SKT Stock | | | USD 34.02 0.49 1.42% |
Tanger Factory financial indicator trend analysis is much more than just breaking down Tanger Factory Outlet prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tanger Factory Outlet is a good investment. Please check the relationship between Tanger Factory Other Stockholder Equity and its Other Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tanger Factory Outlet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tanger Factory Outlet Other Stockholder Equity account and
Other Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Tanger Factory's Other Stockholder Equity and Other Assets is 0.38. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of Tanger Factory Outlet, assuming nothing else is changed. The correlation between historical values of Tanger Factory's Other Stockholder Equity and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Tanger Factory Outlet are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Stockholder Equity i.e., Tanger Factory's Other Stockholder Equity and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Most indicators from Tanger Factory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tanger Factory Outlet current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tanger Factory Outlet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
At this time, Tanger Factory's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.17 in 2024, whereas
Enterprise Value Multiple is likely to drop 10.82 in 2024.
When running Tanger Factory's price analysis, check to
measure Tanger Factory'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 Tanger Factory is operating at the current time. Most of Tanger Factory's value examination focuses on studying past and present price action to
predict the probability of Tanger Factory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanger Factory's price. Additionally, you may evaluate how the addition of Tanger Factory to your portfolios can decrease your overall portfolio volatility.