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ATT Stock Forecast - Triple Exponential Smoothing

<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.
Triple exponential smoothing for ATT - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When ATT prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in ATT price movement. However, neither of these exponential smoothing models address any seasonality of ATT.
Given 30 days horizon, the forecasted value of ATT on the next trading day is expected to be  29.57  with a mean absolute deviation of  0.75 , mean absolute percentage error of  1.25 , and the sum of the absolute errors of  44.30 
 29.57 

ATT Stock Forecast Pattern

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ATT Forecasted Value

Market Value
29.84
March 28, 2020
29.57
Expected Value
39.62
Upside

Model Predictive Factors

AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors 0.1665
MADMean absolute deviation0.7509
MAPEMean absolute percentage error0.0224
SAESum of the absolute errors44.3002
As with simple exponential smoothing, in triple exponential smoothing models past ATT observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older ATT observations.

Volatility Measures

ATT Risk Indicators

Current Sentiment - T

ATT Investor Sentiment

Most of Macroaxis users are at this time bullish on ATT. What is your sentiment towards investing in ATT? Are you bullish or bearish?
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Additionally, take a look at Historical Fundamental Analysis of ATT to cross-verify your projections. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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