Advantest Stock Price on October 4, 2023
| ADTTF Stock | USD 62.50 0.00 0.00% |
If you're considering investing in Advantest Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Advantest stands at 62.50, as last reported on the 29th of November, with the highest price reaching 62.50 and the lowest price hitting 62.50 during the day. Advantest appears to be very steady, given 3 months investment horizon. Advantest 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 analyzing Advantest's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please makes use of Advantest's Mean Deviation of 1.21, risk adjusted performance of 0.1749, and Standard Deviation of 2.87 to double-check if our risk estimates are consistent with your expectations.
Advantest Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Advantest |
Sharpe Ratio = 0.2235
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Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Advantest 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 Advantest by adding it to a well-diversified portfolio.
Advantest Valuation on October 4, 2023
It is possible to determine the worth of Advantest on a given historical date. On October 4, 2023 Advantest was worth 26.76 at the beginning of the trading date compared to the closed value of 26.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advantest pink sheet. Still, in general, we apply an absolute valuation method to find Advantest'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 Advantest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advantest's related companies.
| Open | High | Low | Close | Volume | |
| 27.76 | 27.76 | 27.76 | 27.76 | 139.00 | |
10/04/2023 | 26.76 | 26.77 | 26.76 | 26.77 | 1,000.00 |
| 28.73 | 28.73 | 28.73 | 28.73 | 100.00 |
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Advantest Trading Date Momentum on October 4, 2023
| On October 10 2023 Advantest was traded for 28.73 at the closing time. The highest daily price throughout the period was 28.73 and the lowest price was 28.73 . The daily volume was 100.0. The net trading volume on 10/10/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 7.32% . The overall trading delta to current closing price is 9.08% . |
Advantest Fundamentals Correlations and Trends
By evaluating Advantest'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 Advantest's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advantest financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Advantest Pink Sheet history
Advantest 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 Advantest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advantest 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 Advantest stock prices may prove useful in developing a viable investing in Advantest
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. It employs 5941 people.
Advantest Pink Sheet Technical Analysis
Advantest technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Advantest Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Advantest November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Advantest pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advantest shares will generate the highest return on investment. By undertsting and applying Advantest pink sheet market strength indicators, traders can identify Advantest entry and exit signals to maximize returns
Advantest Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Advantest's price direction in advance. Along with the technical and fundamental analysis of Advantest Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Advantest 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 | 0.1749 | |||
| Jensen Alpha | 0.6508 | |||
| Total Risk Alpha | 0.1855 | |||
| Treynor Ratio | (2.15) |
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| Volume Indicators |
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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