel.
Secondary Trend
Start date: April 10, 2025
End date: April 28, 2025
a = -7.5356
b = 0.0059
s = 0.0195
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0059) – 1
= 770.89%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0195) – 1
= 8.11%
April 10, 2025 calculations
Top border of price channel:
Exp(Y1,104)
= Exp(a + b × X1,104 + 2 × s)
= Exp(a + b × 1,606 + 2 × s)
= Exp(-7.5356 + 0.0059 × 1,606 + 2 × 0.0195)
= Exp(2.0265)
= $7.59
Bottom border of price channel:
Exp(Y1,104)
= Exp(a + b × X1,104 – 2 × s)
= Exp(a + b × 1,606 – 2 × s)
= Exp(-7.5356 + 0.0059 × 1,606 – 2 × 0.0195)
= Exp(1.9485)
= $7.02
April 28, 2025 calculations
Top border of price channel:
Exp(Y1,115)
= Exp(a + b × X1,115 + 2 × s)
= Exp(a + b × 1,624 + 2 × s)
= Exp(-7.5356 + 0.0059 × 1,624 + 2 × 0.0195)
= Exp(2.1332)
= $8.44
Bottom border of price channel:
Exp(Y1,115)
= Exp(a + b × X1,115 – 2 × s)
= Exp(a + b × 1,624 – 2 × s)
= Exp(-7.5356 + 0.0059 × 1,624 – 2 × 0.0195)
= Exp(2.0552)
= $7.81
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 770.89% per annum.
- VTRS price at the close of April 28, 2025 was inside the secondary price channel.