ADTRAN Free Cash Flow from 2010 to 2024
| ADTN Stock | USD 8.68 0.06 0.70% |
Free Cash Flow | First Reported 1994-09-30 | Previous Quarter 3.9 M | Current Value 25.2 M | Quarterly Volatility 17.8 M |
Check ADTRAN financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ADTRAN's main balance sheet or income statement drivers, such as Depreciation And Amortization of 118.6 M, Interest Expense of 17.1 M or Selling General Administrative of 288.9 M, as well as many indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.0387 or PTB Ratio of 0.92. ADTRAN financial statements analysis is a perfect complement when working with ADTRAN Valuation or Volatility modules.
ADTRAN | Free Cash Flow |
Latest ADTRAN's Free Cash Flow Growth Pattern
Below is the plot of the Free Cash Flow of ADTRAN Inc over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. ADTRAN's Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ADTRAN's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow | 10 Years Trend |
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Free Cash Flow |
| Timeline |
ADTRAN Free Cash Flow Regression Statistics
| Arithmetic Mean | 3,934,550 | |
| Coefficient Of Variation | 1,587 | |
| Mean Deviation | 47,560,553 | |
| Median | 2,000,000 | |
| Standard Deviation | 62,443,671 | |
| Sample Variance | 3899.2T | |
| Range | 227.4M | |
| R-Value | (0.79) | |
| Mean Square Error | 1608.9T | |
| R-Squared | 0.62 | |
| Significance | 0.0005 | |
| Slope | (10,966,347) | |
| Total Sum of Squares | 54589T |
ADTRAN Free Cash Flow History
Other Fundumenentals of ADTRAN Inc
ADTRAN Free Cash Flow component correlations
About ADTRAN Financial Statements
ADTRAN investors utilize fundamental indicators, such as Free Cash Flow, to predict how ADTRAN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow | -88.7 M | -84.3 M | |
| Free Cash Flow Yield | (0.15) | (0.15) | |
| Free Cash Flow Per Share | (1.13) | (1.07) | |
| EV To Free Cash Flow | (8.06) | (7.65) | |
| Price To Free Cash Flows Ratio | (6.49) | (6.16) | |
| Free Cash Flow Operating Cash Flow Ratio | 1.95 | 1.85 |
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
Moving against ADTRAN Stock
| 0.83 | ACLS | Axcelis Technologies | PairCorr |
| 0.78 | CDW | CDW Corp | PairCorr |
| 0.75 | TER | Teradyne | PairCorr |
| 0.69 | KLAC | KLA Tencor | PairCorr |
| 0.67 | VECO | Veeco Instruments | 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 the analysis of ADTRAN Correlation against competitors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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) | Earnings Share (6.51) | Revenue Per Share 11.491 | Quarterly Revenue Growth (0.16) | Return On Assets (0.05) |
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.