Wim Schuren - On Holding Head Technology

ONON Stock  USD 58.33  0.43  0.74%   

Insider

Wim Schuren is Head Technology of On Holding
Address Förrlibuckstrasse 190, Zurich, Switzerland, 8005
Phone41 44 225 15 55
Webhttps://www.on-running.com

On Holding Management Efficiency

The company has return on total asset (ROA) of 0.0652 % which means that it generated a profit of $0.0652 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1068 %, meaning that it created $0.1068 on every $100 dollars invested by stockholders. On Holding's management efficiency ratios could be used to measure how well On Holding manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.15. At this time, On Holding's Non Currrent Assets Other are very stable compared to the past year. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.05, while Total Assets are likely to drop about 1 B.
On Holding currently holds 229 M in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. On Holding has a current ratio of 4.4, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about On Holding's use of debt, we should always consider it together with its cash and equity.

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On Holding AG develops and distributes sports products worldwide. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland. On Holding operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. It employs 1158 people. On Holding (ONON) is traded on New York Stock Exchange in USA. It is located in Förrlibuckstrasse 190, Zurich, Switzerland, 8005 and employs 2,353 people. On Holding is listed under Textiles, Apparel & Luxury Goods category by Fama And French industry classification.

Management Performance

On Holding Leadership Team

Elected by the shareholders, the On Holding's board of directors comprises two types of representatives: On Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ONON. The board's role is to monitor On Holding's management team and ensure that shareholders' interests are well served. On Holding's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, On Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gerald Marolf, Chief Officer
Alex Griffin, Head Marketing
Thilo Brunner, Chief Officer
Narek Verdian, Chief Officer
Olivier Bernhard, CoFounder Director
Caspar Coppetti, CoFounder CoChairman
Samuel Wenger, Chief Officer
Christina Stender, Head Sales
Noa PerryReifer, Chief Officer
Martin Hoffmann, CoCEO CFO
David Allemann, CoFounder CoChairman
Florian Maag, Chief EMEA
Marc Maurer, CoChief Officer
Jiahui Yin, Chief Officer
Wim Schuren, Head Technology

ONON Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is On Holding a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with On Holding

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if On Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in On Holding will appreciate offsetting losses from the drop in the long position's value.

Moving together with ONON Stock

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Moving against ONON Stock

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The ability to find closely correlated positions to On Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace On Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back On Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling On Holding to buy it.
The correlation of On Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as On Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if On Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for On Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether On Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of On Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of On Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on On Holding Stock:
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 closely tied 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 Stocks Directory module to find actively traded stocks across global markets.
Is Textiles, Apparel & Luxury Goods 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 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
(0.49)
Earnings Share
0.44
Revenue Per Share
6.706
Quarterly Revenue Growth
0.323
Return On Assets
0.0652
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.