ATT Backtesting

T -- USA Stock  

USD 36.76  1.15  3.03%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of ATT and determine expected loss or profit from investing in ATT over given investment horizon. Also please take a look at ATT Hype Analysis, ATT Correlation, ATT Valuation, ATT Volatility as well as analyze ATT Alpha and Beta and ATT Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

ATT 'What if' Analysis

June 23, 2019
0.00
No Change 0.00  0.0%
In 3 months and 1 day
September 21, 2019
0.00
If you would invest  0.00  in ATT on June 23, 2019 and sell it all today you would earn a total of 0.00 from holding ATT or generate 0.0% return on investment in ATT over 90 days. ATT is related to or competes with Zayo Group, Telephone, T Mobile, Disney, Liberty Broadband, and SBA Communications. ATT Inc. provides telecommunication, media, and technology services worldwide

ATT Upside/Downside Indicators

Downside Deviation1.04
Information Ratio0.2099
Maximum Drawdown5.79
Value At Risk(1.61)
Potential Upside2.05

ATT Market Premium Indicators

Risk Adjusted Performance0.2131
Jensen Alpha0.2456
Total Risk Alpha0.2337
Sortino Ratio0.2289
Treynor Ratio0.4133

ATT Backtested Returns

Macroaxis considers ATT very steady given 3 months investment horizon. ATT secures Sharpe Ratio (or Efficiency) of 0.2337 which signifies that the organization had 0.2337% of return per unit of risk over the last 3 months. Our philosophy in foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ATT which you can use to evaluate future volatility of the firm. Please makes use of ATT Mean Deviation of 0.8707 and Risk Adjusted Performance of 0.2131 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 ATT holds performance score of 15. The firm shows Beta (market volatility) of 0.6219 which signifies that as returns on market increase, ATT returns are expected to increase less than the market. However during bear market, the loss on holding ATT will be expected to be smaller as well. Although it is vital to follow to ATT historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing ATT technical indicators you can now evaluate if the expected return of 0.2715% will be sustainable into the future. Please makes use of ATT Jensen Alpha and Semi Variance to make a quick decision on weather ATT price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.66 
correlation synergy

Good predictability

ATT has good predictability. Overlapping area represents the amount of predictability between ATT time series from June 23, 2019 to August 7, 2019 and August 7, 2019 to September 21, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ATT price movement. The serial correlation of 0.66 indicates that around 66.0% of current ATT price fluctuation can be explain by its past prices.
Correlation Coefficient0.66
Spearman Rank Test0.67
Residual Average0.0
Price Variance1.75

ATT lagged returns against current returns

 Current and Lagged Values 
      Timeline 

ATT regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

ATT Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - T

ATT Investor Sentiment

Most of Macroaxis users are at this time bullish on ATT. What is your sentiment towards investing in ATT? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Also please take a look at ATT Hype Analysis, ATT Correlation, ATT Valuation, ATT Volatility as well as analyze ATT Alpha and Beta and ATT Performance. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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