Tennant Company Stock Math Transform Inverse Tangent Over Price Movement
| TNC Stock | USD 75.52 1.11 1.45% |
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The output start index for this execution was zero with a total number of output elements of sixty-one. Tennant Company Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Tennant price patterns.
Tennant Technical Analysis Modules
Most technical analysis of Tennant help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Tennant from various momentum indicators to cycle 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 | ||
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About Tennant Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tennant Company. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tennant Company based on widely used predictive technical indicators. In general, we focus on analyzing Tennant Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tennant's daily price indicators and compare them against related drivers, such as math transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Tennant's intrinsic value. In addition to deriving basic predictive indicators for Tennant, we also check how macroeconomic factors affect Tennant price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2024 | 2025 | 2026 (projected) | Dividend Yield | 0.014 | 0.0161 | 0.0299 | Price To Sales Ratio | 1.19 | 1.07 | 0.8 |
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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
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Tennant Company pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tennant position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tennant will appreciate offsetting losses from the drop in the long position's value.Tennant Pair Trading
Tennant Company Pair Trading Analysis
The ability to find closely correlated positions to Tennant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tennant when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tennant - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tennant Company to buy it.
The correlation of Tennant is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tennant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tennant Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tennant can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tennant Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Will Industrial Machinery & Supplies & Components 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.
Quarterly Earnings Growth (0.27) | Dividend Share 1.18 | Earnings Share 2.92 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
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.