ATT Correlations

T Stock

USD 26.94 0.05 0.19%

The current 90-days correlation between ATT Inc and Media Technologies is 0.11 (i.e., Average diversification). The correlation of ATT is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

ATT Correlation With Market

Modest diversification

The correlation between ATT Inc and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ATT Inc and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with ATT Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with ATT Stock

0.65	TIMB	TIM Participacoes	Pair Corr
0.63	EA	Electronic Arts	Pair Corr

Moving against ATT Stock

0.38	PHI	PLDT Inc ADR	Pair Corr
0.31	ATEX	Anterix	Pair Corr
0.62	WIMI	WiMi Hologram Cloud	Pair Corr
0.46	GDEVW	Nexters Warrant	Pair Corr
0.43	FLNT	Fluent Inc	Pair Corr
0.39	ANGHW	Anghami Warrants	Pair Corr
0.39	BOC	Boston Omaha Corp	Pair Corr
0.39	CCG	Cheche Group Class Earnings Call This Week	Pair Corr
0.33	EPWK	EPWK Holdings	Pair Corr

Related Correlations Analysis

	MDTC	IDE	SPRS	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF
MDTC		-0.68	-0.52	-0.7	-0.67	-0.7	-0.68	0.0	0.16	0.19	MDTC
IDE	-0.68		0.56	0.98	0.98	0.99	0.98	0.0	-0.16	-0.17	IDE
SPRS	-0.52	0.56		0.56	0.56	0.57	0.56	0.0	0.18	0.19	SPRS
MSTSX	-0.7	0.98	0.56		0.98	0.98	1.0	0.0	-0.1	-0.14	MSTSX
LBHIX	-0.67	0.98	0.56	0.98		0.97	0.98	0.0	-0.06	-0.09	LBHIX
VIASP	-0.7	0.99	0.57	0.98	0.97		0.98	0.0	-0.15	-0.19	VIASP
RRTLX	-0.68	0.98	0.56	1.0	0.98	0.98		0.0	-0.09	-0.13	RRTLX
OSHDF	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	OSHDF
70082LAB3	0.16	-0.16	0.18	-0.1	-0.06	-0.15	-0.09	0.0		0.74	70082LAB3
SITKF	0.19	-0.17	0.19	-0.14	-0.09	-0.19	-0.13	0.0	0.74		SITKF
	MDTC	IDE	SPRS	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

RRTLX	+ 1.0	MSTSX
VIASP	+ 0.99	IDE
MSTSX	+ 0.98	IDE
LBHIX	+ 0.98	IDE
RRTLX	+ 0.98	IDE
LBHIX	+ 0.98	MSTSX

High negative correlations

VIASP	- 0.7	MDTC
MSTSX	- 0.7	MDTC
RRTLX	- 0.68	MDTC
IDE	- 0.68	MDTC
LBHIX	- 0.67	MDTC
SPRS	- 0.52	MDTC

Risk-Adjusted Indicators

There is a big difference between ATT Stock performing well and ATT Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ATT's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MDTC	18.91	4.13	0.11	0.77	16.71	(82.22)	25.00	(53.18)	391.51
IDE	0.54	0.21	0.22	0.60	0.00	(0.67)	1.48	(0.71)	4.06
SPRS	1.43	0.25	0.04	3.63	1.60	(3.03)	4.35	(3.20)	17.06
MSTSX	0.50	0.21	0.09	(2.16)	0.31	(0.58)	1.45	(1.17)	3.51
LBHIX	0.18	0.05	(0.20)	0.44	0.00	(0.33)	0.49	(0.24)	1.22
VIASP	0.45	0.15	0.09	1.19	0.00	(0.58)	1.01	(0.76)	4.38
RRTLX	0.24	0.10	(0.09)	(2.41)	0.00	(0.31)	0.76	(0.39)	1.74
OSHDF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
70082LAB3	1.56	0.02	0.00	0.11	0.00	0.00	2.55	(4.54)	20.47
SITKF	2.97	0.32	0.01	(0.20)	3.61	(4.66)	6.25	(6.98)	23.19

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC