ADTRAN Stock Price on March 21, 2023

ADTN Stock  USD 8.80  0.01  0.11%   
If you're considering investing in ADTRAN Stock, it is important to understand the factors that can impact its stock price. As of today, the current price of ADTRAN is 8.80, as last reported on the 1st of June, with the highest price reaching 8.84 and the lowest price hitting 8.57 during the day.
ADTRAN Inc secures Sharpe Ratio (or Efficiency) of -0.24, which signifies that the company had -0.24% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. ADTRAN Inc exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm ADTRAN Inc mean deviation of 2.31, and Risk Adjusted Performance of (0.21) to double-check the risk estimate we provide.
  
As of 1st of June 2023, Net Income Common Stock is likely to drop to about (2.1 M). ADTRAN Price to Book Value is very stable at the moment as compared to the past year. ADTRAN reported last year Price to Book Value of 1.47. As of 1st of June 2023, Price to Sales Ratio is likely to grow to 1.26, while Price to Earnings Ratio are likely to drop (642.82) . ADTRAN Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2393

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Negative ReturnsADTN

Estimated Market Risk

 3.92
  actual daily
 34 
66% of assets are more volatile
3434

Expected Return

 -0.94
  actual daily
 
Most of other assets have higher returns
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Risk-Adjusted Return

 -0.24
  actual daily
 
Most of other assets perform better
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Based on monthly moving average ADTRAN is performing at about 0% of its full potential. 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 it to a well-diversified portfolio.

ADTRAN Stock Most Recent Updates

Price Book
1.7802
Enterprise Value Ebitda
(115.12) 
Price Sales
1.8265
Shares Float
70.7 M
Dividend Share
0.36

ADTRAN Main Headline on 21st of March 2023

ADTRAN Inc dividend paid on 21st of March 2023

ADTRAN Valuation on March 21, 2023

It is possible to determine the worth of ADTRAN on a given historical date. On March 21, 2023 ADTRAN was worth 15.75 at the beginning of the trading date compared to the closed value of 15.8. 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 Visa 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
  15.54    15.79    15.32    15.32    311,250  
03/21/2023
  15.75    16.09    15.75    15.80    687,866  
  15.87    15.87    14.66    14.66    526,463  
Backtest ADTRAN  |  ADTRAN History  |  ADTRAN Valuation   PreviousNext  
Open Value 15.75
15.8
Closing Value
27.51
Upside

ADTRAN Trading Date Momentum on March 21, 2023

On March 22 2023 ADTRAN Inc was traded for  14.66  at the closing time. The top price for the day was 15.87  and the lowest listed price was  14.66 . The trading volume for the day was 526.5 K. The trading history from March 22, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 7.22% . The overall trading delta against the current closing price is 1.08% .

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 ReportedProjected for 2023
Weighted Average Shares62.3 M55 M
Weighted Average Shares Diluted62.3 M55.1 M
Issuance Purchase of Equity Shares6.9 M7.4 M

ADTRAN Quarterly Market Capitalization

1.25 Billion

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.
A focus of ADTRAN technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ADTRAN trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ADTRAN Period Price Range

Low
March 21, 2023
High

 15.75 

  

 15.80 

0.050.32%

ADTRAN June 1, 2023 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

ADTRAN Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ADTRAN stock's 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 stock 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.
Check out Trending Equities to better understand how to build diversified portfolios. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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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
0.36
Earnings Share
(0.45) 
Revenue Per Share
17.154
Quarterly Revenue Growth
1.096
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. Check out Trending Equities to better understand how to build diversified portfolios.