Stock Price Trends

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 96.27% per annum.
  • TPR price at the close of February 9, 2026 was $154.65 and was inside the primary price channel.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 125.20% per annum.
  • TPR price at the close of February 9, 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 6, 2023
End date: February 9, 2026

a = 1.5133

b = 0.0018

s = 0.1209

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0018) – 1
= 96.27%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.1209) – 1
= 62.17%

September 6, 2023 calculations

Top border of price channel:

Exp(Y646)
= Exp(a + b × X646 + 2 × s)
= Exp(a + b × 938 + 2 × s)
= Exp(1.5133 + 0.0018 × 938 + 2 × 0.1209)
= Exp(3.4879)
= $32.72

Bottom border of price channel:

Exp(Y646)
= Exp(a + b × X646 – 2 × s)
= Exp(a + b × 938 – 2 × s)
= Exp(1.5133 + 0.0018 × 938 – 2 × 0.1209)
= Exp(3.0044)
= $20.18

February 9, 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(1.5133 + 0.0018 × 1,825 + 2 × 0.1209)
= Exp(5.1266)
= $168.45

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(1.5133 + 0.0018 × 1,825 – 2 × 0.1209)
= Exp(4.6431)
= $103.87

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 96.27% per annum.
  • TPR price at the close of February 9, 2026 was $154.65 and was inside the primary price channel.

Secondary Trend

Start date: June 18, 2024
End date: February 9, 2026

a = 0.9130

b = 0.0022

s = 0.1014

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0022) – 1
= 125.20%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.1014) – 1
= 50.05%

June 18, 2024 calculations

Top border of price channel:

Exp(Y843)
= Exp(a + b × X843 + 2 × s)
= Exp(a + b × 1,224 + 2 × s)
= Exp(0.9130 + 0.0022 × 1,224 + 2 × 0.1014)
= Exp(3.8382)
= $46.44

Bottom border of price channel:

Exp(Y843)
= Exp(a + b × X843 – 2 × s)
= Exp(a + b × 1,224 – 2 × s)
= Exp(0.9130 + 0.0022 × 1,224 – 2 × 0.1014)
= Exp(3.4325)
= $30.95

February 9, 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(0.9130 + 0.0022 × 1,825 + 2 × 0.1014)
= Exp(5.1749)
= $176.79

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(0.9130 + 0.0022 × 1,825 – 2 × 0.1014)
= Exp(4.7692)
= $117.82

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 125.20% per annum.
  • TPR price at the close of February 9, 2026 was inside the secondary price channel.