| Benford Chart for ADCT 10Q Filed 8/6/2024 | ||||||||||||||||||||||||||||||||||||
Total numbers found: 835 Recent share count: 82,777,226 (8's column) ■ = Typical range across full coverage universe | ||||||||||||||||||||||||||||||||||||
| # of Numbers Found in Filing | |||
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On this page of Benford's Law Stocks.com we present our study of ADC Therapeutics SA — ticker symbol ADCT. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/13/2024 to 8/6/2024
for ADC Therapeutics SA under CIK number 0001771910.
For filings made in XBRL (eXtensible
Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL
filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format
found for each filing is presented below together with the results for ADCT, with the percentage of found numbers beginning with each digit
(1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as
well as the "normal" range for ADC Therapeutics SA based on the past ADCT filings our system processed in the past.
| Benford's Law Stocks Score for ADCT = 72 | ||
Starting from a possible score of 100, we made the following score deductions: • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier. • We deducted point (includes the impact of penalty multiplier) upon observing the 3's percentage was above the typical coverage universe range. • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier. • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction. • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier. • However, because we observed that the company's shares outstanding count begins with the digit 8, we canceled the penalty multiplier. • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction. • We deducted points upon observing the 8's percentage was above the typical coverage universe range. • We deducted points upon observing the 9's percentage was above the typical coverage universe range. |
| ADCT's Score Vs. Typical Stock | |||
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Check our work! We provide our ADC Therapeutics SA Benford's Law analysis for informational purposes only, and our software should be expected to
make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating
the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the ADCT filing
above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also
be helpful for exploring any columns in particular that caught your eye.
| 1's | 2's | 3's |
|---|---|---|
| We found 230 numbers that start with the digit 1. Here they are: 1 15,191 16,177 17,181 16,334 10,511 1,647 10,708 15,569 113,673 112,730 10,180 1,279,296 1,180,545 1,418,622 1,335,472 131,670 148,249 17,030 19,197 125 17,410 19,283 1,217 1,132 1,105 10,701 14,456 10,238 12,002 128,134 12,679 10,309 159 13,004 18,815 110,146 106,166 1,284 108,296 1.33 108,296 17 170 130 142 103 137 108,764 1,181,020 1,382,078 194,449 17 17 137 137 137 1 10,411,912 1,988 1,988 10,411,912 1,279,296 1,418,622 131,670 1,180,545 1,335,472 148,249 142 142 103 103 18 10,411,912 10,411,912 1,279,296 1,418,622 131,670 1,174,879 1,669 1,154,793 170 170 130 130 1,014,215 1,118 1,118 1,030 1,014,215 1,118 1,175,909 1,355 1,203,715 19,696 1,166,414 1,823 1,095,419 108,296 108,296 108,296 108,764 111 1,269,106 111 130,348 11 1,399,454 122 1,175,909 1,355 1,203,715 19,696 108,296 13,790 1,503 1,036 1,024 1,284 18 15,588 1,028 150 1,225 1,134 1,134 1,134 1,134 15,123 16,095 15,191 16,177 1,036 1,119 1,138 1,173 10,174 1,647 1,387 110.1 18,304 12,693 1,543 1,415 1,467 10,937 11,496 175.0 120.0 16.83 1,503 113.7 112.7 12,480 124,740 1,781,262 1,134 1.66 140.6 116.0 1,898 16,359 100 183 149 118 165 121 13,411,912 105.0 19.99 17,030 19,197 125 17,410 19,283 17,030 19,197 125 17,410 19,283 13,161 1,858 11,251 14,508 11,337 12,121 1,020 1,064 11,251 14,508 1,316 1,485 11,399 12,084 14,508 11,337 16,359 11,575 12,679 10,309 15 159 17,741,355 157,773 157,906 133 1,010 1,000,000 11.00 10,744,406 10.50 14.18 1.96 1.69 1.96 1.96 1.69 1.96 1,229 1,725 1.88 1.48 146 108 108,296 1.33 11,293,279 1,108,899 17,342,313 | We found 118 numbers that start with the digit 2. Here they are: 278,598 22,868 25,182 260 239 2,984,217 24,295 22,091 29,807 22,269 27,505 29,041 2,372 25,175 20,600 2,754 20,287 234 2,130 232 245 201 22 254,899 22 25,604 240 263 2,984,217 239 245 245 245 2 229,675 240 2,146 2,146 2,984,217 239 28,422 232 232 2,146 2,130 240 2,314 2,400 287 200 2,228 2,228 21,552 20,919 278,598 2,569 270 296 296 296 296 288 273 260 2 24,902 2,631,578 24.70 28.07 2,230 20 296 24.70 28.07 24.70 28.07 27 23 225.0 