ADTRAN Calculated Tax Rate from 2010 to 2023

ADTN Stock  USD 8.38  0.12  1.45%   
ADTRAN Calculated Tax Rate yearly trend continues to be very stable with very little volatility. Calculated Tax Rate is likely to drop to 35.23. During the period from 2010 to 2023, ADTRAN Calculated Tax Rate quarterly data regression pattern had sample variance of 81.21 and median of  35.23. ADTRAN Direct Expenses is very stable at the moment as compared to the past year. ADTRAN reported last year Direct Expenses of 698.28 Million. As of 26th of September 2023, Interest Expense is likely to grow to about 3.7 M, while Consolidated Income is likely to drop (9.1 M).
Check ADTRAN financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ADTRAN main balance sheet or income statement drivers, such as Direct Expenses of 753.4 M, Cost of Revenue of 576.2 M or Gross Profit of 286.5 M, as well as many exotic indicators such as Long Term Debt to Equity of 0.0698, Calculated Tax Rate of 35.23 or PPandE Turnover of 10.01. ADTRAN financial statements analysis is a perfect complement when working with ADTRAN Valuation or Volatility modules.
  
This module can also supplement ADTRAN's financial leverage analysis and stock options assessment as well as various ADTRAN Technical models . Check out the analysis of ADTRAN Correlation against competitors.

ADTRAN Calculated Tax Rate Breakdown

Showing smoothed Calculated Tax Rate of ADTRAN Inc with missing and latest data points interpolated. ADTRAN's Calculated Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ADTRAN's overall financial position and show how it may be relating to other accounts over time.
Calculated Tax Rate10 Years Trend
Slightly volatile
   Calculated Tax Rate   
       Timeline  

ADTRAN Calculated Tax Rate Regression Statistics

Arithmetic Mean36.67
Geometric Mean35.60
Coefficient Of Variation24.58
Mean Deviation7.89
Median35.23
Standard Deviation9.01
Sample Variance81.21
Range21.90
R-Value0.59
Mean Square Error57.00
R-Squared0.35
Significance0.025303
Slope1.28
Total Sum of Squares1,056

ADTRAN Calculated Tax Rate History

2022 41.99
2017 46.65
2016 24.88
2015 27.47
2014 25.52
2013 24.75
2012 35.23
2011 32.78
2010 32.23

About ADTRAN Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ADTRAN income statement, its balance sheet, and the statement of cash flows. ADTRAN investors use historical funamental indicators, such as ADTRAN's Calculated Tax Rate, to determine how well the company is positioned to perform in the future. Although ADTRAN investors may use each financial statement separately, they are all related. The changes in ADTRAN's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ADTRAN's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ADTRAN Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ADTRAN. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Calculated Tax Rate 41.99  35.23 

ADTRAN Investors Sentiment

The influence of ADTRAN's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ADTRAN. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ADTRAN's public news can be used to forecast risks associated with an investment in ADTRAN. The trend in average sentiment can be used to explain how an investor holding ADTRAN can time the market purely based on public headlines and social activities around ADTRAN Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ADTRAN's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ADTRAN's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ADTRAN's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ADTRAN.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ADTRAN in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ADTRAN's short interest history, or implied volatility extrapolated from ADTRAN options trading.

Pair Trading with ADTRAN

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ADTRAN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ADTRAN will appreciate offsetting losses from the drop in the long position's value.

Moving together with ADTRAN Stock

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Moving against ADTRAN Stock

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The ability to find closely correlated positions to ADTRAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADTRAN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ADTRAN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ADTRAN Inc to buy it.
The correlation of ADTRAN is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ADTRAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADTRAN Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ADTRAN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of ADTRAN Correlation against competitors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is ADTRAN'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 ADTRAN. If investors know ADTRAN 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 ADTRAN 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
(0.60)
Dividend Share
0.36
Earnings Share
(0.92)
Revenue Per Share
17.542
Quarterly Revenue Growth
0.903
The market value of ADTRAN Inc is measured differently than its book value, which is the value of ADTRAN that is recorded on the company's balance sheet. Investors also form their own opinion of ADTRAN's value that differs from its market value or its book value, called intrinsic value, which is ADTRAN'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 ADTRAN's market value can be influenced by many factors that don't directly affect ADTRAN'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 ADTRAN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ADTRAN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ADTRAN'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.