Walker & Dunlop Inc (WD)
Walker & Dunlop, Inc. originates, sells and services a variety of commercial and multifamily real estate financing products and services for real estate owners and developers in the United States. The company is headquartered in Bethesda, Maryland.
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 50.99% per annum.
- WD price at the close of April 28, 2025 was $76.63 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 81.89% per annum.
- WD price at the close of April 28, 2025 was inside the secondary price channel.
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 WD 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: September 23, 2024
End date: April 28, 2025
a = 7.9071
b = -0.0020
s = 0.0410
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0020) – 1
= -50.99%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0410) – 1
= 17.80%
September 23, 2024 calculations
Top border of price channel:
Exp(Y1,107)
= Exp(a + b × X1,107 + 2 × s)
= Exp(a + b × 1,608 + 2 × s)
= Exp(7.9071 + -0.0020 × 1,608 + 2 × 0.0410)
= Exp(4.8476)
= $127.44
Bottom border of price channel:
Exp(Y1,107)
= Exp(a + b × X1,107 – 2 × s)
= Exp(a + b × 1,608 – 2 × s)
= Exp(7.9071 + -0.0020 × 1,608 – 2 × 0.0410)
= Exp(4.6838)
= $108.18
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(7.9071 + -0.0020 × 1,825 + 2 × 0.0410)
= Exp(4.4237)
= $83.40
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.9071 + -0.0020 × 1,825 – 2 × 0.0410)
= Exp(4.2599)
= $70.80
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 50.99% per annum.
- WD price at the close of April 28, 2025 was $76.63 and was inside the primary price channel.
Secondary Trend
Start date: March 14, 2025
End date: April 28, 2025
a = 12.8170
b = -0.0047
s = 0.0356
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0047) – 1
= -81.89%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0356) – 1
= 15.29%
March 14, 2025 calculations
Top border of price channel:
Exp(Y1,225)
= Exp(a + b × X1,225 + 2 × s)
= Exp(a + b × 1,780 + 2 × s)
= Exp(12.8170 + -0.0047 × 1,780 + 2 × 0.0356)
= Exp(4.5552)
= $95.13
Bottom border of price channel:
Exp(Y1,225)
= Exp(a + b × X1,225 – 2 × s)
= Exp(a + b × 1,780 – 2 × s)
= Exp(12.8170 + -0.0047 × 1,780 – 2 × 0.0356)
= Exp(4.4129)
= $82.51
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(12.8170 + -0.0047 × 1,825 + 2 × 0.0356)
= Exp(4.3446)
= $77.06
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(12.8170 + -0.0047 × 1,825 – 2 × 0.0356)
= Exp(4.2023)
= $66.84
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 81.89% per annum.
- WD price at the close of April 28, 2025 was inside the secondary price channel.