|Current Price||Horizon||Target Price||Odds to stay under $ 37.59 after 30 days|
| 32.99 ||30 days|| 37.59 || CLOSE TO 99%|
Based on normal probability distribution, the odds of ATT to stay under $ 37.59 after 30 days from now is close to 99% (This ATT probability density function shows the probability of ATT Stock to fall within a particular range of prices over 30 days) . Probability of ATT price to stay between its current price of $ 32.99 and $ 37.59 at the end of the 30-day period is roughly 2.42%.
Taking into account the 30 trading days horizon, ATT has beta of -0.2852 . This entails as returns on benchmark increase, returns on holding ATT are expected to decrease at a much smaller rate. During bear market, however, ATT is likely to outperform the market. Additionally ATT has an alpha of 0.0483 implying that it can potentially generate 0.0483% excess return over DOW after adjusting for the inherited market risk (beta).
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