ADTRAN Historical Valuation
| ADTN Stock | USD 4.74 0.05 1.07% |
Some fundamental drivers such as market cap or ADTRAN enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze ADTRAN Inc valuation indicators such as Working Capital of 0.0 or Enterprise Value of 2 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of ADTRAN's future value.
ADTRAN |
About ADTRAN Valuation Data Analysis
Valuation is the financial process of determining what ADTRAN is worth. ADTRAN valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. ADTRAN valuation ratios help investors to determine whether ADTRAN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ADTRAN with respect to the benefits of owning ADTRAN security.
ADTRAN Valuation Data Chart
ADTRAN valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of ADTRAN equity instrument and the benefits of owning shares of ADTRAN Inc.
As of the 23rd of April 2024, Market Cap is likely to grow to about 2 B. Also, Enterprise Value is likely to grow to about 2 B Enterprise Value
Enterprise Value (or EV) is usually referred to as ADTRAN theoretical takeover price. In the event of an acquisition, an acquirer would have to take on ADTRAN Inc debt, but would also pocket its cash. Enterprise Value is more accurate representation of ADTRAN value than its market capitalization because it takes into account all of ADTRAN Inc existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.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
| 0.81 | INTC | Intel Earnings Call This Week | PairCorr |
Moving against ADTRAN Stock
| 0.95 | GE | GE Aerospace Earnings Call Today | PairCorr |
| 0.94 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.85 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
| 0.81 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.81 | DIS | Walt Disney Sell-off Trend | 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 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.