On Holding Stock Price on December 31, 2023
| ONON Stock | USD 42.54 0.06 0.14% |
If you're considering investing in ONON Stock, it is important to understand the factors that can impact its price. As of today, the current price of On Holding stands at 42.54, as last reported on the 31st of May, with the highest price reaching 43.35 and the lowest price hitting 41.88 during the day. On Holding appears to be very steady, given 3 months investment horizon. On Holding retains Efficiency (Sharpe Ratio) of 0.12, which implies the firm had a 0.12% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for On Holding, which you can use to evaluate the volatility of the company. Please evaluate On Holding's standard deviation of 3.52, and Market Risk Adjusted Performance of 0.4067 to confirm if our risk estimates are consistent with your expectations.
As of the 31st of May 2024, Common Stock Shares Outstanding is likely to grow to about 344.5 M, while Total Stockholder Equity is likely to drop about 704.5 M. . At this time, On Holding's Price Earnings Ratio is very stable compared to the past year. As of the 31st of May 2024, Price Earnings To Growth Ratio is likely to grow to 3.41, while Price To Sales Ratio is likely to drop 4.06. ONON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ONON |
Sharpe Ratio = 0.116
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Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average On Holding is performing at about 9% 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 On Holding by adding it to a well-diversified portfolio.
Price Book 8.9046 | Enterprise Value Ebitda 71.9809 | Price Sales 5.8466 | Shares Float 210.3 M | Wall Street Target Price 40.33 |
On Holding Valuation on December 31, 2023
It is possible to determine the worth of On Holding on a given historical date. On December 31, 2023 ONON was worth 27.73 at the beginning of the trading date compared to the closed value of 26.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of On Holding stock. Still, in general, we apply an absolute valuation method to find On Holding'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 On Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against On Holding's related companies.
| Open | High | Low | Close | Volume | |
| 27.93 | 28.09 | 27.61 | 27.96 | 3,574,610 | |
12/29/2023 | 27.73 | 28.14 | 26.86 | 26.97 | 4,959,075 |
| 26.62 | 27.25 | 26.46 | 26.76 | 6,189,340 |
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On Holding Trading Date Momentum on December 31, 2023
| On January 02 2024 On Holding was traded for 26.76 at the closing time. The top price for the day was 27.25 and the lowest listed price was 26.46 . The trading volume for the day was 6.2 M. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.78% . The trading delta at closing time against the current closing price is 0.85% . |
On Holding Fundamentals Correlations and Trends
By evaluating On Holding'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 On Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ONON financial account trend analysis is a perfect complement when working with valuation or volatility modules.About On Holding Stock history
On Holding 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 ONON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in On Holding 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 On Holding stock prices may prove useful in developing a viable investing in On Holding
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 323.3 M | 344.5 M | |
| Net Income Applicable To Common Shares | 66.4 M | 69.7 M |
On Holding Quarterly Net Working Capital |
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On Holding Stock Technical Analysis
On Holding 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
On Holding Period Price Range
Low | December 29, 2023
| High |
27.73 | 26.97 |
On Holding May 31, 2024 Market Strength
Market strength indicators help investors to evaluate how On Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading On Holding shares will generate the highest return on investment. By undertsting and applying On Holding stock market strength indicators, traders can identify On Holding entry and exit signals to maximize returns
| Accumulation Distribution | 225573.0 | |||
| Daily Balance Of Power | (0.59) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 27.5 | |||
| Day Typical Price | 27.32 | |||
| Price Action Indicator | (0.91) | |||
| Period Momentum Indicator | 15.57 |
On Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for On Holding's price direction in advance. Along with the technical and fundamental analysis of ONON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ONON 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 | 0.0764 | |||
| Jensen Alpha | 0.3732 | |||
| Total Risk Alpha | 0.3077 | |||
| Sortino Ratio | 0.134 | |||
| Treynor Ratio | 0.3967 |
| Cycle Indicators | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in On Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in ONON Stock, please use our How to Invest in On Holding guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for ONON Stock analysis
When running On Holding's price analysis, check to measure On Holding'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 On Holding is operating at the current time. Most of On Holding's value examination focuses on studying past and present price action to predict the probability of On Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move On Holding's price. Additionally, you may evaluate how the addition of On Holding to your portfolios can decrease your overall portfolio volatility.
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Is On Holding's industry 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 On Holding. If investors know ONON 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 On Holding 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 1.031 | Earnings Share 0.43 | Revenue Per Share 5.878 | Quarterly Revenue Growth 0.209 | Return On Assets 0.0641 |
The market value of On Holding is measured differently than its book value, which is the value of ONON that is recorded on the company's balance sheet. Investors also form their own opinion of On Holding's value that differs from its market value or its book value, called intrinsic value, which is On Holding'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 On Holding's market value can be influenced by many factors that don't directly affect On Holding'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 On Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if On Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, On Holding'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.