T Backtesting

T -- USA Stock  

USD 35.00  1.90  5.74%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of T and determine expected loss or profit from investing in T over given investment horizon. Also please take a look at T Hype Analysis, T Correlation, T Valuation, T Volatility as well as analyze T Alpha and Beta and T Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

T 'What if' Analysis

February 26, 2018
0.00
No Change 0.00  0.0%
In 2 months and 1 day
April 27, 2018
0.00
If you would invest  0.00  in T on February 26, 2018 and sell it all today you would earn a total of 0.00 from holding T or generate 0.0% return on investment in T over 60 days. T is related to or competes with Verizon Communications, CenturyLink, Frontier Communications, Telephone, Zayo Group, and LEVEL 3. ATT Inc. provides communications and digital entertainment services

T Upside/Downside Indicators

Information Ratio0.16
Maximum Drawdown3.91
Value At Risk1.75
Potential Upside1.82
  

T Market Premium Indicators

Risk Adjusted Performance0.27
Jensen Alpha0.24
Total Risk Alpha0.22
Treynor Ratio24.88

T Backtested Returns

Macroaxis considers T to be not too risky. T owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.208 which indicates T had -0.208% of return per unit of risk over the last 2 months. Macroaxis philosophy towards measuring risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. T exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate T Coefficient Of Variation of 604.17 and Risk Adjusted Performance of 0.27 to confirm risk estimate we provide. Macroaxis gives T performance score of 0 on a scale of 0 to 100. The entity has beta of -0.0095 which indicates as returns on market increase, returns on owning T are expected to decrease at a much smaller rate. During bear market, T is likely to outperform the market.. Even though it is essential to pay attention to T current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. T exposes twenty-one different technical indicators which can help you to evaluate its performance. T has expected return of -0.2784%. Please be advised to validate T Semi Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Semi Variance to decide if T past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.57 

Modest predictability

T has modest predictability. Overlapping area represents the amount of predictability between T time series from February 26, 2018 to March 28, 2018 and March 28, 2018 to April 27, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of T price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current T price fluctuation can be explain by its past prices.
Correlation Coefficient 0.57
Spearman Rank Test 0.22
Price Variance 0.36
Lagged Price Variance 0.61

T lagged returns against current returns

 Current and Lagged Values 
      Timeline 

T regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

T Lagged Returns

 Regressed Prices 
      Timeline 

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Also please take a look at T Hype Analysis, T Correlation, T Valuation, T Volatility as well as analyze T Alpha and Beta and T Performance. Please also try Portfolio Quick Import module to import or update all your transactions via one easy-to-use interface.