|Current Price||Horizon||Target Price||Odds to move over $ 43.43 or more in 30 days|
| 33.60 ||30 days|| 43.43 || CLOSE TO ZERO PERCENT|
Based on normal probability distribution, the odds of ATT to move over $ 43.43 or more in 30 days from now is close to zero percent (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 $ 33.60 and $ 43.43 at the end of the 30-day period is about 7.7%.
Taking into account the 30 trading days horizon, ATT has beta of -0.0036 . 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 0.0636 implying that it can potentially generate 0.0636% excess return over DOW after adjusting for the inherited market risk (beta).
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