Tanger Factory Outlet Stock Market Value
| SKT Stock | USD 34.21 0.13 0.38% |
| Symbol | Tanger |
Tanger Factory Outlet Price To Book Ratio
Is Retail REITs space 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 Tanger Factory. If investors know Tanger 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 Tanger Factory 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 (0.15) | Dividend Share 1.085 | Earnings Share 0.87 | Revenue Per Share 4.843 | Quarterly Revenue Growth 0.13 |
The market value of Tanger Factory Outlet is measured differently than its book value, which is the value of Tanger that is recorded on the company's balance sheet. Investors also form their own opinion of Tanger Factory's value that differs from its market value or its book value, called intrinsic value, which is Tanger Factory'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 Tanger Factory's market value can be influenced by many factors that don't directly affect Tanger Factory'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 Tanger Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tanger Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tanger Factory'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.
Tanger Factory '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 Tanger Factory'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 Tanger Factory.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Tanger Factory on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Tanger Factory Outlet or generate 0.0% return on investment in Tanger Factory over 720 days. Tanger Factory is related to or competes with Regency Centers, Getty Realty, Site Centers, Brixmor Property, Simon Property, Kimco Realty, and National Retail. is a leading operator of open-air upscale outlet shopping centers that owns, or has an ownership interest in, a portfoli... More
Tanger Factory 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 Tanger Factory'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 Tanger Factory Outlet upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9706 | |||
| Information Ratio | 0.0534 | |||
| Maximum Drawdown | 7.23 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.36 |
Tanger Factory Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tanger Factory's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tanger Factory's standard deviation. In reality, there are many statistical measures that can use Tanger Factory historical prices to predict the future Tanger Factory's volatility.| Risk Adjusted Performance | 0.0854 | |||
| Jensen Alpha | 0.086 | |||
| Total Risk Alpha | 0.0421 | |||
| Sortino Ratio | 0.0573 | |||
| Treynor Ratio | 0.3318 |
Tanger Factory Outlet Backtested Returns
Currently, Tanger Factory Outlet is very steady. Tanger Factory Outlet owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0642, which indicates the firm had a 0.0642% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tanger Factory Outlet, which you can use to evaluate the volatility of the company. Please validate Tanger Factory's Semi Deviation of 0.8576, coefficient of variation of 956.53, and Risk Adjusted Performance of 0.0854 to confirm if the risk estimate we provide is consistent with the expected return of 0.068%. Tanger Factory has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tanger Factory's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tanger Factory is expected to be smaller as well. Tanger Factory Outlet right now has a risk of 1.06%. Please validate Tanger Factory potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Tanger Factory will be following its existing price patterns.
Auto-correlation | 0.75 |
Good predictability
Tanger Factory Outlet has good predictability. Overlapping area represents the amount of predictability between Tanger Factory time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th of December 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 Tanger Factory Outlet price movement. The serial correlation of 0.75 indicates that around 75.0% of current Tanger Factory price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 11.72 |
Tanger Factory Outlet lagged returns against current returns
Autocorrelation, which is Tanger Factory 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 Tanger Factory's stock expected returns. We can calculate the autocorrelation of Tanger Factory returns to help us make a trade decision. For example, suppose you find that Tanger Factory 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 |
Tanger Factory 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 Tanger Factory stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tanger Factory stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tanger Factory stock over time.
Current vs Lagged Prices |
| Timeline |
Tanger Factory Lagged Returns
When evaluating Tanger Factory's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tanger Factory stock have on its future price. Tanger Factory 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, Tanger Factory autocorrelation shows the relationship between Tanger Factory stock current value and its past values and can show if there is a momentum factor associated with investing in Tanger Factory Outlet.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Tanger Stock Analysis
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.