Tennant Stock Forward View
| TNC Stock | USD 78.19 2.10 2.76% |
Tennant Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Tennant stock prices and determine the direction of Tennant Company's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Tennant's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The value of RSI of Tennant's share price is at 53. This usually implies that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Tennant, making its price go up or down. Momentum 53
Impartial
Oversold | Overbought |
Using Tennant hype-based prediction, you can estimate the value of Tennant Company from the perspective of Tennant response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Tennant Company on the next trading day is expected to be 74.69 with a mean absolute deviation of 1.20 and the sum of the absolute errors of 73.40. Tennant after-hype prediction price | USD 78.19 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Tennant to cross-verify your projections. Tennant Additional Predictive Modules
Most predictive techniques to examine Tennant price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Tennant using various technical indicators. When you analyze Tennant charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Tennant Naive Prediction Price Forecast For the 3rd of February
Given 90 days horizon, the Naive Prediction forecasted value of Tennant Company on the next trading day is expected to be 74.69 with a mean absolute deviation of 1.20, mean absolute percentage error of 1.98, and the sum of the absolute errors of 73.40.Please note that although there have been many attempts to predict Tennant Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Tennant's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Tennant Stock Forecast Pattern
| Backtest Tennant | Tennant Price Prediction | Research Analysis |
Tennant Forecasted Value
In the context of forecasting Tennant'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. Tennant's downside and upside margins for the forecasting period are 73.04 and 76.35, respectively. We have considered Tennant'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Tennant stock data series using in forecasting. Note that when a statistical model is used to represent Tennant 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.| AIC | Akaike Information Criteria | 118.7956 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.2033 |
| MAPE | Mean absolute percentage error | 0.0161 |
| SAE | Sum of the absolute errors | 73.4037 |
Predictive Modules for Tennant
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tennant Company. 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.Tennant After-Hype Price Density Analysis
As far as predicting the price of Tennant at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Tennant or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Tennant, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Tennant Estimiated After-Hype Price Volatility
In the context of predicting Tennant's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Tennant's historical news coverage. Tennant's after-hype downside and upside margins for the prediction period are 76.53 and 79.85, respectively. We have considered Tennant's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Tennant is very steady at this time. Analysis and calculation of next after-hype price of Tennant Company is based on 3 months time horizon.
Tennant Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Tennant is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tennant backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Tennant, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.08 | 1.66 | 0.01 | 0.08 | 15 Events / Month | 7 Events / Month | In about 15 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
78.19 | 78.19 | 0.00 |
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Tennant Hype Timeline
On the 2nd of February Tennant Company is traded for 78.19. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.08. Tennant is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at 0.08%. %. The volatility of related hype on Tennant is about 172.74%, with the expected price after the next announcement by competition of 78.11. About 99.0% of the company shares are owned by institutional investors. The book value of Tennant was at this time reported as 35.1. The company has Price/Earnings To Growth (PEG) ratio of 2.01. Tennant Company last dividend was issued on the 28th of November 2025. The entity had 2:1 split on the 26th of July 2006. Considering the 90-day investment horizon the next estimated press release will be in about 15 days. Check out Historical Fundamental Analysis of Tennant to cross-verify your projections.Tennant Related Hype Analysis
Having access to credible news sources related to Tennant's direct competition is more important than ever and may enhance your ability to predict Tennant's future price movements. Getting to know how Tennant's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Tennant may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CYD | China Yuchai International | 0.48 | 6 per month | 2.10 | 0.10 | 5.03 | (4.16) | 13.57 | |
| BW | Babcock Wilcox Enterprises | 0.28 | 9 per month | 4.57 | 0.25 | 13.18 | (7.60) | 44.19 | |
| GRC | Gorman Rupp | 0.54 | 9 per month | 0.95 | 0.18 | 3.62 | (2.18) | 7.79 | |
| ICFI | ICF International | (0.44) | 8 per month | 1.80 | 0.03 | 4.00 | (2.89) | 7.83 | |
| NSSC | NAPCO Security Technologies | 0.00 | 0 per month | 2.45 | (0.01) | 4.55 | (3.71) | 14.26 | |
| CODI | Compass Diversified Holdings | 0.54 | 11 per month | 0.00 | (0.03) | 7.26 | (6.84) | 35.68 | |
| CMRE | Costamare | (0.18) | 8 per month | 1.11 | 0.32 | 3.28 | (2.06) | 8.57 | |
| ENOV | Enovis Corp | (9.12) | 38 per month | 0.00 | (0.16) | 4.95 | (5.64) | 17.04 | |
| DCO | Ducommun Incorporated | (1.64) | 17 per month | 1.46 | 0.14 | 3.51 | (2.29) | 12.32 | |
| NMM | Navios Maritime Partners | (0.07) | 8 per month | 0.93 | 0.23 | 2.94 | (1.98) | 7.51 |
Other Forecasting Options for Tennant
For every potential investor in Tennant, whether a beginner or expert, Tennant's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tennant Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tennant. Basic forecasting techniques help filter out the noise by identifying Tennant's price trends.Tennant Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tennant stock to make a market-neutral strategy. Peer analysis of Tennant could also be used in its relative valuation, which is a method of valuing Tennant by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tennant Market Strength Events
Market strength indicators help investors to evaluate how Tennant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tennant shares will generate the highest return on investment. By undertsting and applying Tennant stock market strength indicators, traders can identify Tennant Company entry and exit signals to maximize returns.
Tennant Risk Indicators
The analysis of Tennant'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 Tennant's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tennant 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.
| Mean Deviation | 1.23 | |||
| Semi Deviation | 1.34 | |||
| Standard Deviation | 1.66 | |||
| Variance | 2.74 | |||
| Downside Variance | 2.07 | |||
| Semi Variance | 1.8 | |||
| Expected Short fall | (1.37) |
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.
Story Coverage note for Tennant
The number of cover stories for Tennant depends on current market conditions and Tennant's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Tennant is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Tennant's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Tennant Short Properties
Tennant's future price predictability will typically decrease when Tennant's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Tennant Company often depends not only on the future outlook of the potential Tennant's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Tennant's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.1 M | |
| Cash And Short Term Investments | 99.6 M |
Check out Historical Fundamental Analysis of Tennant to cross-verify your projections. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Will Stock sector continue expanding? Could Tennant diversify its offerings? Factors like these will boost the valuation of Tennant. If investors know Tennant will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tennant data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding Tennant Company requires distinguishing between market price and book value, where the latter reflects Tennant's accounting equity. The concept of intrinsic value—what Tennant's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Tennant's price substantially above or below its fundamental value.
Please note, there is a significant difference between Tennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Tennant's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.