W P Carey Inc (WPC)
WP Carey is among the largest net-lease REITs with an enterprise value of approximately $ 18 billion and a diversified portfolio of operationally critical commercial real estate that includes 1,215 net-lease properties covering approximately 142 million square feet as of March 30. September 2020.
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 15.21% per annum.
- WPC price at the close of August 15, 2025 was $65.13 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 32.52% per annum.
- WPC price at the close of August 15, 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 WPC 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: February 9, 2024
End date: August 15, 2025
a = 3.4303
b = 0.0004
s = 0.0420
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0004) – 1
= 15.21%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0420) – 1
= 18.29%
February 9, 2024 calculations
Top border of price channel:
Exp(Y875)
= Exp(a + b × X875 + 2 × s)
= Exp(a + b × 1,270 + 2 × s)
= Exp(3.4303 + 0.0004 × 1,270 + 2 × 0.0420)
= Exp(4.0069)
= $54.98
Bottom border of price channel:
Exp(Y875)
= Exp(a + b × X875 – 2 × s)
= Exp(a + b × 1,270 – 2 × s)
= Exp(3.4303 + 0.0004 × 1,270 – 2 × 0.0420)
= Exp(3.8389)
= $46.48
August 15, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(3.4303 + 0.0004 × 1,823 + 2 × 0.0420)
= Exp(4.2214)
= $68.13
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(3.4303 + 0.0004 × 1,823 – 2 × 0.0420)
= Exp(4.0534)
= $57.59
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 15.21% per annum.
- WPC price at the close of August 15, 2025 was $65.13 and was inside the primary price channel.
Secondary Trend
Start date: October 30, 2024
End date: August 15, 2025
a = 2.7738
b = 0.0008
s = 0.0329
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 32.52%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0329) – 1
= 14.05%
October 30, 2024 calculations
Top border of price channel:
Exp(Y1,057)
= Exp(a + b × X1,057 + 2 × s)
= Exp(a + b × 1,534 + 2 × s)
= Exp(2.7738 + 0.0008 × 1,534 + 2 × 0.0329)
= Exp(4.0228)
= $55.86
Bottom border of price channel:
Exp(Y1,057)
= Exp(a + b × X1,057 – 2 × s)
= Exp(a + b × 1,534 – 2 × s)
= Exp(2.7738 + 0.0008 × 1,534 – 2 × 0.0329)
= Exp(3.8913)
= $48.98
August 15, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(2.7738 + 0.0008 × 1,823 + 2 × 0.0329)
= Exp(4.2457)
= $69.81
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(2.7738 + 0.0008 × 1,823 – 2 × 0.0329)
= Exp(4.1143)
= $61.21
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 32.52% per annum.
- WPC price at the close of August 15, 2025 was inside the secondary price channel.