ATT Information Ratio

ATT Inc -- USA Stock  

USD 37.14  0.14  0.38%

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ATT Inc has current Information Ratio of 0.0761. The Information Ratio is the ratio of the alpha component of total returns to the standard deviation of these excess alpha returns. The alpha component is the return that is attributable to the manager skill to time the market and is the residual after taking out the risk free return and the beta components from the total returns. While the Sharpe ratio considers the standard deviation of the total returns, the information ratio considers the variability of only the alpha component of the return (which also forms the numerator). In other words, the information ratio is merely Jensen alpha divided by its standard deviation.
ATT 
INFOR 
 = 
ER[a] - ER[b] 
STD[a] 
 = 
0.0761
ER[a] =   Expected return on investing in ATT
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on ATT

Information Ratio Comparison

ATT Inc is rated fifth in information ratio category among related companies. It is rated second in maximum drawdown category among related companies reporting about  109.71  of Maximum Drawdown per Information Ratio. The ratio of Maximum Drawdown to Information Ratio for ATT Inc is roughly  109.71 
The higher the information ratio, the greater the chances of the manager to make money in the future. The information ratio only looks to compute the return per unit of risk undertaken for the alpha component. This is important because alpha returns are risky, as they represent a zero sum game for the market as a whole. In fact, average alpha for the market as a whole is in practice slightly less than zero because of transaction and other costs. Therefore it is easy for a manager to take on ?alpha risk? and lose money that will bite into the beta returns.
Compare ATT to competition
ATT Inc. provides telecommunications and digital entertainment services. The company was formerly known as SBC Communications Inc. and changed its name to ATT Inc. in November 2005. ATT operates under Telecom Services - Domestic classification in USA and traded on New York Stock Exchange exchange. It employs 254000 people. more
NameATT Inc
CEO - AT&T Business SolutionsAndrew GeisseAll Leadership
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
BBB+Good
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00732717.0
ISINUS00206R1023
CUSIP00206R102
CurrencyUSD - US Dollar