ATT Jensen Alpha

ATT Inc -- USA Stock  

USD 36.41  0.73  1.97%

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ATT Inc has current Jensen Alpha of 0.0215. Jensen alpha is a measure of the returns that are attributable to the managers ability to select security and time the market. In other words it is the returns remaining after deducting what would have been attributable to beta returns (which do not require skill) and the risk free rate.
ATT 
Jensen Alpha 
 = 
ER[a] - RFR * (1-BETA) 
BETA * ER[b]) 
 = 
0.0215
ER[a] =   Expected return on investing in ATT
ER[b] =   Expected return on market index or selected benchmark
BETA =   Beta coefficient between ATT and the market
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Jensen Alpha Comparison

ATT Inc is rated fifth in jensen alpha category among related companies. It is rated second in maximum drawdown category among related companies reporting about  388.31  of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for ATT Inc is roughly  388.31 
Jensen alpha is the difference between the return of the portfolio, and what the portfolio should theoretically have earned. Any portfolio can be expected to earn the risk free rate (RF), plus the market risk premium (which is given by [Beta x (Market Portfolio Return - Risk Free Rate)]. Anything remaining over and above is alpha.
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