ATT Backtesting

T -- USA Stock  

USD 37.16  0.15  0.40%

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

ATT 'What if' Analysis

June 19, 2019
No Change 0.00  0.0%
In 3 months and 1 day
September 17, 2019
If you would invest  0.00  in ATT on June 19, 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 Verizon Communications, Telephone, Zayo Group, Liberty Broadband, SBA Communications, and T Mobile. ATT Inc. provides telecommunication, media, and technology services worldwide

ATT Upside/Downside Indicators

Downside Deviation1.0
Information Ratio0.1813
Maximum Drawdown5.79
Value At Risk(1.61)
Potential Upside1.83

ATT Market Premium Indicators

Risk Adjusted Performance0.1932
Jensen Alpha0.2228
Total Risk Alpha0.1921
Sortino Ratio0.1993
Treynor Ratio1.09

ATT Backtested Returns

Macroaxis considers ATT very steady given 3 months investment horizon. ATT secures Sharpe Ratio (or Efficiency) of 0.2203 which signifies that the organization had 0.2203% 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 0.8266 and Risk Adjusted Performance of 0.1932 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 ATT holds performance score of 14. The firm shows Beta (market volatility) of 0.2111 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 extremely important to respect ATT historical returns, it is better to be realistic regarding the information on 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 0.2478% 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 0.64 
correlation synergy

Good predictability

ATT has good predictability. Overlapping area represents the amount of predictability between ATT time series from June 19, 2019 to August 3, 2019 and August 3, 2019 to September 17, 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 0.64 indicates that roughly 64.0% of current ATT price fluctuation can be explain by its past prices.
Correlation Coefficient0.64
Spearman Rank Test0.61
Residual Average0.0
Price Variance1.78

ATT lagged returns against current returns

 Current and Lagged Values 

ATT regressed lagged prices vs. current prices

 Current vs Lagged Prices 

ATT Lagged Returns

 Regressed Prices 

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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 Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.