ATT INC Market Value
| 00206RKD3 | 74.44 0.99 1.31% |
| Symbol | 00206RKD3 |
00206RKD3 '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 00206RKD3's bond 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 00206RKD3.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in 00206RKD3 on November 1, 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 00206RKD3 over 30 days. 00206RKD3 is related to or competes with 00108WAF7, 90331HPL1, Bank of America, GE Aerospace, Dupont De, International Business, and McDonalds. More
00206RKD3 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 00206RKD3's bond 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 | 4.96 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 59.17 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 3.0 |
00206RKD3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 00206RKD3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 00206RKD3's standard deviation. In reality, there are many statistical measures that can use 00206RKD3 historical prices to predict the future 00206RKD3's volatility.| Risk Adjusted Performance | 0.0251 | |||
| Jensen Alpha | 0.0877 | |||
| Total Risk Alpha | (0.88) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.4884 |
00206RKD3 Backtested Returns
00206RKD3 secures Sharpe Ratio (or Efficiency) of -0.0169, which signifies that the bond had a -0.0169% return per unit of risk over the last 3 months. ATT INC exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 00206RKD3's Downside Deviation of 4.96, mean deviation of 2.15, and Risk Adjusted Performance of 0.0251 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 00206RKD3's returns are expected to increase less than the market. However, during the bear market, the loss of holding 00206RKD3 is expected to be smaller as well.
Auto-correlation | -0.16 |
Insignificant reverse predictability
ATT INC has insignificant reverse predictability. Overlapping area represents the amount of predictability between 00206RKD3 time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 00206RKD3 price movement. The serial correlation of -0.16 indicates that over 16.0% of current 00206RKD3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
00206RKD3 lagged returns against current returns
Autocorrelation, which is 00206RKD3 bond'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 00206RKD3's bond expected returns. We can calculate the autocorrelation of 00206RKD3 returns to help us make a trade decision. For example, suppose you find that 00206RKD3 has exhibited high autocorrelation historically, and you observe that the bond 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 |
00206RKD3 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 00206RKD3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 00206RKD3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 00206RKD3 bond over time.
Current vs Lagged Prices |
| Timeline |
00206RKD3 Lagged Returns
When evaluating 00206RKD3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 00206RKD3 bond have on its future price. 00206RKD3 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, 00206RKD3 autocorrelation shows the relationship between 00206RKD3 bond 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.Other Information on Investing in 00206RKD3 Bond
00206RKD3 financial ratios help investors to determine whether 00206RKD3 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 00206RKD3 with respect to the benefits of owning 00206RKD3 security.