Tanger Factory Stock Forecast - Naive Prediction
| T6O Stock | EUR 34.83 0.02 0.06% |
The Naive Prediction forecasted value of Tanger Factory Outlet on the next trading day is expected to be 34.67 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 19.77. Tanger Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Tanger Factory's historical fundamentals, such as revenue growth or operating cash flow patterns.
Tanger |
Tanger Factory Naive Prediction Price Forecast For the 1st of December
Given 90 days horizon, the Naive Prediction forecasted value of Tanger Factory Outlet on the next trading day is expected to be 34.67 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.22, and the sum of the absolute errors of 19.77.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
| Backtest Tanger Factory | Tanger Factory Price Prediction | Buy or Sell Advice |
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 33.41 and 35.94, 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.
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 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.| AIC | Akaike Information Criteria | 116.5962 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.324 |
| MAPE | Mean absolute percentage error | 0.0106 |
| SAE | Sum of the absolute errors | 19.7659 |
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.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.Tanger Factory 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 Tanger Factory stock to make a market-neutral strategy. Peer analysis of Tanger Factory could also be used in its relative valuation, which is a method of valuing Tanger Factory by comparing valuation metrics with similar companies.
| 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Mean Deviation | 0.869 | |||
| Semi Deviation | 0.4623 | |||
| Standard Deviation | 1.26 | |||
| Variance | 1.6 | |||
| Downside Variance | 1.02 | |||
| Semi Variance | 0.2138 | |||
| Expected Short fall | (1.05) |
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.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Tanger Stock
When determining whether Tanger Factory Outlet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tanger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tanger Factory Outlet Stock. Highlighted below are key reports to facilitate an investment decision about Tanger Factory Outlet Stock:Check out Historical Fundamental Analysis of Tanger Factory to cross-verify your projections. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..