AT&T INC. vs. Apple Inc
Taking into account the 30 trading days horizon, T is expected to under-perform the Apple. In addition to that, T is 2.47 times more volatile than Apple. It trades about -0.05 of its total potential returns per unit of risk. Apple is currently generating about -0.1 per unit of volatility. If you would invest 18,836 in Apple on May 23, 2018 and sell it today you would lose (290.00) from holding Apple or give up 1.54% of portfolio value over 30 days.
Pair Corralation between T and Apple
|Time Period||1 Month [change]|
Overlapping area represents the amount of risk that can be diversified away by holding AT&T INC. and Apple Inc in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Apple and T is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on T are associated (or correlated) with Apple. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Apple has no effect on the direction of T i.e. T and Apple go up and down completely randomly.
Over the last 30 days T has generated negative risk-adjusted returns adding no value to investors with long positions.
Over the last 30 days Apple has generated negative risk-adjusted returns adding no value to investors with long positions.
|IT, Search Cloud And Integrated IT Services|
|Business Address||1600 Amphitheatre Parkway|
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