|Horizon||30 Days Login to change|
ATT Market Sensitivity
|As returns on market increase, ATT returns are expected to increase less than the market. However during bear market, the loss on holding ATT will be expected to be smaller as well.One Month Beta |Analyze ATT Demand TrendCheck current 30 days ATT correlation with market (DOW)|
β = 0.0771
ATT Technical Analysis
ATT Projected Return Density Against MarketTaking into account the 30 trading days horizon, ATT has beta of 0.0771 . This entails as returns on market go up, ATT average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ATT will be expected to be much smaller as well. Moreover, ATT has an alpha of 0.157 implying that it can potentially generate 0.157% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
ATT Return VolatilityATT accepts 0.7525% volatility on return distribution over the 30 days horizon. DOW inherits 0.4208% risk (volatility on return distribution) over the 30 days horizon.