ATT Inc Backtested Returns
We consider ATT not too risky. ATT Inc
secures Sharpe Ratio (or Efficiency) of 0.0045 which signifies that ATT Inc
had 0.0045% of return per unit of risk over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with company specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for ATT Inc which you can use to evaluate future volatility of the firm. Please confirm ATT Inc Mean Deviation
of 1.03 and Risk Adjusted Performance
of (0.005683) to double-check if risk estimate we provide are consistent with the epected return of 0.0055%. ATT has performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 2.3787 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, ATT will likely underperform.. Although it is extremely important to respect ATT Inc historical returns, it is better to be realistic regarding the information on equity current trending patternss. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing ATT Inc technical indicators you can now evaluate if the expected return of 0.0055% will be sustainable into the future. ATT Inc currently shows a risk of 1.2302%. Please confirm ATT Inc Jensen Alpha and Semi Variance to decide if ATT Inc will be following its price patterns.
|15 days auto-correlation|| 0.00 |
No correlation between past and present
ATT Inc has no correlation between past and present. Overlapping area represents the amount of predictability between ATT time series from September 17, 2017 to October 2, 2017 and October 2, 2017 to October 17, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ATT Inc price movement. The serial correlation of 0.0 indicates that just 0.0% of current ATT price fluctuation can be explain by its past prices.
|Average Price|| 36.17|
|Lagged Average Price|| 36.17|
ATT Lagged Returns