Statistics of Price Movements of AT&T Inc 5.625% Global Notes Due 2067 (TBC)

The price movements of AT&T Inc 5.625% Global Notes Due 2067 (ticker TBC) are summarized in five ways:

  • Table 1. Statistics of daily price changes using the closing prices
  • Table 2. Statistics of daily price changes using the closing and opening prices
  • Table 3 – 7. Statistics of daily price changes when TBC opened with an increase of 1%, 2%, 3%, 4%, or more than 5%
  • Table 8 – 10. Statistics of stock price changes in the 20 days after TBC had a big price move
  • Table 11. Statistics of daily price changes in the 20 days after TBC moved 5% with twice the 30-day average volume

The statistics are calculated using TBC's price data across 610 trading days from 2018 to 2020.

Table 1. Statistics of TBC one-day price changes

In this table, the one-day price change is calculated using the closing price and the previous day's closing price.

In the past 610 trading days, 49.6% of the time (302 days), TBC closed above the previous day's closing price. 43.0% of the time (262 days), it closed below the previous day's closing price. 7.4% of the time (45 days), it did not change.

Also see: VIX price movement study.

TBC Price Change (%) Number of Days % of Total Sessions
5 – 6% 1
0.16%
4 – 5% 1
0.16%
3 – 4% 1
0.16%
2 – 3% 5
0.82%
1 – 2% 20
3.28%
0 – 1% 274
44.99%
0% 45
7.39%
0 – -1% 236
38.75%
-1 – -2% 20
3.28%
-2 – -3% 2
0.33%
-3 – -4% 2
0.33%
-6 – -7% 2
0.33%

Table 2. Statistics of TBC: Closing vs. Open

In this table, instead of using the closing price of the previous day, the opening price is used to calculate the one-day price change of TBC.

44.6% of the time (272 days), TBC closed above the opening price. 47.7% of the time (291 days), it closed below the opening price. 7.7% of the time (47 days), it closed where it started.

Closing - Open (%) Number of Days % of Total Sessions
3 – 4% 1
0.16%
2 – 3% 1
0.16%
1 – 2% 16
2.62%
0 – 1% 254
41.64%
0% 47
7.70%
0 – -1% 277
45.41%
-1 – -2% 10
1.64%
-2 – -3% 2
0.33%
-3 – -4% 1
0.16%
-5 – -6% 1
0.16%

Table 3. One-day performance when TBC opened 5% higher than previous close

In the past 610 trading days, TBC opened more than 5% higher than the previous day's closing price 0 times. Of these days, NaN% (0 days) had closing prices above the opening price, and NaN% (0 days) had closing prices below the opening price.

Closing - Open (%) Number of Days % of Total Sessions

Table 4. Closing vs. open when TBC opened 4–5% higher

On 0 days, TBC opened 4–5% higher than the previous day's closing price. Of these days, NaN% (0 days) had closing prices above the opening price, and NaN% (0 days) had closing prices below the opening price.

Closing - Open (%) Number of Days % of Total Sessions

Table 5. Closing vs. open when TBC open 3 – 4% higher

1 times TBC opened 3 – 4% higher than the previous day's closing price. Among these days, 100.0% (1 days) closed above the opening price, 0.0% (0 days) closed below the opening price.

Closing - Open (%) Number of Days % of Total Sessions
1 – 2% 1
100.00%

Table 6. Closing vs. open when TBC open 2 – 3% higher

0 times TBC opened 2 – 3% higher than the previous day's closing price. Among these days, NaN% (0 days) closed above the opening price, NaN% (0 days) closed below the opening price.

Closing - Open (%) Number of Days % of Total Sessions

Table 7. Closing vs. open when TBC open 1 – 2% higher

7 times TBC opened 1 – 2% higher than the previous day's closing price. Among these days, 71.4% (5 days) closed above the opening price, 28.6% (2 days) closed below the opening price.

Closing - Open (%) Number of Days % of Total Sessions
3 – 4% 1
14.29%
1 – 2% 2
28.57%
0 – 1% 2
28.57%
0 – -1% 2
28.57%

Table 8. Periods when TBC moved 15% or more

In this table, we track the price movements in the 20 days after TBC had a one-day price change of at least 15%.

DatePrice ChangePrice Change after 15% Move
Days after:14710131619

Table 9. Periods when TBC moved 10% or more

In this table, we track the price movements in the 20 days after TBC had a one-day price change of at least 10%.

DatePrice ChangePrice Change after 10% Move
Days after:14710131619

Table 10. Periods when TBC moved 5% or more

In this table, we track the price movements in the 20 days after TBC had a one-day price change of at least 5%.

DatePrice ChangePrice Change after 5% Move
Days after:14710131619
202003245.1% 3.1 3.9 2.7 5.3 8.0 7.6 7.9
20200316-6.1% 1.6 -.1 4.0 4.8 3.7 6.2 9.0
20200318-6.6% 4.8 6.4 9.7 9.2 10.2 14.9 14.8

Table 10a. TBC average price changes following a 5% up day

Of the 610 trading days from 2018 to 2020, there were 1 days in which TBC was up more than 5%. This table shows the average price changes over the 1 days.

Average TypeAverage Price Change
Days after:14710131619
Avg for Change ≥ 5% 3.1 3.9 2.7 5.3 8.0 7.6 7.9

Table 10b. TBC average price changes following a 5% down day

Of the 610 trading days from 2018 to 2020, there were 2 days in which TBC was down more than -5%. This table shows the average price changes over the 2 days.

Average TypeAverage Price Change
Days after:14710131619
Avg for Change ≥ -5% 3.2 3.1 6.9 7.0 6.9 10.5 11.9

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Also see: VIX price movement study.