Adtran Inc Stock Price on December 31, 2023

ADTN Stock  USD 5.29  0.09  1.73%   
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 5.29, as last reported on the 22nd of June, with the highest price reaching 5.69 and the lowest price hitting 5.21 during the day.
IPO Date
9th of August 1994
200 Day MA
6.2518
50 Day MA
5.0844
Beta
1.192
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ADTRAN Stock, it is important to understand the factors that can impact its price. We consider ADTRAN slightly risky. ADTRAN Inc secures Sharpe Ratio (or Efficiency) of 0.0136, which signifies that the company had a 0.0136% return per unit of risk over the last 3 months. We have found thirty technical indicators for ADTRAN Inc, which you can use to evaluate the volatility of the firm. Please confirm ADTRAN's risk adjusted performance of 0.0109, and Mean Deviation of 2.17 to double-check if the risk estimate we provide is consistent with the expected return of 0.0438%.
  
At this time, ADTRAN's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 22nd of June 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 22nd of June 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.

Sharpe Ratio = 0.0136

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Negative ReturnsADTN

Estimated Market Risk

 3.22
  actual daily
28
72% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average ADTRAN is performing at about 1% 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.
Price Book
0.6289
Enterprise Value Ebitda
(5.03)
Price Sales
0.325
Shares Float
64.5 M
Dividend Share
0.09

ADTRAN Valuation on December 31, 2023

It is possible to determine the worth of ADTRAN on a given historical date. On December 31, 2023 ADTRAN was worth 7.4 at the beginning of the trading date compared to the closed value of 7.34. 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
  7.28    7.44    7.28    7.40    539,499  
12/29/2023
  7.40    7.41    7.24    7.34    517,509  
  7.33    7.66    7.25    7.43    921,840  
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Open Value
7.4
7.34
Closing Value
17.06
Upside

ADTRAN Trading Date Momentum on December 31, 2023

On January 02 2024 ADTRAN Inc was traded for  7.43  at the closing time. The top price for the day was 7.66  and the lowest listed price was  7.25 . The trading volume for the day was 921.8 K. The trading history from January 2, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 1.23% . The overall trading delta against the current closing price is 2.59% .

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 Next Year
Common Stock Shares Outstanding78.4 M74.3 M
Net Loss-1.8 M-1.7 M

ADTRAN Quarterly Net Working Capital

414.21 Million

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
December 29, 2023
-0.06  -0.81%
High

 7.40 

     

 7.34 

ADTRAN June 22, 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

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.

Additional Information and Resources on Investing in ADTRAN Stock

When determining whether ADTRAN Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ADTRAN's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Adtran Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Adtran Inc Stock:
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 closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Communications Equipment space 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
0.09
Earnings Share
(7.02)
Revenue Per Share
13.388
Quarterly Revenue Growth
(0.30)
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.