ATT Inc Backtested Returns
Macroaxis considers ATT to be not too risky. ATT Inc
secures Sharpe Ratio (or Efficiency) of -0.4352 which signifies that ATT Inc
had -0.4352% of return per unit of risk over the last 1 month. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. ATT Inc exposes twenty-eight different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ATT Inc Mean Deviation
of 0.7681 and Risk Adjusted Performance
of (0.24) to double-check risk estimate we provide. Macroaxis gives ATT performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0503 which signifies that as returns on market increase, returns on owning ATT are expected to decrease at a much smaller rate. During bear market, ATT is likely to outperform the market.. Even though it is essential to pay attention to ATT Inc historical returns, it is always good to be careful when utilizing equity current trading patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ATT Inc exposes twenty-eight different technical indicators which can help you to evaluate its performance. ATT Inc has expected return of -0.432%. Please be advised to confirm ATT Inc Sortino Ratio, Semi Variance as well as the relationship between Semi Variance and Rate Of Daily Change to decide if ATT Inc past performance will be repeated at future time.
|15 days auto-correlation|| 0.79 |
ATT Inc has good predictability. Overlapping area represents amount of predictability between ATT time series from September 23, 2016 to October 8, 2016 and October 8, 2016 to October 23, 2016. 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 Inc price movement. The serial correlation of 0.79 indicates that around 79.0% of current ATT price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 0.79|
|Spearman Rank Test|| 0.42|
|Price Variance|| 0.47|
|Lagged Price Variance|| 0.79|
ATT Lagged Returns