Tapestry Stock Market Value

TPR Stock  USD 46.68  1.27  2.80%   
Tapestry's market value is the price at which a share of Tapestry trades on a public exchange. It measures the collective expectations of Tapestry investors about its performance. Tapestry is selling at 46.68 as of the 28th of March 2024; that is 2.80 percent increase since the beginning of the trading day. The stock's lowest day price was 45.74.
With this module, you can estimate the performance of a buy and hold strategy of Tapestry and determine expected loss or profit from investing in Tapestry over a given investment horizon. Check out Tapestry Correlation, Tapestry Volatility and Tapestry Alpha and Beta module to complement your research on Tapestry.
To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.
Symbol

Tapestry Price To Book Ratio

Is Tapestry's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tapestry. If investors know Tapestry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tapestry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.022
Dividend Share
1.3
Earnings Share
3.97
Revenue Per Share
29.17
Quarterly Revenue Growth
0.029
The market value of Tapestry is measured differently than its book value, which is the value of Tapestry that is recorded on the company's balance sheet. Investors also form their own opinion of Tapestry's value that differs from its market value or its book value, called intrinsic value, which is Tapestry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tapestry's market value can be influenced by many factors that don't directly affect Tapestry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tapestry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tapestry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tapestry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Tapestry 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tapestry's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tapestry.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Tapestry on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Tapestry or generate 0.0% return on investment in Tapestry over 30 days. Tapestry is related to or competes with Malibu Boats, MCBC Holdings, Brunswick, BRP, and Callaway Golf. Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, an... More

Tapestry Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tapestry's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tapestry upside and downside potential and time the market with a certain degree of confidence.

Tapestry Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tapestry's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tapestry's standard deviation. In reality, there are many statistical measures that can use Tapestry historical prices to predict the future Tapestry's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tapestry's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
44.7646.6548.54
Details
Intrinsic
Valuation
LowRealHigh
42.0149.9151.80
Details
Naive
Forecast
LowNextHigh
45.5647.4549.34
Details
22 Analysts
Consensus
LowTargetHigh
41.9846.1351.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tapestry. Your research has to be compared to or analyzed against Tapestry's peers to derive any actionable benefits. When done correctly, Tapestry's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tapestry.

Tapestry Backtested Returns

Tapestry appears to be very steady, given 3 months investment horizon. Tapestry owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tapestry, which you can use to evaluate the volatility of the company. Please review Tapestry's Coefficient Of Variation of 516.29, risk adjusted performance of 0.1146, and Semi Deviation of 1.35 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tapestry holds a performance score of 17. The entity has a beta of 1.73, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tapestry will likely underperform. Please check Tapestry's total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power , to make a quick decision on whether Tapestry's existing price patterns will revert.

Auto-correlation

    
  0.21  

Weak predictability

Tapestry has weak predictability. Overlapping area represents the amount of predictability between Tapestry time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tapestry price movement. The serial correlation of 0.21 indicates that over 21.0% of current Tapestry price fluctuation can be explain by its past prices.
Correlation Coefficient0.21
Spearman Rank Test0.2
Residual Average0.0
Price Variance0.63

Tapestry lagged returns against current returns

Autocorrelation, which is Tapestry stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Tapestry's stock expected returns. We can calculate the autocorrelation of Tapestry returns to help us make a trade decision. For example, suppose you find that Tapestry has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Tapestry regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Tapestry stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tapestry stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tapestry stock over time.
   Current vs Lagged Prices   
       Timeline  

Tapestry Lagged Returns

When evaluating Tapestry's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tapestry stock have on its future price. Tapestry autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Tapestry autocorrelation shows the relationship between Tapestry stock current value and its past values and can show if there is a momentum factor associated with investing in Tapestry.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

When determining whether Tapestry is a strong investment it is important to analyze Tapestry's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tapestry's future performance. For an informed investment choice regarding Tapestry Stock, refer to the following important reports:
Check out Tapestry Correlation, Tapestry Volatility and Tapestry Alpha and Beta module to complement your research on Tapestry.
To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Tapestry's price analysis, check to measure Tapestry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tapestry is operating at the current time. Most of Tapestry's value examination focuses on studying past and present price action to predict the probability of Tapestry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tapestry's price. Additionally, you may evaluate how the addition of Tapestry to your portfolios can decrease your overall portfolio volatility.
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Tapestry technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Tapestry technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tapestry trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...