ATT Probability of Target Price Finishing Above 37.59

T -- USA Stock  

USD 32.99  0.75  2.33%

ATT probability of target price tool provides mechanism to make assumptions about upside and downside potential of ATT 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 PriceOdds 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).
 ATT Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.048334
β
Beta against DOW=0.29
σ
Overall volatility
=0.64
Ir
Information ratio =0.033838

ATT Alerts

ATT Alerts and Suggestions
ATT has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its interest payments
The company has accumulated 191.76 B in total debt with debt to equity ratio (D/E) of 104.1 implying that the company may be unable to produce cash to meet its debt commitments. ATT has Current Ratio of 0.79 which means it has a negative working capital and may have difficulties to pay out interest payments when they become due.
On July 9, 2018 ATT paid $ 0.5 per share dividend to its current shareholders
Latest headline from www.zacks.com: Acquisition by Matthew Rose of 3033 shares of ATT subject to Rule 16b-3
Also please take a look at ATT Backtesting, ATT Valuation, ATT Correlation, ATT Hype Analysis, ATT Volatility, ATT History as well as ATT Performance. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.