ATT Probability of Target Price Finishing Above 38.13

ATT Inc -- USA Stock  

USD 36.72  0.18  0.49%

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 38.13

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 36.72 30 days 38.13  about 47.43% about 52.07%
Based on normal probability distribution, the odds of ATT to stay under $ 38.13  after 30 days from now is about 52.07%. Probability of ATT Inc price to stay between its current price of $ 36.72  and $ 38.13  at the end of the 30-day period is about 47.69%.
Taking into account the 30 trading days horizon, ATT Inc has beta of -0.1799 . 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 Inc is likely to outperform the market. 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
52.0%
Odds to stay under $ 38.13  after 30 days
 ATT Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.12
β
Beta against DOW=0.18
σ
Overall volatility
=0.82
Ir
Information ratio =0.35