We consider ATT not too risky. ATT Inc secures Sharpe Ratio (or Efficiency) of 0.0061 which signifies that ATT Inc had 0.0061% 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 0.9789 and Risk Adjusted Performance of
(0.04676) to double-check if risk estimate we provide are consistent with the epected return of 0.0071%.
|Investment Horizon||30 Days Login to change|
ATT Market Sensitivity
|ATT returns are very sensitive to returns on the market. As market goes up or down, ATT is expected to follow.One Month Beta |Analyze ATT Inc Demand TrendCheck current 30 days ATT correlation with market (DOW)|
β = 1.0203
Projected Return Density Against MarketTaking into account the 30 trading days horizon, the stock has beta coefficient of 1.0203 . This entails ATT Inc market returns are very sensitive to returns on the market. As the market benchmark goes up or down, ATT is expected to follow. Additionally, ATT Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Taking into account the 30 trading days horizon, the coefficient of variation of ATT is 16494.47. The daily returns are destributed with a variance of 1.36 and standard deviation of 1.17. The mean deviation of ATT Inc is currently at 0.72. For similar time horizon, the selected benchmark (DOW) has volatility of 0.27