AT&T Inc. has received a "Buy" rating from 28 analysts. But what drives this consensus? Analysts often rely on technical analysis, which examines price momentum, patterns, and trends from past data. This approach seeks to uncover signals reflecting market sentiment and investors' expectations about AT&T's future value. Let's delve into some key elements of AT&T's technical analysis.
Key Takeaways
As we look ahead to January, AT&T's stock is showing some intriguing technical signals. The 200-day moving average stands at
19.709, suggesting a potential support level that could bolster investor confidence. Additionally, the accumulation distribution figure of
111.4K indicates a steady interest in the stock, hinting at a possible upward momentum.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of Jpmorgan Research Market. In general, sophisticated investors focus on analyzing Jpmorgan Research stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Jpmorgan Research's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
Jpmorgan Research's intrinsic value. In addition to deriving basic predictive indicators for Jpmorgan Research, many experienced traders also check how macroeconomic factors affect Jpmorgan Research price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jpmorgan Research. Your research has to be compared to or analyzed against Jpmorgan Research's peers to derive any actionable benefits. When done correctly, Jpmorgan Research's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jpmorgan Research Market.
How does Jpmorgan Stands against Peers?
Analyzing Jpmorgan Research competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Jpmorgan Research across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
Jpmorgan Research Competition DetailsSector Allocation
Exchange-Traded Funds use many different techniques to achieve diversification. One of the ways Jpmorgan Research ETF is managing risk is by picking assets from different sectors and across various asset classes. It helps to ensure that returns are uncorrelated, and risk is spread across the underlying asset classes and industries. Within the same asset class, diversification can be achieved by investing in various investment styles through cross-sector allocation. Below map breaks down Jpmorgan Research sector allocation.
VolatilityInstrument Allocation
The asset allocation of funds such as Jpmorgan Research usually varies among a different mix of asset classes. Balanced mutual funds invest not only in bonds, which focus primarily on income, and stocks, which aim for investment growth, but also keep some reserve in cash or even exotic instruments. Below we show the current asset allocation of Jpmorgan Research Market
DetailsCloser look at ATT Downside Variance
ATT Inc has current Downside Variance of 1.53. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance is the probability-weighted squared below-target returns.
The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 1.53 |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Let's now compare ATT Downside Variance to its closest peers:
| T | 1.529997233524643 |
| GRAB | 7.12 |
| CDNS | 5.64 |
| VIASP | 1.7 |
| US70082LAB36 | 0.99 |
Timing is everything, especially when it comes to investing. As January approaches, AT&T (NYSE: T) investors might find themselves at a crossroads, considering the stock's technical indicators. With a 52-week high of 24.03 and a current price hovering around 22.97, there's a potential upside that could be enticing for those looking to capitalize on short-term movements. However, the company's current ratio of 0.62X suggests a need for caution, as it indicates limited liquidity to cover short-term liabilities. Additionally, the telecom giant's operating margin of just 0.24% reflects tight profitability, which could influence investor sentiment as the new year unfolds..
Momentum Analysis of ATT suggests possible reversal in January
AT&T Inc.'s recent improvement in its risk-adjusted performance to 0.08 indicates a slight enhancement in balancing risk and return. However, this doesn't guarantee a trouble-free path ahead. Momentum analysis suggests that while the stock has shown some resilience, there could be a price dip as January approaches. Investors should remain cautious and factor in this potential reversal when strategizing, as the current momentum may not hold in the short term. As of December 27th, AT&T's mean deviation stands at 0.9454, with a risk-adjusted performance of 0.0767.
Beyond fundamental indicators, technical analysis provides tools to explore AT&T's technical drivers and their interconnections.As we look at AT&T's prospects, it's clear that the stock presents a mixed bag of opportunities and challenges. With an analyst target price estimated at **$16.85**, there's a cautious optimism surrounding its potential, especially considering the analyst overall consensus leans towards a 'Buy'. However, the valuation market value stands at **$22.96**, suggesting that the stock might be trading above its perceived intrinsic value. Investors should weigh these factors carefully, considering both the potential for growth and the risks involved. Ultimately, AT&T may still have some surprises in store, but a prudent approach would be to keep a close eye on market developments and analyst updates as the year unfolds..
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Jpmorgan Research Market. Please refer to our
Terms of Use for any information regarding our disclosure principles.
Would you like to provide feedback on the content of this article?
You can get in touch with us directly or send us a quick note via email to
[email protected]