Zoetis Inc (ZTS)
Zoetis Inc. (ZTS) is a leading global animal health company dedicated to advancing the health and well-being of livestock and companion animals. As the world's largest producer of medicines and vaccines for pets and livestock, Zoetis leverages innovative research and development to deliver a comprehensive portfolio of products that enhance the productivity of animal farming and improve the health of pets worldwide. With a strong commitment to sustainability and animal welfare, the company positions itself as a vital partner in agriculture and veterinary care, driving growth in a robust market characterized by rising demand for high-quality animal health solutions.
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 19.14% per annum.
- ZTS price at the close of November 17, 2025 was $118.80 and was lower than the bottom border of the primary price channel by $13.00 (9.87%).
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 35.99% per annum.
- ZTS price at the close of November 17, 2025 was lower than the bottom border of the secondary price channel by $3.65 (2.98%).
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 ZTS 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 6, 2024
End date: November 3, 2025
a = 6.0159
b = -0.0006
s = 0.0363
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0006) – 1
= -19.14%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0363) – 1
= 15.63%
August 6, 2024 calculations
Top border of price channel:
Exp(Y932)
= Exp(a + b × X932 + 2 × s)
= Exp(a + b × 1,357 + 2 × s)
= Exp(6.0159 + -0.0006 × 1,357 + 2 × 0.0363)
= Exp(5.2989)
= $200.11
Bottom border of price channel:
Exp(Y932)
= Exp(a + b × X932 – 2 × s)
= Exp(a + b × 1,357 – 2 × s)
= Exp(6.0159 + -0.0006 × 1,357 – 2 × 0.0363)
= Exp(5.1536)
= $173.06
November 3, 2025 calculations
Top border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 + 2 × s)
= Exp(a + b × 1,811 + 2 × s)
= Exp(6.0159 + -0.0006 × 1,811 + 2 × 0.0363)
= Exp(5.0347)
= $153.65
Bottom border of price channel:
Exp(Y1,244)
= Exp(a + b × X1,244 – 2 × s)
= Exp(a + b × 1,811 – 2 × s)
= Exp(6.0159 + -0.0006 × 1,811 – 2 × 0.0363)
= Exp(4.8895)
= $132.88
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 19.14% per annum.
- ZTS price at the close of November 17, 2025 was $118.80 and was lower than the bottom border of the primary price channel by $13.00 (9.87%).
Secondary Trend
Start date: May 16, 2025
End date: November 17, 2025
a = 7.1250
b = -0.0012
s = 0.0435
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0012) – 1
= -35.99%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0435) – 1
= 18.99%
May 16, 2025 calculations
Top border of price channel:
Exp(Y1,127)
= Exp(a + b × X1,127 + 2 × s)
= Exp(a + b × 1,640 + 2 × s)
= Exp(7.1250 + -0.0012 × 1,640 + 2 × 0.0435)
= Exp(5.2076)
= $182.66
Bottom border of price channel:
Exp(Y1,127)
= Exp(a + b × X1,127 – 2 × s)
= Exp(a + b × 1,640 – 2 × s)
= Exp(7.1250 + -0.0012 × 1,640 – 2 × 0.0435)
= Exp(5.0338)
= $153.51
November 17, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(7.1250 + -0.0012 × 1,825 + 2 × 0.0435)
= Exp(4.9815)
= $145.70
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.1250 + -0.0012 × 1,825 – 2 × 0.0435)
= Exp(4.8077)
= $122.45
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 35.99% per annum.
- ZTS price at the close of November 17, 2025 was lower than the bottom border of the secondary price channel by $3.65 (2.98%).