ATT Stock Forecast - 20 Period Moving Average

T Stock  USD 23.18  0.20  0.87%   
The 20 Period Moving Average forecasted value of ATT Inc on the next trading day is expected to be 22.46 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 15.46. ATT Stock Forecast is based on your current time horizon.
  
At this time, ATT's Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 12.49 in 2024, whereas Payables Turnover is likely to drop 1.74 in 2024. . Common Stock Shares Outstanding is likely to drop to about 4.5 B in 2024. Net Loss is likely to gain to about (9.5 B) in 2024.
A commonly used 20-period moving average forecast model for ATT Inc is based on a synthetically constructed ATTdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

ATT 20 Period Moving Average Price Forecast For the 26th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of ATT Inc on the next trading day is expected to be 22.46 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.20, and the sum of the absolute errors of 15.46.
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 21.21 and 23.70, 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
23.18
22.46
Expected Value
23.70
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period 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 Criteria79.7593
BiasArithmetic mean of the errors -0.3388
MADMean absolute deviation0.377
MAPEMean absolute percentage error0.0169
SAESum of the absolute errors15.456
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. ATT Inc 20-period moving average forecast can only be used reliably to predict one or two periods 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
Hype
Prediction
LowEstimatedHigh
21.9923.2324.47
Details
Intrinsic
Valuation
LowRealHigh
20.3521.5925.50
Details
Bollinger
Band Projection (param)
LowMiddleHigh
22.9223.1123.30
Details
27 Analysts
Consensus
LowTargetHigh
15.3316.8518.70
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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional 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.