ATT Stock Forecast - Naive Prediction

T
 Stock
  

USD 18.27  0.23  1.27%   

ATT Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ATT historical stock prices and determine the direction of ATT Inc's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of ATT historical fundamentals such as revenue growth or operating cash flow patterns. Although ATT naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of ATT Inc systematic risk associated with finding meaningful patterns of ATT fundamentals over time.
Additionally, take a look at Historical Fundamental Analysis of ATT to cross-verify your projections.
  
ATT Receivables Turnover is comparatively stable at the moment as compared to the past year. ATT reported Receivables Turnover of 8.94 in 2021. Accounts Payable Turnover is likely to gain to 6.66 in 2022, whereas PPandE Turnover is likely to drop 1.23 in 2022. . Weighted Average Shares is likely to drop to about 6.4 B in 2022. Weighted Average Shares Diluted is likely to drop to about 6.4 B in 2022.

Open Interest Agains t 2022-08-12 ATT Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast ATT's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest ATT's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies ATT stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current ATT's open interest, investors have to compare it to ATT's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of ATT is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in ATT. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in ATT cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the ATT's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ATT's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for ATT is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of ATT Inc value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

ATT Naive Prediction Price Forecast For the 14th of August 2022

Given 90 days horizon, the Naive Prediction forecasted value of ATT Inc on the next trading day is expected to be 19.53 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.23, and the sum of the absolute errors of 22.99.
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 17.89 and 21.16, 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 18.27
19.53
Expected Value
21.16
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction 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 Criteria116.632
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3769
MAPEMean absolute percentage error0.0194
SAESum of the absolute errors22.9909
This model is not at all useful as a medium-long range forecasting tool of ATT Inc. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict ATT. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

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 or bond 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, 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.
Hype
Prediction
LowEstimated ValueHigh
16.5518.1819.81
Details
Intrinsic
Valuation
LowReal ValueHigh
16.4421.5123.14
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.9919.0121.02
Details
19 Analysts
Consensus
LowTarget PriceHigh
26.0030.6537.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ATT. Your research has to be compared to or analyzed against ATT's peers to derive any actionable benefits. When done correctly, ATT's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in ATT Inc.

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.
Alphabet Cl AInternational BusinessCisco SystemsJohnson JohnsonHome DepotExxon Mobil CorpThe Travelers CompaniesMcDonalds CorpAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 CoveredFranklin Mutual EuropeanGARDNER DENVER INC
 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 helping accuretelly forecast 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 funamental techniques of forecasting ATT stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ATT without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Historical Fundamental Analysis of ATT to cross-verify your projections. Note that the ATT Inc information on this page should be used as a complementary analysis to other ATT's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running ATT Inc 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 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.
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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 YOY
1.52
Market Capitalization
128.6 B
Quarterly Revenue Growth YOY
-0.17
Return On Assets
0.0421
Return On Equity
0.11
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 ATT value 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.