ATT Probability of Target Price Finishing Above 38.17

T -- USA Stock  

Trending

ATT probability of target price tool provides mechanism to make assumptions about upside and downside potential of ATT performance during a given time horizon utilizing its historical volatility. Please specify ATT time horizon, a valid symbol (red box) and a target price (blue box) you would like ATT odds to be computed. Also please take a look at ATT Backtesting, ATT Valuation, ATT Correlation, ATT Hype Analysis, ATT Volatility, ATT History as well as ATT Performance.
Horizon     30 Days    Login   to change
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ATT Target Price Odds to finish below 38.17

Current PriceHorizonTarget PriceOdds to move below current price in 30 days
 38.17 30 days 38.17 
about 60.65
Based on normal probability distribution, the odds of ATT to move below current price in 30 days from now is about 60.65 (This ATT probability density function shows the probability of ATT Stock to fall within a particular range of prices over 30 days) .
Taking into account the 30 trading days horizon, ATT has beta of 0.5812 . This entails as returns on market go up, ATT average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ATT will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. ATT is significantly underperforming DOW.
 ATT Price Density 
      Price 
α
Alpha over DOW
=0.0066
β
Beta against DOW=0.58
σ
Overall volatility
=0.74
Ir
Information ratio =0.02

ATT Alerts and Suggestions

ATT generates negative expected return over the last 30 days
ATT has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its interest payments
The company has accumulated 197.49 B in total debt with debt to equity ratio (D/E) of 101.6 implying that the company may be unable to produce cash to meet its debt commitments. ATT has Current Ratio of 0.73 which means it has a negative working capital and may have difficulties to pay out interest payments when they become due.
About 55.0% of ATT shares are owned by institutional investors
Latest headline from MacroaxisInsider: ATT exotic insider transaction detected

ATTPrice Density Drivers

Shares Percent Shares Out1.43%
Trailing Annual Dividend Rate2.04
Short Percent Of Float1.43%
Float Shares7.29B
Shares Short Prior Month98.2M
Average Daily Volume Last 10 Day25.49M
Average Daily Volume In Three Month30.6M
Date Short InterestNovember 15, 2019
Trailing Annual Dividend Yield5.36%
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