On24 Inc Stock Price on November 1, 2024
| ONTF Stock | USD 6.91 0.06 0.86% |
If you're considering investing in ON24 Stock, it is important to understand the factors that can impact its price. As of today, the current price of ON24 stands at 6.91, as last reported on the 16th of December 2024, with the highest price reaching 6.97 and the lowest price hitting 6.82 during the day. ON24 appears to be somewhat reliable, given 3 months investment horizon. ON24 Inc retains Efficiency (Sharpe Ratio) of 0.0937, which implies the firm had a 0.0937% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for ON24, which you can use to evaluate the volatility of the company. Please evaluate ON24's standard deviation of 2.1, and Market Risk Adjusted Performance of 0.1638 to confirm if our risk estimates are consistent with your expectations.
At this time, ON24's Stock Based Compensation is most likely to increase significantly in the upcoming years. The ON24's current Stock Based Compensation To Revenue is estimated to increase to 0.29, while Liabilities And Stockholders Equity is projected to decrease to roughly 265.1 M. . The current Price To Sales Ratio is estimated to decrease to 2.04. The current Price Earnings Ratio is estimated to decrease to -7.13. ON24 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ON24 |
Sharpe Ratio = 0.0937
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average ON24 is performing at about 7% 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 ON24 by adding it to a well-diversified portfolio.
Price Book 1.7455 | Enterprise Value Ebitda (1.79) | Price Sales 1.9093 | Shares Float 26 M | Wall Street Target Price 7.6667 |
Related Headline
Thayer Ventures Headline on 1st of November 2024
Acquisition by David Kallery of 36000 shares of Thayer Ventu... by MacroaxisInsider
Filed transaction by Thayer Ventures Acquisition Officer President. Grant, award or other acquisition pursuant to Rule 16b-3
ON24 Valuation on November 1, 2024
It is possible to determine the worth of ON24 on a given historical date. On November 1, 2024 ON24 was worth 6.03 at the beginning of the trading date compared to the closed value of 5.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ON24 stock. Still, in general, we apply an absolute valuation method to find ON24'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 ON24 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ON24's related companies.
| Open | High | Low | Close | Volume | |
| 6.45 | 6.45 | 6.04 | 6.05 | 68,122 | |
11/01/2024 | 6.03 | 6.03 | 5.73 | 5.90 | 123,894 |
| 5.84 | 6.02 | 5.84 | 5.94 | 68,702 |
| Backtest ON24 | | | ON24 History | | | ON24 Valuation | Previous | Next |
ON24 Trading Date Momentum on November 1, 2024
| On November 04 2024 ON24 Inc was traded for 5.94 at the closing time. The top price for the day was 6.02 and the lowest listed price was 5.84 . The trading volume for the day was 68.7 K. The trading history from November 4, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 0.68% . The trading delta at closing time against the current closing price is 11.86% . |
ON24 Inc Fundamentals Correlations and Trends
By evaluating ON24'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 ON24's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ON24 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ON24 Stock history
ON24 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 ON24 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ON24 Inc 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 ON24 stock prices may prove useful in developing a viable investing in ON24
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 44.6 M | 49.4 M | |
| Net Loss | -52.4 M | -49.8 M |
ON24 Quarterly Net Working Capital |
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ON24 Stock Technical Analysis
ON24 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
ON24 Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
ON24 Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ON24 December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how ON24 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ON24 shares will generate the highest return on investment. By undertsting and applying ON24 stock market strength indicators, traders can identify ON24 Inc entry and exit signals to maximize returns
ON24 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ON24's price direction in advance. Along with the technical and fundamental analysis of ON24 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ON24 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 | 0.0949 | |||
| Jensen Alpha | 0.102 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0805 | |||
| Treynor Ratio | 0.1538 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ON24 Stock analysis
When running ON24's price analysis, check to measure ON24'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 ON24 is operating at the current time. Most of ON24's value examination focuses on studying past and present price action to predict the probability of ON24's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ON24's price. Additionally, you may evaluate how the addition of ON24 to your portfolios can decrease your overall portfolio volatility.
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