Tapestry Inc (TPR)
Tapestry, Inc. is an American multinational luxury fashion holding company. It is based in New York City and is the parent company of three major brands: Coach New York, Kate Spade New York and Stuart Weitzman.
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 98.12% per annum.
- TPR price at the close of March 24, 2026 was $144.02 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 124.54% per annum.
- TPR price at the close of March 24, 2026 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 TPR 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 7, 2023
End date: March 24, 2026
a = 1.5587
b = 0.0019
s = 0.1197
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0019) – 1
= 98.12%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1197) – 1
= 61.43%
September 7, 2023 calculations
Top border of price channel:
Exp(Y617)
= Exp(a + b × X617 + 2 × s)
= Exp(a + b × 896 + 2 × s)
= Exp(1.5587 + 0.0019 × 896 + 2 × 0.1197)
= Exp(3.4765)
= $32.35
Bottom border of price channel:
Exp(Y617)
= Exp(a + b × X617 – 2 × s)
= Exp(a + b × 896 – 2 × s)
= Exp(1.5587 + 0.0019 × 896 – 2 × 0.1197)
= Exp(2.9976)
= $20.04
March 24, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(1.5587 + 0.0019 × 1,825 + 2 × 0.1197)
= Exp(5.2166)
= $184.32
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(1.5587 + 0.0019 × 1,825 – 2 × 0.1197)
= Exp(4.7377)
= $114.18
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 98.12% per annum.
- TPR price at the close of March 24, 2026 was $144.02 and was inside the primary price channel.
Secondary Trend
Start date: June 18, 2024
End date: March 24, 2026
a = 1.0171
b = 0.0022
s = 0.0993
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0022) – 1
= 124.54%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0993) – 1
= 48.79%
June 18, 2024 calculations
Top border of price channel:
Exp(Y813)
= Exp(a + b × X813 + 2 × s)
= Exp(a + b × 1,181 + 2 × s)
= Exp(1.0171 + 0.0022 × 1,181 + 2 × 0.0993)
= Exp(3.8331)
= $46.20
Bottom border of price channel:
Exp(Y813)
= Exp(a + b × X813 – 2 × s)
= Exp(a + b × 1,181 – 2 × s)
= Exp(1.0171 + 0.0022 × 1,181 – 2 × 0.0993)
= Exp(3.4357)
= $31.05
March 24, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(1.0171 + 0.0022 × 1,825 + 2 × 0.0993)
= Exp(5.2603)
= $192.53
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(1.0171 + 0.0022 × 1,825 – 2 × 0.0993)
= Exp(4.8629)
= $129.40
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 124.54% per annum.
- TPR price at the close of March 24, 2026 was inside the secondary price channel.