On Semiconductor Stock Technical Analysis
| ON Stock | USD 62.93 1.54 2.39% |
As of the 19th of April, ON Semiconductor owns the information ratio of (0.10), and Market Risk Adjusted Performance of (0.11). In connection with fundamental indicators, the technical analysis model allows you to check timely technical drivers of ON Semiconductor, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for ON Semiconductor, which can be compared to its peers in the sector. Please check ON Semiconductor market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if ON Semiconductor is priced favorably, providing market reflects its prevailing price of 62.93 per share. Given that ON Semiconductor has information ratio of (0.10), we recommend you to check out ON Semiconductor's latest market performance to make sure the company can sustain itself sooner or later.
ON Semiconductor Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ON Semiconductor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ON SemiconductorON Semiconductor |
ON Semiconductor Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 119.5 | Buy | 32 | Odds |
Most ON Semiconductor analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ON Semiconductor stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ON Semiconductor, talking to its executives and customers, or listening to ON Semiconductor conference calls.
ON Semiconductor 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.
ON Semiconductor Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ON Semiconductor volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ON Semiconductor Trend Analysis
Use this graph to draw trend lines for ON Semiconductor. You can use it to identify possible trend reversals for ON Semiconductor as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ON Semiconductor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ON Semiconductor Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ON Semiconductor applied against its price change over selected period. The best fit line has a slop of 0.16 , which may indicate that the price for ON Semiconductor will continue to decline. It has 122 observation points and a regression sum of squares at 915.19, which is the sum of squared deviations for the predicted ON Semiconductor price change compared to its average price change.About ON Semiconductor Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ON Semiconductor on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ON Semiconductor based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ON Semiconductor price pattern first instead of the macroeconomic environment surrounding ON Semiconductor. By analyzing ON Semiconductor's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ON Semiconductor's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ON Semiconductor specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0428 | 0.0407 | Price To Sales Ratio | 4.36 | 4.58 |
ON Semiconductor April 19, 2024 Technical Indicators
Most technical analysis of ON Semiconductor help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ON Semiconductor from various momentum indicators to cycle indicators. When you analyze ON Semiconductor charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 2.08 | |||
| Coefficient Of Variation | (1,313) | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.29 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 15.15 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 3.92 | |||
| Skewness | 0.9208 | |||
| Kurtosis | 1.89 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for ON Semiconductor Stock analysis
When running ON Semiconductor's price analysis, check to measure ON Semiconductor'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 Semiconductor is operating at the current time. Most of ON Semiconductor's value examination focuses on studying past and present price action to predict the probability of ON Semiconductor'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 Semiconductor's price. Additionally, you may evaluate how the addition of ON Semiconductor to your portfolios can decrease your overall portfolio volatility.
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Is ON Semiconductor'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 Semiconductor. If investors know ON Semiconductor 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 Semiconductor 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 (0.05) | Earnings Share 4.89 | Revenue Per Share 19.162 | Quarterly Revenue Growth (0.04) | Return On Assets 0.1294 |
The market value of ON Semiconductor is measured differently than its book value, which is the value of ON Semiconductor that is recorded on the company's balance sheet. Investors also form their own opinion of ON Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is ON Semiconductor'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 Semiconductor's market value can be influenced by many factors that don't directly affect ON Semiconductor'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 Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON Semiconductor'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.