Wolverine World Wide Inc (WWW)
Wolverine World Wide, Inc. is a leading global footwear and apparel company, renowned for its diverse portfolio of well-established brands, including Merrell, Hush Puppies, and Saucony. Headquartered in Rockford, Michigan, the company designs, manufactures, and markets a wide range of products across various international markets, including the United States, Europe, and Asia-Pacific regions. With a strong commitment to innovation and sustainability, Wolverine continually adapts to customer needs while leveraging its extensive distribution network to drive growth and enhance brand presence worldwide.
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 127.00% per annum.
- WWW price at the close of October 27, 2025 was $24.85 and was lower than the bottom border of the primary price channel by $6.49 (20.72%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 87.70% per annum.
- WWW price at the close of October 27, 2025 was higher than the top border of the secondary price channel by $0.33 (1.35%). This indicates a possible reversal in the secondary trend direction.
- 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 WWW 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: August 10, 2023
End date: February 11, 2025
a = -0.4339
b = 0.0022
s = 0.1100
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0022) – 1
= 127.00%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1100) – 1
= 55.26%
August 10, 2023 calculations
Top border of price channel:
Exp(Y699)
= Exp(a + b × X699 + 2 × s)
= Exp(a + b × 1,016 + 2 × s)
= Exp(-0.4339 + 0.0022 × 1,016 + 2 × 0.1100)
= Exp(2.0680)
= $7.91
Bottom border of price channel:
Exp(Y699)
= Exp(a + b × X699 – 2 × s)
= Exp(a + b × 1,016 – 2 × s)
= Exp(-0.4339 + 0.0022 × 1,016 – 2 × 0.1100)
= Exp(1.6280)
= $5.09
February 11, 2025 calculations
Top border of price channel:
Exp(Y1,076)
= Exp(a + b × X1,076 + 2 × s)
= Exp(a + b × 1,567 + 2 × s)
= Exp(-0.4339 + 0.0022 × 1,567 + 2 × 0.1100)
= Exp(3.3055)
= $27.26
Bottom border of price channel:
Exp(Y1,076)
= Exp(a + b × X1,076 – 2 × s)
= Exp(a + b × 1,567 – 2 × s)
= Exp(-0.4339 + 0.0022 × 1,567 – 2 × 0.1100)
= Exp(2.8656)
= $17.56
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 127.00% per annum.
- WWW price at the close of October 27, 2025 was $24.85 and was lower than the bottom border of the primary price channel by $6.49 (20.72%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: August 26, 2025
End date: October 14, 2025
a = 13.6218
b = -0.0057
s = 0.0271
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0057) – 1
= -87.70%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0271) – 1
= 11.47%
August 26, 2025 calculations
Top border of price channel:
Exp(Y1,211)
= Exp(a + b × X1,211 + 2 × s)
= Exp(a + b × 1,763 + 2 × s)
= Exp(13.6218 + -0.0057 × 1,763 + 2 × 0.0271)
= Exp(3.5554)
= $35.00
Bottom border of price channel:
Exp(Y1,211)
= Exp(a + b × X1,211 – 2 × s)
= Exp(a + b × 1,763 – 2 × s)
= Exp(13.6218 + -0.0057 × 1,763 – 2 × 0.0271)
= Exp(3.4468)
= $31.40
October 14, 2025 calculations
Top border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 + 2 × s)
= Exp(a + b × 1,812 + 2 × s)
= Exp(13.6218 + -0.0057 × 1,812 + 2 × 0.0271)
= Exp(3.2741)
= $26.42
Bottom border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 – 2 × s)
= Exp(a + b × 1,812 – 2 × s)
= Exp(13.6218 + -0.0057 × 1,812 – 2 × 0.0271)
= Exp(3.1656)
= $23.70
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 87.70% per annum.
- WWW price at the close of October 27, 2025 was higher than the top border of the secondary price channel by $0.33 (1.35%). This indicates a possible reversal in the secondary trend direction.