Tanger Factory Stock Forecast - 8 Period Moving Average

SKT Stock  USD 36.67  0.18  0.49%   
The 8 Period Moving Average forecasted value of Tanger Factory Outlet on the next trading day is expected to be 36.31 with a mean absolute deviation of 0.60 and the sum of the absolute errors of 31.98. Tanger Stock Forecast is based on your current time horizon.
  
At this time, Tanger Factory's Payables Turnover is comparatively stable compared to the past year. Fixed Asset Turnover is likely to gain to 6.30 in 2024, whereas Inventory Turnover is likely to drop (12.31) in 2024. . Net Income Applicable To Common Shares is likely to gain to about 98 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 72.2 M in 2024.
An 8-period moving average forecast model for Tanger Factory is based on an artificially constructed time series of Tanger Factory daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Tanger Factory 8 Period Moving Average Price Forecast For the 26th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Tanger Factory Outlet on the next trading day is expected to be 36.31 with a mean absolute deviation of 0.60, mean absolute percentage error of 0.57, and the sum of the absolute errors of 31.98.
Please note that although there have been many attempts to predict Tanger Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Tanger Factory's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Tanger Factory Stock Forecast Pattern

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Tanger Factory Forecasted Value

In the context of forecasting Tanger Factory's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Tanger Factory's downside and upside margins for the forecasting period are 35.24 and 37.38, respectively. We have considered Tanger Factory's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
36.67
36.31
Expected Value
37.38
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Tanger Factory stock data series using in forecasting. Note that when a statistical model is used to represent Tanger Factory stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria102.8414
BiasArithmetic mean of the errors -0.4995
MADMean absolute deviation0.6034
MAPEMean absolute percentage error0.0177
SAESum of the absolute errors31.9787
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Tanger Factory Outlet 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Tanger Factory

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tanger Factory Outlet. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
36.0537.1238.19
Details
Intrinsic
Valuation
LowRealHigh
31.0032.0740.34
Details
Bollinger
Band Projection (param)
LowMiddleHigh
35.3536.1436.92
Details
8 Analysts
Consensus
LowTargetHigh
20.6722.7125.21
Details

Other Forecasting Options for Tanger Factory

For every potential investor in Tanger, whether a beginner or expert, Tanger Factory's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tanger Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tanger. Basic forecasting techniques help filter out the noise by identifying Tanger Factory's price trends.

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 Risk & Return  Correlation

Tanger Factory Outlet Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Tanger Factory's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Tanger Factory's current price.

Tanger Factory Market Strength Events

Market strength indicators help investors to evaluate how Tanger Factory stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tanger Factory shares will generate the highest return on investment. By undertsting and applying Tanger Factory stock market strength indicators, traders can identify Tanger Factory Outlet entry and exit signals to maximize returns.

Tanger Factory Risk Indicators

The analysis of Tanger Factory's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Tanger Factory's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tanger stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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.