ATT Stock Forecast - Simple Moving Average

SOBA Stock   22.33  0.34  1.55%   
The Simple Moving Average forecasted value of ATT Inc on the next trading day is expected to be 22.33 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 12.96. ATT Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ATT stock prices and determine the direction of ATT Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ATT's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A two period moving average forecast for ATT is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

ATT Simple Moving Average Price Forecast For the 26th of November

Given 90 days horizon, the Simple Moving Average forecasted value of ATT Inc on the next trading day is expected to be 22.33 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.08, and the sum of the absolute errors of 12.96.
Please note that although there have been many attempts to predict ATT Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that ATT's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ATT Stock Forecast Pattern

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ATT Forecasted Value

In the context of forecasting ATT's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. ATT's downside and upside margins for the forecasting period are 21.08 and 23.58, respectively. We have considered ATT's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
22.33
22.33
Expected Value
23.58
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of ATT stock data series using in forecasting. Note that when a statistical model is used to represent ATT stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria111.9194
BiasArithmetic mean of the errors -0.1131
MADMean absolute deviation0.2196
MAPEMean absolute percentage error0.0109
SAESum of the absolute errors12.955
The simple moving average model is conceptually a linear regression of the current value of ATT Inc price series against current and previous (unobserved) value of ATT. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for ATT

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ATT Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
21.0822.3323.58
Details
Intrinsic
Valuation
LowRealHigh
20.1024.9426.19
Details
Bollinger
Band Projection (param)
LowMiddleHigh
21.9022.2222.54
Details

Other Forecasting Options for ATT

For every potential investor in ATT, whether a beginner or expert, ATT's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ATT Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ATT. Basic forecasting techniques help filter out the noise by identifying ATT's price trends.

ATT Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ATT stock to make a market-neutral strategy. Peer analysis of ATT could also be used in its relative valuation, which is a method of valuing ATT by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ATT Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ATT's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ATT's current price.

ATT Market Strength Events

Market strength indicators help investors to evaluate how ATT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ATT shares will generate the highest return on investment. By undertsting and applying ATT stock market strength indicators, traders can identify ATT Inc entry and exit signals to maximize returns.

ATT Risk Indicators

The analysis of ATT's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ATT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting att stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in ATT Stock

When determining whether ATT Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Att Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Att Inc Stock:
Check out Historical Fundamental Analysis of ATT to cross-verify your projections.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.