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ATT Stock Forecast - Simple Regression

<div class='circular--portrait' style='background:#8A0CCF;color: white;font-size:3em;padding-top: 40px;;'>ATT</div>
T -- USA Stock  

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ATT Stock Forecast is based on your current time horizon. Investors can use this prediction interface to forecast ATT historic stock prices and determine the direction of ATT future trends based on various well-known forecasting models. However, looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of ATT historical fundamentals such as revenue growth or operating cash flow patterns. Although ATT naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of ATT systematic risks associated with finding meaningful patterns of ATT fundamentals over time. Additionally, take a look at Historical Fundamental Analysis of ATT to cross-verify your projections.
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ATT Receivables Turnover is comparatively stable at the moment as compared to the last year. ATT reported Receivables Turnover of 7.38 in 2019. Accounts Payable Turnover is likely to grow to 7.33 in 2020, whereas PPandE Turnover is likely to drop 1.26 in 2020. . Weighted Average Shares is likely to drop to about 7.3 B in 2020. Also, weighted Average Shares Diluted is likely to drop to about 6.4 B in 2020.
Simple Regression model is a single variable regression model that attempts to put a straight line through ATT price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.
Given 30 days horizon, the forecasted value of ATT on the next trading day is expected to be  31.61  with a mean absolute deviation of  1.59 , mean absolute percentage error of  3.84 , and the sum of the absolute errors of  96.92 
 31.61 

ATT Stock Forecast Pattern

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ATT Forecasted Value

Market Value
29.84
March 28, 2020
31.61
Expected Value
41.66
Upside

Model Predictive Factors

AICAkaike Information Criteria119.4556
BiasArithmetic mean of the errors None
MADMean absolute deviation1.5889
MAPEMean absolute percentage error0.046
SAESum of the absolute errors96.9234
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as ATT historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

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Additionally, take a look at Historical Fundamental Analysis of ATT to cross-verify your projections. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page