ATT Probability of Target Price Finishing Over 41.579375

ATT Inc -- USA Stock  

USD 37.15  0.06  0.16%

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 over 41.579375

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 37.15 30 days 41.58  near 1% close to 100%
Based on normal probability distribution, the odds of ATT to move over $ 41.58  or more in 30 days from now is near 1%. Probability of ATT Inc price to stay between its current price of $ 37.15  and $ 41.58  at the end of the 30-day period is about 81.51%.
Taking into account the 30 trading days horizon, ATT has beta of 0.3064 . 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 a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
< 1%
Odds to move over $ 41.58  or more in 30 days
 ATT Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.22
β
Beta against DOW=0.31
σ
Overall volatility
=0.89
Ir
Information ratio =0.35