222,277 27,915 2,569 275 227 223 229 229 2,801 2,933 2,801 2,801 2,933 2,424 2,403 28 25 24 25 2.4 25,175 20,600 2,230 20 263 2,754 2,833,459 2,357 2,038 25 2.62 2.38 2.38 2,745 2.03 280,000 2.1 205 20,688,034 | We found 121 numbers that start with the digit 3. Here they are: 300,119 355,359 336,291 371,779 354,782 316,211 303,572 338 371,779 354,782 34,878 38,150 380 35,463 38,275 3,727 31,342 39,649 3,253 35,713 397 3,980 35,947 36,544 38 36,544 311 314 36,681 36,544 36,544 36,544 36,681 3,000,000 36,925 36,925 3,280,503 338 31,988 305 323 3,000,000 36,925 36,925 3,764,592 302 338 314 314 314 311 311 3,017 3,102 36,925 323 31 326,441 300,119 347,510 300.1 3,905 3,953 3,652 326 35.7 3,973 3,807 3,090 3.16 325.0 309,613 322,877 347 37 352 36.9 34,878 38,150 380 35,463 38,275 34,878 38,150 380 35,463 38,275 3,768 3,759 3,479 3,479 3,257 3,946 3,904 3,257 3,046 3,746 3,746 37 38 38 35 37 36 37 3.3 37 320 315 3.83 32.53 31,988 3.02 3.31 3.31 3.56 3.75 3.39 3.16 36,544 38 |
| 4's | 5's | 6's |
|---|---|---|
| We found 80 numbers that start with the digit 4. Here they are: 46,924 46,451 4,547 4,234 4,498 48,155 48,922 48,922 40 444 468 49,236 40 41 42 42 48,922 48,922 40 40 444 444 48,922 49,236 468 468 468 414 425 49,089 4,930 425 4,154 4,691 4,275 4 4.5 4.0 46,924 4,413 4,480 440 4,413 4,480 4,412,840 4.6 4,972 447 40 40 4.90 4.81 44 4,362 4,298 4,182 4,182 40 4.5 4,413 4,480 455 4,234 4,806,185 4,066 428,200 4,910,379 4.71 4.86 4.71 4.86 4.24 4.54 4.02 4.54 4.13 4,921 48,922 4,940,135 4,940,135 | We found 65 numbers that start with the digit 5. Here they are: 5,483 5,622 52,101 57,632 503,449 503,031 541 585 50,030 58,932 5,067 52,653 597 502 59,345 541 502,929 59,345 557 557 5,172 5,346 526 5,288 536 50 5,732 50,380 561 561 5,167 5,483 5,622 536 5,966 52.7 52,101 527,295 5.1 526 59 50,000 585 585 5,617 5,783 5,734 5,734 5,829 5 5,417 526 5,288 59 567 5,067 540,400 5,047,644 5.45 5.45 502,929 521,038 5,789,876 5,166,541 5,166,541 | We found 41 numbers that start with the digit 6. Here they are: 67,670 6,624 6,748,809 69,717 62,654 6,201 6,672 60 61 64 6,264,720 64 64 60,506 6,748,809 61 61 60,506 645 6,999,965 679 6,999,965 657 636 6,083 687 61,731 6,230 68 657 673 636 60.5 6.2 636 688,800 689 6,533,843 60 688,800 623,335 |
| 7's | 8's | 9's |
|---|---|---|
| We found 52 numbers that start with the digit 7. Here they are: 711 7,312 767 79 73 700 7,312 73 73 7,312 72 74 7,312 7,312 7,312 79,451 79 79 700 700 7,312 780 714 76,940 73,102 74 73,527 7,874 7,522 7,635 727 780 7,613 733,568 7,873 7,517 75.0 75,000 75 75 79 7.6 791 791 7,391 7,886 7,886 745 715 75 75 70 | We found 74 numbers that start with the digit 8. Here they are: 8,879 8,233 89,041,946 82,293,137 86 89,859 81,469 81,866 83,150 81,471,127 89,121,783 81,140,287 83,150 81 81 83,395 89,041,946 81 81 8,233 89,041,946 83,150 83,150 81 81 83,150 83,395 8,233 89,041,946 8,014,180 88 88 88 89,041,946 89,041,946 8,399,419 89,041,946 83,150 838 859 82 81.5 8,088 8,180 8.30 8,816 8,816 838 8,709 83 81 8,163,265 86 86 8,217 8,598 877 877 8,534 8,534 8,934 8,266 8,816 838 848 8,987 8,000,000 866,595 80 80 83,150 81,471,127 89,121,783 81,140,287 | We found 54 numbers that start with the digit 9. Here they are: 96,647,450 9,685 992 9,309 99,453,858 96,469,641 93 98,117 93 95,691,245 921 921 98,276 99,460 99,453,858 93 921 921 98,751 99,974 99,453,858 9,192 9,192 9,495 9,617 9,192 943 999 99,053 977 9,897 9,020 943 9,020 9,330 99,840 97.4 9.99 9,393 9,020 96 975 95 95 9.23 9,958,023 9,958,023 9.8 95 95 9.17 95,691,245 93 9,269,223 |
While the above ADCT 10Q Filed 8/6/2024 is interesting in isolation, we have found that it is also useful to take a look at older
ADC Therapeutics SA filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a
Benford's Law analysis. Below we repeat the 10Q Filed 8/6/2024 but instead of the chart comparing against the typical company across
our coverage universe, below we show the same chart compared against the typical ADCT 10Q and 10K filings that we have processed
historically. This is followed by similar charts for each of those historical filings.
| 10Q Filed 8/6/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 835 ■ = Typical ADCT range from 3/13/2024 to 8/6/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/6/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 529 ■ = Typical ADCT range from 3/13/2024 to 8/6/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 3/13/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 920 ■ = Typical ADCT range from 3/13/2024 to 8/6/2024 | ||||||||||||||||||||||||||||||||||||