ATT Probability of Target Price Finishing Above 37.59

ATT Inc -- USA Stock  

USD 36.45  0.02  0.0548%

ATT probability of target price tool provides mechanism to make assumptions about upside and downside potential of ATT Inc performance during a given time horizon utilizing its historical volatility. Please specify ATT time horizon, a valid symbol (red box) and a target price (blue box) you would like ATT odds to be computed. Also please take a look at ATT Backtesting, ATT Valuation, ATT Correlation, ATT Hype Analysis, ATT Volatility, ATT History as well as ATT Performance
 Time Horizon     30 Days    Login   to change
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ATT Target Price Odds to finish below 37.59

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 36.45 30 days 37.59  about 21.69% about 77.92%
Based on normal probability distribution, the odds of ATT to stay under $ 37.59  after 30 days from now is about 77.92%. Probability of ATT Inc price to stay between its current price of $ 36.45  and $ 37.59  at the end of the 30-day period is about 54.82%.
Taking into account the 30 trading days horizon, ATT has beta of 0.8074 . 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 Inc will be expected to be much smaller as well. Additionally ATT Inc has an alpha of 0.0926093479181819 implying that it can potentially generate 0.0926093479181819% excess return over DOW after adjusting for the inherited market risk (beta).
78.0%
Odds to stay under $ 37.59  after 30 days
 ATT Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.092609
β
Beta against DOW=0.81
σ
Overall volatility
=0.76
Ir
Information ratio =0.073387