Advantest Stock Today
| ADTTF Stock | USD 34.27 1.10 3.32% |
Performance0 of 100
| Odds Of DistressLess than 10
|
Advantest is trading at 34.27 as of the 24th of April 2024. This is a 3.32 percent up since the beginning of the trading day. The stock's lowest day price was 34.27. Advantest has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Advantest are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Advantest Corporation manufactures and sells semiconductor and component test system products and mechatronics-related products. The company was founded in 1954 and is headquartered in Tokyo, Japan. Advantest Corp operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. The company has 184.61 M outstanding shares. More on Advantest
Moving against Advantest Pink Sheet
| 0.43 | ASMIY | ASM International | PairCorr |
Follow Valuation Odds of Bankruptcy
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Advantest Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Advantest's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Advantest or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | CH Wu |
| Business Concentration | Semiconductor Equipment & Materials, Technology (View all Sectors) |
Advantest [ADTTF] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Large-Cap' category with a current market capitalization of 14.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Advantest's market, we take the total number of its shares issued and multiply it by Advantest's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Advantest classifies itself under Technology sector and is part of Semiconductor Equipment & Materials industry. The entity has 184.61 M outstanding shares.
Advantest has accumulated about 114.93 B in cash with 78.89 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 615.3, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Advantest Probability Of Bankruptcy
Ownership AllocationAdvantest retains a total of 184.61 Million outstanding shares. The majority of Advantest outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Advantest to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Advantest. Please pay attention to any change in the institutional holdings of Advantest as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Advantest Ownership Details
Advantest Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Advantest jumping above the current price in 90 days from now is close to 99%. The Advantest probability density function shows the probability of Advantest pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Advantest has a beta of 0.5214. This suggests as returns on the market go up, Advantest average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Advantest will be expected to be much smaller as well. Additionally, advantest has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Advantest to move above the current price in 90 days from now is close to 99 (This Advantest probability density function shows the probability of Advantest Pink Sheet to fall within a particular range of prices over 90 days) .
Advantest Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Advantest market risk premium is the additional return an investor will receive from holding Advantest long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Advantest. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Advantest's alpha and beta are two of the key measurements used to evaluate Advantest's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.6 | |||
| Standard Deviation | 2.99 | |||
| Variance | 8.92 | |||
| Risk Adjusted Performance | (0.04) |
Advantest Stock Against Markets
Picking the right benchmark for Advantest pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Advantest pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Advantest is critical whether you are bullish or bearish towards Advantest at a given time. Please also check how Advantest's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Advantest without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Advantest Corporate Directors
Advantest corporate directors refer to members of an Advantest board of directors. The board of directors generally takes responsibility for the Advantest's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Advantest's board members must vote for the resolution. The Advantest board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Takashi Sekino | Executive Officer, Deputy Chief Director of Technology Development | Profile | |
| Sae Myung | Managing Executive Officer, Chief Director of Sales, Director | Profile | |
| Yasushige Hagio | Independent Director | Profile | |
| Yuichi Kurita | Director | Profile |
How to buy Advantest Pink Sheet?
Before investing in Advantest, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Advantest. To buy Advantest stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Advantest. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Advantest stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Advantest stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Advantest stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Advantest, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Advantest?
The danger of trading Advantest is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Advantest is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Advantest. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Advantest is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantest. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Advantest Pink Sheet analysis
When running Advantest's price analysis, check to measure Advantest'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 Advantest is operating at the current time. Most of Advantest's value examination focuses on studying past and present price action to predict the probability of Advantest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advantest's price. Additionally, you may evaluate how the addition of Advantest to your portfolios can decrease your overall portfolio volatility.
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