Tapestry Stock Price on April 28, 2024
| TPR Stock | USD 42.11 0.76 1.84% |
Below is the normalized historical share price chart for Tapestry extending back to October 05, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tapestry stands at 42.11, as last reported on the 15th of May 2024, with the highest price reaching 42.37 and the lowest price hitting 41.76 during the day.
If you're considering investing in Tapestry Stock, it is important to understand the factors that can impact its price. Tapestry owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0574, which indicates the firm had a -0.0574% return per unit of risk over the last 3 months. Tapestry exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tapestry's Semi Deviation of 1.78, coefficient of variation of 5773.72, and Risk Adjusted Performance of 0.0173 to confirm the risk estimate we provide.
At this time, Tapestry's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 05/15/2024, Liabilities And Stockholders Equity is likely to grow to about 8.6 B, while Other Stockholder Equity is likely to drop slightly above 2.2 B. . At this time, Tapestry's Price Fair Value is relatively stable compared to the past year. Tapestry Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of October 2000 | 200 Day MA 36.8371 | 50 Day MA 43.3704 | Beta 1.627 |
Tapestry |
Sharpe Ratio = -0.0574
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| Negative Returns | TPR |
Estimated Market Risk
| 1.69 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tapestry is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tapestry by adding Tapestry to a well-diversified portfolio.
Price Book 3.5477 | Enterprise Value Ebitda 8.1639 | Price Sales 1.4028 | Shares Float 228.7 M | Dividend Share 1.35 |
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Tapestry Valuation on April 28, 2024
It is possible to determine the worth of Tapestry on a given historical date. On April 28, 2024 Tapestry was worth 39.54 at the beginning of the trading date compared to the closed value of 40.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tapestry stock. Still, in general, we apply an absolute valuation method to find Tapestry's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tapestry where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tapestry's related companies.
| Open | High | Low | Close | Volume | |
| 39.85 | 39.91 | 38.95 | 39.39 | 4,311,056 | |
04/26/2024 | 39.54 | 40.38 | 39.40 | 40.05 | 3,329,580 |
| 40.31 | 41.01 | 40.18 | 40.98 | 4,161,359 |
| Backtest Tapestry | | | Tapestry History | | | Tapestry Valuation | Previous | Next |
Tapestry Trading Date Momentum on April 28, 2024
| On April 29 2024 Tapestry was traded for 40.98 at the closing time. Highest Tapestry's price during the trading hours was 41.01 and the lowest price during the day was 40.18 . The net volume was 4.2 M. The overall trading history on the 29th of April contributed to the next trading period price gain. The trading price change to the next next day price was 2.32% . The trading price change to current price is 0.95% . |
Tapestry Fundamentals Correlations and Trends
By evaluating Tapestry's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tapestry's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tapestry financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tapestry Stock history
Tapestry investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tapestry is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tapestry will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tapestry stock prices may prove useful in developing a viable investing in Tapestry
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 217.2 M | 249.6 M | |
| Net Income Applicable To Common Shares | 1.1 B | 571.2 M |
Tapestry Quarterly Net Working Capital |
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Tapestry Stock Technical Analysis
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.
Price Boundaries
Tapestry Period Price Range
Low | April 26, 2024
| High |
39.54 | 40.05 |
Tapestry May 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Tapestry stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tapestry shares will generate the highest return on investment. By undertsting and applying Tapestry stock market strength indicators, traders can identify Tapestry entry and exit signals to maximize returns
| Accumulation Distribution | 80807.04 | |||
| Daily Balance Of Power | 0.5204 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 39.89 | |||
| Day Typical Price | 39.94 | |||
| Price Action Indicator | 0.41 | |||
| Period Momentum Indicator | 2.06 |
Tapestry Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tapestry's price direction in advance. Along with the technical and fundamental analysis of Tapestry Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tapestry to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0173 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0145 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Tapestry Stock analysis
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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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 (0.23) | Dividend Share 1.35 | Earnings Share 3.77 | Revenue Per Share 29.211 | Quarterly Revenue Growth (0.02) |
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.