Att Inc Stock Market Value
| T Stock | USD 16.33 0.21 1.30% |
| Symbol | ATT |
ATT Inc Price To Book Ratio
Is ATT's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ATT. If investors know ATT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ATT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.40) | Dividend Share 1.11 | Earnings Share 1.97 | Revenue Per Share 17.049 | Quarterly Revenue Growth 0.022 |
The market value of ATT Inc is measured differently than its book value, which is the value of ATT that is recorded on the company's balance sheet. Investors also form their own opinion of ATT's value that differs from its market value or its book value, called intrinsic value, which is ATT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ATT's market value can be influenced by many factors that don't directly affect ATT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ATT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
| 05/24/2023 |
| 04/18/2024 |
If you would invest 0.00 in ATT on May 24, 2023 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 330 days. ATT is related to or competes with Mersana Therapeutics, and Amtech Systems. ATT Inc. provides telecommunications, 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.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.92 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 2.18 |
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 | 0.0038 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ATT's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ATT Inc Backtested Returns
We consider ATT very steady. ATT Inc secures Sharpe Ratio (or Efficiency) of 3.0E-4, which signifies that the company had a 3.0E-4% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for ATT Inc, which you can use to evaluate the volatility of the firm. Please confirm ATT's risk adjusted performance of 0.0038, and Mean Deviation of 0.9022 to double-check if the risk estimate we provide is consistent with the expected return of 3.0E-4%. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ATT's returns are expected to increase less than the market. However, during the bear market, the loss of holding ATT is expected to be smaller as well. ATT Inc currently shows a risk of 1.2%. Please confirm ATT Inc value at risk and rate of daily change , to decide if ATT Inc will be following its price patterns.
Auto-correlation | -0.44 |
Modest reverse predictability
ATT Inc has modest reverse predictability. Overlapping area represents the amount of predictability between ATT time series from 24th of May 2023 to 5th of November 2023 and 5th of November 2023 to 18th of April 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 -0.44 indicates that just about 44.0% of current ATT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
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 |
Currently Active Assets on Macroaxis
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for ATT Stock analysis
When running ATT's price analysis, check to measure ATT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ATT is operating at the current time. Most of ATT's value examination focuses on studying past and present price action to predict the probability of ATT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATT's price. Additionally, you may evaluate how the addition of ATT to your portfolios can decrease your overall portfolio volatility.
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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.