Att Inc Elks Stock Market Value
| TBC Stock | USD 25.09 0.01 0.04% |
| Symbol | ATT |
ATT Inc ELKS Price To Book Ratio
Is Diversified Telecommunication Services space 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.
Return On Equity 0.1212 |
The market value of ATT Inc ELKS 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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in ATT on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding ATT Inc ELKS or generate 0.0% return on investment in ATT over 30 days. ATT is related to or competes with ATT, Prudential Financial, Southern, Duke Energy, and Southern. ATT is entity of United States. It is traded as Stock on NYSE exchange. 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 ELKS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5928 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 2.65 | |||
| Value At Risk | (0.80) | |||
| Potential Upside | 0.6964 |
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 | 0.0695 | |||
| Jensen Alpha | 0.0454 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (3.37) |
ATT Inc ELKS Backtested Returns
At this point, ATT is very steady. ATT Inc ELKS secures Sharpe Ratio (or Efficiency) of 0.06, which signifies that the company had a 0.06% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ATT Inc ELKS, which you can use to evaluate the volatility of the firm. Please confirm ATT's risk adjusted performance of 0.0695, and Mean Deviation of 0.3952 to double-check if the risk estimate we provide is consistent with the expected return of 0.0342%. ATT has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.013, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ATT are expected to decrease at a much lower rate. During the bear market, ATT is likely to outperform the market. ATT Inc ELKS currently shows a risk of 0.57%. Please confirm ATT Inc ELKS value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to decide if ATT Inc ELKS will be following its price patterns.
Auto-correlation | 0.39 |
Below average predictability
ATT Inc ELKS has below average predictability. Overlapping area represents the amount of predictability between ATT time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 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 ELKS price movement. The serial correlation of 0.39 indicates that just about 39.0% of current ATT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
ATT Inc ELKS 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 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 price 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 ELKS.
Regressed Prices |
| Timeline |
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.When determining whether ATT Inc ELKS 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 Elks Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Att Inc Elks Stock:Check out ATT Correlation, ATT Volatility and ATT Alpha and Beta module to complement your research on ATT. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.