On Semiconductor Stock Probability of Future Stock Price Finishing Under 70.99
| ON Stock | USD 66.34 1.34 1.98% |
Closest to current price ON Semiconductor long CALL Option Payoff at Expiration
ON Semiconductor |
ON Semiconductor Target Price Odds to finish below 70.99
The tendency of ON Semiconductor Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 70.99 after 90 days |
| 66.34 | 90 days | 70.99 | about 66.8 |
Based on a normal probability distribution, the odds of ON Semiconductor to stay under $ 70.99 after 90 days from now is about 66.8 (This ON Semiconductor probability density function shows the probability of ON Semiconductor Stock to fall within a particular range of prices over 90 days) . Probability of ON Semiconductor price to stay between its current price of $ 66.34 and $ 70.99 at the end of the 90-day period is about 62.28 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.16 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ON Semiconductor will likely underperform. Additionally ON Semiconductor has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. ON Semiconductor Price Density |
| Price |
Predictive Modules for ON Semiconductor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ON Semiconductor. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.ON Semiconductor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ON Semiconductor is not an exception. The market had few large corrections towards the ON Semiconductor's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ON Semiconductor, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ON Semiconductor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 2.21 | |
Ir | Information ratio | -0.07 |
ON Semiconductor Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ON Semiconductor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ON Semiconductor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ON Semiconductor generated a negative expected return over the last 90 days | |
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: Analyzing NVIDIA In Comparison To Competitors In Semiconductors Semiconductor Equipment Industry |
ON Semiconductor Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ON Semiconductor Stock often depends not only on the future outlook of the current and potential ON Semiconductor's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ON Semiconductor's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 446.8 M | |
| Cash And Short Term Investments | 2.5 B |
ON Semiconductor Technical Analysis
ON Semiconductor's future price can be derived by breaking down and analyzing its technical indicators over time. ON Semiconductor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ON Semiconductor. In general, you should focus on analyzing ON Semiconductor Stock price patterns and their correlations with different microeconomic environments and drivers.
ON Semiconductor Predictive Forecast Models
ON Semiconductor's time-series forecasting models is one of many ON Semiconductor's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ON Semiconductor's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about ON Semiconductor
Checking the ongoing alerts about ON Semiconductor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ON Semiconductor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ON Semiconductor generated a negative expected return over the last 90 days | |
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: Analyzing NVIDIA In Comparison To Competitors In Semiconductors Semiconductor Equipment Industry |
Check out ON Semiconductor Backtesting, ON Semiconductor Valuation, ON Semiconductor Correlation, ON Semiconductor Hype Analysis, ON Semiconductor Volatility, ON Semiconductor History as well as ON Semiconductor Performance. 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Semiconductors & Semiconductor 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 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 (0.28) | Earnings Share 4.03 | Revenue Per Share 17.235 | Quarterly Revenue Growth (0.19) | Return On Assets 0.0956 |
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.