Adtran Inc Stock Five Year Return
| ADTN Stock | USD 11.65 0.18 1.52% |
ADTRAN Inc fundamentals help investors to digest information that contributes to ADTRAN's financial success or failures. It also enables traders to predict the movement of ADTRAN Stock. The fundamental analysis module provides a way to measure ADTRAN's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ADTRAN stock.
ADTRAN |
ADTRAN Inc Company Five Year Return Analysis
ADTRAN's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current ADTRAN Five Year Return | 2.52 % |
Most of ADTRAN's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ADTRAN Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, ADTRAN Inc has a Five Year Return of 2.52%. This is much higher than that of the Communications Equipment sector and significantly higher than that of the Information Technology industry. The five year return for all United States stocks is notably lower than that of the firm.
ADTRAN Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ADTRAN's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ADTRAN could also be used in its relative valuation, which is a method of valuing ADTRAN by comparing valuation metrics of similar companies.ADTRAN is currently under evaluation in five year return category among its peers.
ADTRAN Fundamentals
| Return On Equity | -0.58 | ||||
| Return On Asset | -0.0465 | ||||
| Profit Margin | (0.57) % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 1.05 B | ||||
| Shares Outstanding | 79.31 M | ||||
| Shares Owned By Insiders | 1.93 % | ||||
| Shares Owned By Institutions | 88.99 % | ||||
| Number Of Shares Shorted | 956.03 K | ||||
| Price To Earning | 405.00 X | ||||
| Price To Book | 4.32 X | ||||
| Price To Sales | 1.02 X | ||||
| Revenue | 1.15 B | ||||
| Gross Profit | 312.79 M | ||||
| EBITDA | (96.06 M) | ||||
| Net Income | (267.69 M) | ||||
| Cash And Equivalents | 111.9 M | ||||
| Cash Per Share | 1.53 X | ||||
| Total Debt | 226.42 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 1.67 X | ||||
| Book Value Per Share | 2.71 X | ||||
| Cash Flow From Operations | (45.6 M) | ||||
| Short Ratio | 0.86 X | ||||
| Earnings Per Share | (6.51) X | ||||
| Price To Earnings To Growth | 11.04 X | ||||
| Target Price | 11.5 | ||||
| Number Of Employees | 3.3 K | ||||
| Beta | 1.3 | ||||
| Market Capitalization | 923.91 M | ||||
| Total Asset | 1.68 B | ||||
| Retained Earnings | (243.91 M) | ||||
| Working Capital | 457.35 M | ||||
| Current Asset | 235.56 M | ||||
| Current Liabilities | 32.05 M | ||||
| Five Year Return | 2.52 % | ||||
| Net Asset | 1.68 B |
About ADTRAN Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ADTRAN Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ADTRAN using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ADTRAN Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.66 | DSWL | Deswell Industries | PairCorr |
| 0.63 | PTAIY | Astra International Tbk | PairCorr |
| 0.62 | DIOD | Diodes Incorporated | PairCorr |
| 0.61 | DM | Desktop Metal | PairCorr |
| 0.61 | PPERY | Bank Mandiri Persero | 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 ADTRAN Piotroski F Score and ADTRAN Altman Z Score analysis. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.
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.