ATT Backtesting

With this equity back-testing module your can estimate the performance of a buy and hold strategy of ATT Inc 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
Investment Horizon     30 Days    Login   to change
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Backtest

ATT 'What if' Analysis

November 11, 2016
 0.00 
No Change 0.00  0.0%
In 31 days
December 11, 2016
 0.00 
If you would invest  0.00  in ATT on November 11, 2016 and sell it all today you would earn a total of 0.00 from holding ATT Inc or generate 0.0% return on investment in ATT over 30 days. ATT is related to or competes with VERIZON COMMUN, B C, CHUNGHWA TELECOM, CENTURYTEL INC, FRONTIER COMMUN, and CONSOLIDATED COMM. ATT Inc operates through four segments Business Solutions Entertainment Group Consumer Mobility and International

ATT Upside/Downside Indicators

  

ATT Market Premium Indicators

ATT Inc lagged returns against current returns

 Current and Lagged Values 
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ATT regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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ATT Inc Backtested Returns

Macroaxis considers ATT not too risky given 1 month investment horizon. ATT Inc secures Sharpe Ratio (or Efficiency) of 0.4344 which signifies that ATT Inc had 0.4344% of return per unit of risk over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for ATT Inc which you can use to evaluate future volatility of the firm. Please makes use of ATT Inc Mean Deviation of 0.9241 and Risk Adjusted Performance of 0.1282 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 ATT holds performance score of 29. The firm shows Beta (market volatility) of 0.7616 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 Inc historical returns, it is good to be conservative about what you can actually do with the information about equity current trading 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 Inc technical indicators you can now evaluate if the expected return of 0.4869% will be sustainable into the future. Please makes use of ATT Inc Sortino Ratio, Semi Variance as well as the relationship between Semi Variance and Rate Of Daily Change to make a quick decision on weather ATT price patterns will revert.
Advice Volatility Trend Exposure 
15 days auto-correlation 0.71 

Good predictability

ATT Inc has good predictability. Overlapping area represents amount of predictability between ATT time series from November 11, 2016 to November 26, 2016 and November 26, 2016 to December 11, 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 0.71 indicates that around 71.0% of current ATT price fluctuation can be explain by its past prices.
Correlation Coefficient 0.71
Spearman Rank Test 0.56
Price Variance 0.54
Lagged Price Variance 1.14

ATT Lagged Returns

 Regressed Prices 
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ATT Performance vs NYSE

The median price of ATT for the period between Fri, Nov 11, 2016 and Sun, Dec 11, 2016 is 38.63 with a coefficient of variation of 3.41. The daily time series for the period is distributed with a sample standard deviation of 1.31, arithmetic mean of 38.37, and mean deviation of 1.1. The Stock received some media coverage during the period.
Price Growth (%)  
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