Onex Corp Stock Today
| ONEXF Stock | USD 73.39 2.11 2.96% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Onex Corp is trading at 73.39 as of the 23rd of April 2024. This is a 2.96 percent increase since the beginning of the trading day. The stock's lowest day price was 72.0. Onex Corp has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Onex Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. Onex Corporation was founded in 1984 and is based in Toronto, Canada with additional offices in New York, New York Englewood Cliffs, New Jersey Boston, Massachusetts and London, United Kingdom. The company has 82.07 M outstanding shares. More on Onex Corp
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Follow Valuation Odds of Bankruptcy
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Onex Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Onex Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Onex Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Gerald Schwartz |
| Old Name | Onex Corp |
| Business Concentration | Financials, Diversified Financial Services, Asset Management, Financial Services (View all Sectors) |
Onex Corp [ONEXF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Onex Corp's market, we take the total number of its shares issued and multiply it by Onex Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Onex Corp classifies itself under Diversified Financial Services sector and is part of Financials industry. The entity has 82.07 M outstanding shares.
Onex Corp has accumulated about 217 M in cash with 361 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.54.
Check Onex Corp Probability Of Bankruptcy
Ownership AllocationOnex Corp owns a total of 82.07 Million outstanding shares. 30% of Onex Corp outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Onex Ownership Details
Onex Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Onex Corp jumping above the current price in 90 days from now is about 71.72%. The Onex Corp probability density function shows the probability of Onex Corp pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Onex Corp has a beta of 0.3433. This indicates as returns on the market go up, Onex Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Onex Corp will be expected to be much smaller as well. Additionally, onex Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Onex Corp to move above the current price in 90 days from now is about 71.72 (This Onex Corp probability density function shows the probability of Onex Pink Sheet to fall within a particular range of prices over 90 days) .
Onex Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Onex Corp market risk premium is the additional return an investor will receive from holding Onex Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Onex Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Onex Corp's alpha and beta are two of the key measurements used to evaluate Onex Corp's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.12 | |||
| Semi Deviation | 1.44 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.29 |
Onex Stock Against Markets
Picking the right benchmark for Onex Corp pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Onex Corp pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Onex Corp is critical whether you are bullish or bearish towards Onex Corp at a given time. Please also check how Onex Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Onex Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Onex Corp Corporate Directors
Onex Corp corporate directors refer to members of an Onex Corp board of directors. The board of directors generally takes responsibility for the Onex Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Onex Corp's board members must vote for the resolution. The Onex Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Heather Reisman | Director | Profile | |
| Laurence Goldberg | Managing Director | Profile | |
| David Hirsch | Managing Director | Profile | |
| Anthony Munk | Sr. Managing Director | Profile |
How to buy Onex Pink Sheet?
Before investing in Onex Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Onex Corp. To buy Onex Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Onex Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Onex Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Onex Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Onex Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Onex Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Onex Corp?
The danger of trading Onex Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Onex Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Onex Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Onex Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onex Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Onex Pink Sheet analysis
When running Onex Corp's price analysis, check to measure Onex Corp'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 Onex Corp is operating at the current time. Most of Onex Corp's value examination focuses on studying past and present price action to predict the probability of Onex Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onex Corp's price. Additionally, you may evaluate how the addition of Onex Corp to your portfolios can decrease your overall portfolio volatility.
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