ATT Correlations
| TBC Stock | USD 25.12 0.02 0.08% |
The current 90-days correlation between ATT Inc ELKS and ATT Inc is 0.73 (i.e., Poor diversification). The correlation of ATT 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
ATT |
Moving against ATT Stock
| 0.48 | DOYU | DouYu International Earnings Call This Week | PairCorr |
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Risk-Adjusted Indicators
There is a big difference between ATT Stock performing well and ATT Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ATT's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TBB | 0.42 | (0.02) | (0.23) | (0.05) | 0.54 | 0.83 | 2.65 | |||
| PRS | 0.40 | 0.00 | (0.21) | 0.10 | 0.52 | 0.78 | 1.86 | |||
| SOJC | 0.44 | (0.07) | 0.00 | (0.46) | 0.00 | 0.84 | 2.98 | |||
| DUKB | 0.37 | (0.02) | 0.00 | (0.27) | 0.00 | 0.64 | 1.80 | |||
| SOJD | 0.58 | (0.09) | 0.00 | (1.29) | 0.00 | 1.03 | 3.26 |