Adtran Inc Stock Price on March 16, 2023
| ADTN Stock | USD 4.73 0.08 1.72% |
Below is the normalized historical share price chart for ADTRAN Inc extending back to August 10, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ADTRAN stands at 4.73, as last reported on the 19th of April, with the highest price reaching 4.79 and the lowest price hitting 4.60 during the day.
If you're considering investing in ADTRAN Stock, it is important to understand the factors that can impact its price. ADTRAN Inc secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. ADTRAN Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ADTRAN's risk adjusted performance of (0.11), and Mean Deviation of 2.42 to double-check the risk estimate we provide.
At this time, ADTRAN's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 19th of April 2024, Other Stockholder Equity is likely to grow to about 829 M, while Total Stockholder Equity is likely to drop about 476.4 M. . As of the 19th of April 2024, Price To Sales Ratio is likely to drop to 0.48. In addition to that, Price Earnings Ratio is likely to grow to -2.04. ADTRAN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of August 1994 | 200 Day MA 7.1165 | 50 Day MA 5.67 | Beta 1.094 |
ADTRAN |
Sharpe Ratio = -0.1861
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| Negative Returns | ADTN |
Estimated Market Risk
| 3.2 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.6 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ADTRAN is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ADTRAN by adding ADTRAN to a well-diversified portfolio.
Price Book 0.6289 | Enterprise Value Ebitda (5.03) | Price Sales 0.325 | Shares Float 64.8 M | Dividend Share 0.18 |
ADTRAN Valuation on March 16, 2023
It is possible to determine the worth of ADTRAN on a given historical date. On March 16, 2023 ADTRAN was worth 15.21 at the beginning of the trading date compared to the closed value of 15.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ADTRAN stock. Still, in general, we apply an absolute valuation method to find ADTRAN's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ADTRAN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ADTRAN's related companies.
| Open | High | Low | Close | Volume | |
| 15.15 | 15.47 | 15.02 | 15.02 | 572,140 | |
03/16/2023 | 15.21 | 15.65 | 15.07 | 15.26 | 337,082 |
| 15.54 | 15.54 | 15.04 | 15.04 | 1,122,971 |
| Backtest ADTRAN | | | ADTRAN History | | | ADTRAN Valuation | Previous | Next |
ADTRAN Trading Date Momentum on March 16, 2023
| On March 17 2023 ADTRAN Inc was traded for 15.04 at the closing time. The top price for the day was 15.54 and the lowest listed price was 15.04 . The trading volume for the day was 1.1 M. The trading history from March 17, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.44% . The overall trading delta against the current closing price is 4.26% . |
ADTRAN Inc Fundamentals Correlations and Trends
By evaluating ADTRAN's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ADTRAN's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ADTRAN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ADTRAN Stock history
ADTRAN investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ADTRAN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ADTRAN Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ADTRAN stock prices may prove useful in developing a viable investing in ADTRAN
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 78.4 M | 74.3 M | |
| Net Loss | -1.8 M | -1.7 M |
ADTRAN Quarterly Net Working Capital |
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ADTRAN Stock Technical Analysis
ADTRAN technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
ADTRAN Period Price Range
Low | March 16, 2023
| High |
15.21 | 15.26 |
ADTRAN April 19, 2024 Market Strength
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
| Accumulation Distribution | 12492.5 | |||
| Daily Balance Of Power | 0.0862 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15.36 | |||
| Day Typical Price | 15.33 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (10.53) |
ADTRAN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ADTRAN's price direction in advance. Along with the technical and fundamental analysis of ADTRAN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ADTRAN to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (0.23) |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADTRAN Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.