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Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


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Collecting data for T and ^GSPC ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 AT&T Inc.  vs   S&P 500
Check Correlation Matrix  
Daily Returns (%)
T   GSPC   
 
Taking into account 30 trading days horizon, AT T Inc is expected to under-perform the SP 500. In addition to that, AT T is 1.19 times more volatile than S&P 500. It trades about -0.09 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.32 per unit of volatility. If you would invest  158,224  in S&P 500 on April 25, 2013 and sell it today you would earn a total of  6,736  from holding S&P 500 or generate 4.26% return on investment over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding AT&T Inc. and S&P 500 in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.42
Parameters
Time Period1 Month [change]
DirectionPositive ^GSPC Moved Up vs T
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
T   GSPC   

AT T Inc

 
    
AT T
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days AT T Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
    

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S&P 500

 
    
SP 500
Performance
17
Out Of
100
Over 30
Days
    

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