ADTRAN Stock Forecast - Accumulation Distribution
| ADTN Stock | USD 4.65 0.02 0.43% |
ADTRAN Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ADTRAN stock prices and determine the direction of ADTRAN Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ADTRAN's historical fundamentals, such as revenue growth or operating cash flow patterns. Although ADTRAN's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of ADTRAN's systematic risk associated with finding meaningful patterns of ADTRAN fundamentals over time.
Check out Historical Fundamental Analysis of ADTRAN to cross-verify your projections. ADTRAN |
Open Interest Against 2024-04-19 ADTRAN Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast ADTRAN'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 in ADTRAN's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for ADTRAN stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current ADTRAN's open interest, investors have to compare it to ADTRAN'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 ADTRAN 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 ADTRAN. 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 ADTRAN 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 ADTRAN's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ADTRAN's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which ADTRAN is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of ADTRAN Inc to determine if accumulation or reduction is taking place in the market. This value is adjusted by ADTRAN trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 22628.77 | 21123.54 |
| Check ADTRAN Volatility | Backtest ADTRAN | Trend Details |
ADTRAN Trading Date Momentum
| On January 27 2023 ADTRAN Inc was traded for 18.18 at the closing time. The top price for the day was 18.75 and the lowest listed price was 18.18 . The trading volume for the day was 397.4 K. The trading history from January 27, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.44% . The overall trading delta against the current closing price is 2.25% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare ADTRAN to competition |
Other Forecasting Options for ADTRAN
For every potential investor in ADTRAN, whether a beginner or expert, ADTRAN's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ADTRAN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ADTRAN. Basic forecasting techniques help filter out the noise by identifying ADTRAN's price trends.ADTRAN 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 ADTRAN stock to make a market-neutral strategy. Peer analysis of ADTRAN could also be used in its relative valuation, which is a method of valuing ADTRAN by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ADTRAN 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 ADTRAN'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 ADTRAN's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ADTRAN Market Strength Events
Market strength indicators help investors to evaluate how ADTRAN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ADTRAN shares will generate the highest return on investment. By undertsting and applying ADTRAN stock market strength indicators, traders can identify ADTRAN Inc entry and exit signals to maximize returns.
ADTRAN Risk Indicators
The analysis of ADTRAN's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ADTRAN's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting adtran stock prices, 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.
| Mean Deviation | 2.42 | |||
| Standard Deviation | 3.18 | |||
| Variance | 10.14 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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
| 0.83 | CPSH | Cps Technologies | PairCorr |
| 0.88 | G | Genpact Limited Sell-off Trend | PairCorr |
Moving against ADTRAN Stock
| 0.85 | FORTY | Formula Systems 1985 | PairCorr |
| 0.8 | MSFT | Microsoft Earnings Call This Week | PairCorr |
| 0.78 | PSTG | Pure Storage Financial Report 29th of May 2024 | PairCorr |
| 0.78 | LRCX | Lam Research Corp Earnings Call This Week | PairCorr |
| 0.78 | NVMI | Nova Financial Report 9th of May 2024 | PairCorr |
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 instruments. 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.Check out Historical Fundamental Analysis of ADTRAN to cross-verify your projections. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for ADTRAN Stock analysis
When running ADTRAN's price analysis, check to measure ADTRAN'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 ADTRAN is operating at the current time. Most of ADTRAN's value examination focuses on studying past and present price action to predict the probability of ADTRAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADTRAN's price. Additionally, you may evaluate how the addition of ADTRAN to your portfolios can decrease your overall portfolio volatility.
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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 0.18 | Earnings Share (3.41) | Revenue Per Share 14.654 | Quarterly Revenue Growth (0.37) |
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.