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Tanger (Tanger) 6-1 Month Momentum %

: 22.97% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-16), Tanger's 6-1 Month Momentum % is 22.97%.

The industry rank for Tanger's 6-1 Month Momentum % or its related term are showing as below:

SKT's 6-1 Month Momentum % is ranked better than
90.79% of 847 companies
in the REITs industry
Industry Median: 2.86 vs SKT: 22.97

Competitive Comparison

For the REIT - Retail subindustry, Tanger's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tanger 6-1 Month Momentum % Distribution

For the REITs industry and Real Estate sector, Tanger's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Tanger's 6-1 Month Momentum % falls into.



Tanger  (NYSE:SKT) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tanger  (NYSE:SKT) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Tanger 6-1 Month Momentum % Related Terms

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Tanger (Tanger) Business Description

Industry
Traded in Other Exchanges
Address
3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408
Tanger Inc Formerly Tanger Factory Outlet Centers Inc is the owner and operator of outlet centers in the United States and Canada. It is a fully-integrated, self-administered and self-managed REIT, which focuses on developing, acquiring, owning, operating and managing outlet shopping centers. Substantially majority of the firm's revenue is derived from rental income from real property. Geographically, the activities are carried out through the United States.
Executives
Steven B Tanger director, officer: President,
Jessica K Norman officer: EVP, General Counsel,Secretary 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Susan E Skerritt director 3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408
Thomas Reddin director 11115 RUSHMORE DR, CHARLOTTE NC 28277
Michael J Bilerman officer: See Remarks 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Guerrieri Thomas Joseph Jr officer: VP, CAO and Controller 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Justin C Stein officer: EVP, Leasing 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Andrew R Wingrove officer: EVP, Chief Commercial Officer 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Carrie A Warren officer: Senior V.P. of Marketing 5900 HENSON FARM RD, SUMMERFIELD NC 27358
Chad Perry officer: EVP,General Counsel,Secretary C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Sandeep Mathrani director
Gallardo Leslie Swanson officer: Executive VP Operations 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
James Floyd Williams officer: Vice President & Controller 3204 COTTINGHAM COURT, GREENSBORO NC 27410
Stephen Yalof officer: President & COO 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Charles Allen Worsham officer: SVP,Construction & Development 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408