|Current Price||Horizon||Target Price||Odds to stay under $ 38.13 after 30 days|
| 33.78 ||30 days|| 38.13 || CLOSE TO 99%|
Based on normal probability distribution, the odds of ATT to stay under $ 38.13 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 $ 33.78 and $ 38.13 at the end of the 30-day period is about 6.88%.
Taking into account the 30 trading days horizon, ATT has beta of 0.0771 . 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 will be expected to be much smaller as well. Additionally ATT has an alpha of 0.157 implying that it can potentially generate 0.157% excess return over DOW after adjusting for the inherited market risk (beta).
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