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HHS vs TPR: Correlation

How closely do Harte Hanks, Inc. (HHS) and Tapestry, Inc. (TPR) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.28
negative
Correlation (1Y)
-0.47
last 12 months
Correlation (5Y)
-0.14
long-run
Ann. covariance
-719.4
%² · weekly, annualized

How correlated are HHS and TPR?

On 3 years of weekly data the HHS/TPR correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.47) than the 3-year average (-0.28). The 5-year figure is -0.14, and annualized covariance runs at -719.4 %².

TPR is close to the least connected end of HHS's tracked universe, ranking #21 of 21. Neither side won the trailing year by much: +19.9% against +23.6%. Risk is not evenly split, since HHS carries 1.8 times the volatility of the other side.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

HHS vs TPR: side by side

HHS (Harte Hanks, Inc.)TPR (Tapestry, Inc.)
1-year return+19.9%+23.6%
5-year return-33.4%+240.1%
Volatility (ann.)67.2%37.8%
Beta vs S&P 5000.841.05
Max drawdown (3Y)-77.2%-31.8%
Market cap$24.6B
P/E (trailing)17.9
Dividend yield0.00%1.23%
Sector / categoryUS ListedConsumer Discretionary
Higher yield: TPR 1.23% vs 0.00%Smaller drawdown: TPR -31.8% vs -77.2%Higher 5y return: TPR +240.1% vs -33.4%
-44%0%+57%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. HHS · TPR

Year-by-year returns

YearHHSTPR
2022+53.8%-3.3%
2023-41.9%+0.2%
2024-24.2%+82.8%
2025-41.6%+98.7%
2026+43.9%-3.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are HHS and TPR good diversifiers for each other?

Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between HHS and TPR?

As of 2026-08-27, the correlation of weekly returns between HHS and TPR is -0.28 over 3 years, -0.47 over 1 year and -0.14 over 5 years.

Is TPR a good diversifier for HHS?

Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.28 mean?

On the −1 to +1 scale, -0.28 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/hhs-vs-tpr.json

HHS vs TPR: 3-year weekly correlation -0.28HHS vs TPR-0.28

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Related comparisons

Hubs: HHS correlations · TPR correlations