Att Inc Stock Market Value
T Stock | USD 17.30 0.25 1.47% |
Symbol | ATT |
ATT Inc Price To Book Ratio
Is ATT's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ATT. If investors know ATT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ATT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.40) | Dividend Share 1.11 | Earnings Share 1.97 | Revenue Per Share 17.049 | Quarterly Revenue Growth 0.022 |
The market value of ATT Inc is measured differently than its book value, which is the value of ATT that is recorded on the company's balance sheet. Investors also form their own opinion of ATT's value that differs from its market value or its book value, called intrinsic value, which is ATT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ATT's market value can be influenced by many factors that don't directly affect ATT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ATT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ATT 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ATT's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ATT.
03/25/2023 |
| 03/19/2024 |
If you would invest 0.00 in ATT on March 25, 2023 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 360 days. ATT is related to or competes with Cedar Fair, Joby Aviation, HF Sinclair, Twin Vee, Air Lease, AerSale Corp, and Life Time. ATT Inc. provides telecommunications, media, and technology services worldwide More
ATT Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ATT's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ATT Inc upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.34 | |||
Information Ratio | (0.02) | |||
Maximum Drawdown | 6.58 | |||
Value At Risk | (2.41) | |||
Potential Upside | 2.2 |
ATT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATT's standard deviation. In reality, there are many statistical measures that can use ATT historical prices to predict the future ATT's volatility.Risk Adjusted Performance | 0.0601 | |||
Jensen Alpha | 0.0481 | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.2518 |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ATT's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of ATT in the context of predictive analytics.
ATT Inc Backtested Returns
We consider ATT very steady. ATT Inc secures Sharpe Ratio (or Efficiency) of 0.0935, which signifies that the company had 0.0935% return per unit of risk over the last 3 months. Our philosophy in foreseeing the 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-nine technical indicators for ATT Inc, which you can use to evaluate the future volatility of the firm. Please confirm ATT's mean deviation of 0.9698, and Risk Adjusted Performance of 0.0601 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. ATT has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ATT returns are expected to increase less than the market. However, during the bear market, the loss on holding ATT will be expected to be smaller as well. By analyzing ATT Inc technical indicators, you can now evaluate if the expected return of 0.12% will be sustainable into the future. ATT Inc currently shows a risk of 1.33%. Please confirm ATT Inc sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change to decide if ATT Inc will be following its price patterns.
Auto-correlation | -0.9 |
Excellent reverse predictability
ATT Inc has excellent reverse predictability. Overlapping area represents the amount of predictability between ATT time series from 25th of March 2023 to 21st of September 2023 and 21st of September 2023 to 19th of March 2024. 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 -0.9 indicates that approximately 90.0% of current ATT price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.9 | |
Spearman Rank Test | -0.79 | |
Residual Average | 0.0 | |
Price Variance | 1.07 |
ATT Inc lagged returns against current returns
Autocorrelation, which is ATT stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ATT's stock expected returns. We can calculate the autocorrelation of ATT returns to help us make a trade decision. For example, suppose you find that ATT stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
Current and Lagged Values |
Timeline |
ATT regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ATT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATT stock over time.
Current vs Lagged Prices |
Timeline |
ATT Lagged Returns
When evaluating ATT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATT stock have on its future price. ATT autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ATT autocorrelation shows the relationship between ATT stock current value and its past values and can show if there is a momentum factor associated with investing in ATT Inc.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
ABBV | AbbVie Inc | |
HBI | Hanesbrands | |
MIDU | Direxion Daily Mid | |
V | Visa Class A | |
ORCL | Oracle |
Check out ATT Correlation, ATT Volatility and ATT Alpha and Beta module to complement your research on ATT. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for ATT Stock analysis
When running ATT's price analysis, check to measure ATT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ATT is operating at the current time. Most of ATT's value examination focuses on studying past and present price action to predict the probability of ATT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATT's price. Additionally, you may evaluate how the addition of ATT to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data |
ATT technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.