Adtran Inc Stock Price on August 12, 2024
| ADTN Stock | USD 8.50 0.11 1.31% |
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 8.50, as last reported on the 1st of December, with the highest price reaching 8.54 and the lowest price hitting 8.37 during the day.
If you're considering investing in ADTRAN Stock, it is important to understand the factors that can impact its price. ADTRAN appears to be somewhat reliable, given 3 months investment horizon. ADTRAN Inc secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. By reviewing ADTRAN's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please makes use of ADTRAN's mean deviation of 2.31, and Risk Adjusted Performance of 0.1714 to double-check if our risk estimates are consistent with your expectations.
At this time, ADTRAN's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 1st of December 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 1st of December 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.
IPO Date 9th of August 1994 | 200 Day MA 5.7359 | 50 Day MA 6.7118 | Beta 1.2 |
ADTRAN |
Sharpe Ratio = 0.2245
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Estimated Market Risk
| 3.42 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average ADTRAN is performing at about 17% 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 3.1501 | Enterprise Value Ebitda (5.03) | Price Sales 0.7446 | Shares Float 63.1 M | Wall Street Target Price 9.7952 |
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ADTRAN Valuation on August 12, 2024
It is possible to determine the worth of ADTRAN on a given historical date. On August 12, 2024 ADTRAN was worth 4.83 at the beginning of the trading date compared to the closed value of 4.71. 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 | |
| 4.89 | 4.92 | 4.72 | 4.78 | 649,932 | |
08/12/2024 | 4.83 | 4.83 | 4.67 | 4.71 | 382,943 |
| 4.72 | 4.91 | 4.71 | 4.87 | 503,364 |
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ADTRAN Trading Date Momentum on August 12, 2024
| On August 13 2024 ADTRAN Inc was traded for 4.87 at the closing time. The top price for the day was 4.91 and the lowest listed price was 4.71 . The trading volume for the day was 503.4 K. The trading history from August 13, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 3.40% . The overall trading delta against the current closing price is 14.44% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 78.4 M | 74.3 M | |
| Net Loss | -1.8 M | -1.7 M |
ADTRAN Quarterly Net Working Capital |
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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.
Price Boundaries
ADTRAN Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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ADTRAN December 1, 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.
| Risk Adjusted Performance | 0.1714 | |||
| Jensen Alpha | 0.531 | |||
| Total Risk Alpha | 0.1548 | |||
| Sortino Ratio | 0.2926 | |||
| Treynor Ratio | 0.4525 |
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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.