ATT (Brazil) Market Value
| ATTB34 Stock | BRL 46.15 0.05 0.11% |
| Symbol | ATT |
ATT 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ATT's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ATT.
| 06/26/2024 |
| 12/23/2024 |
If you would invest 0.00 in ATT on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding ATT Inc or generate 0.0% return on investment in ATT over 180 days. ATT is related to or competes with Salesforce, Hospital Mater, Nordon Indstrias, NXP Semiconductors, United Airlines, CVS Health, and UnitedHealth Group. ATT Inc. provides telecommunication, media, and technology services worldwide More
ATT Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ATT's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ATT Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.1416 | |||
| Maximum Drawdown | 7.53 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.08 |
ATT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATT's standard deviation. In reality, there are many statistical measures that can use ATT historical prices to predict the future ATT's volatility.| Risk Adjusted Performance | 0.1329 | |||
| Jensen Alpha | 0.2575 | |||
| Total Risk Alpha | 0.2091 | |||
| Sortino Ratio | 0.1611 | |||
| Treynor Ratio | (2.42) |
ATT Inc Backtested Returns
ATT appears to be very steady, given 3 months investment horizon. ATT Inc secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for ATT Inc, which you can use to evaluate the volatility of the firm. Please makes use of ATT's risk adjusted performance of 0.1329, and Mean Deviation of 1.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ATT holds a performance score of 14. The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ATT are expected to decrease at a much lower rate. During the bear market, ATT is likely to outperform the market. Please check ATT's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether ATT's price patterns will revert.
Auto-correlation | 0.85 |
Very good predictability
ATT Inc has very good predictability. Overlapping area represents the amount of predictability between ATT time series from 26th of June 2024 to 24th of September 2024 and 24th of September 2024 to 23rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ATT Inc price movement. The serial correlation of 0.85 indicates that around 85.0% of current ATT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 8.39 |
ATT Inc lagged returns against current returns
Autocorrelation, which is ATT stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ATT's stock expected returns. We can calculate the autocorrelation of ATT returns to help us make a trade decision. For example, suppose you find that ATT has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ATT regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ATT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATT stock over time.
Current vs Lagged Prices |
| Timeline |
ATT Lagged Returns
When evaluating ATT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATT stock have on its future price. ATT autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ATT autocorrelation shows the relationship between ATT stock current value and its past values and can show if there is a momentum factor associated with investing in ATT Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in ATT Stock
When determining whether ATT Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Att Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Att Inc Stock:Check out ATT Correlation, ATT Volatility and ATT Alpha and Beta module to complement your research on ATT. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
ATT technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.