Onto Retained Earnings from 2010 to 2025
| ONTO Stock | USD 132.53 6.23 4.49% |
Retained Earnings | First Reported 1995-06-30 | Previous Quarter 635.2 M | Current Value 664.5 M | Quarterly Volatility 175.4 M |
Check Onto Innovation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Onto Innovation's main balance sheet or income statement drivers, such as Depreciation And Amortization of 81.2 M, Interest Expense of 6.1 M or Selling General Administrative of 90.1 M, as well as many indicators such as Price To Sales Ratio of 2.57, Dividend Yield of 0.0 or PTB Ratio of 1.55. Onto financial statements analysis is a perfect complement when working with Onto Innovation Valuation or Volatility modules.
Onto | Retained Earnings |
Latest Onto Innovation's Retained Earnings Growth Pattern
Below is the plot of the Retained Earnings of Onto Innovation over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Onto Innovation's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Onto Innovation's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 664.55 M | 10 Years Trend |
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Retained Earnings |
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Onto Retained Earnings Regression Statistics
| Arithmetic Mean | 96,457,906 | |
| Coefficient Of Variation | 303.78 | |
| Mean Deviation | 236,707,621 | |
| Median | (4,863,000) | |
| Standard Deviation | 293,016,046 | |
| Sample Variance | 85858.4T | |
| Range | 880.1M | |
| R-Value | 0.86 | |
| Mean Square Error | 24420.2T | |
| R-Squared | 0.73 | |
| Significance | 0.000022 | |
| Slope | 52,747,811 | |
| Total Sum of Squares | 1287876T |
Onto Retained Earnings History
Other Fundumenentals of Onto Innovation
Onto Innovation Retained Earnings component correlations
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About Onto Innovation Financial Statements
Onto Innovation investors utilize fundamental indicators, such as Retained Earnings, to predict how Onto Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | 664.5 M | 697.8 M | |
| Retained Earnings Total Equity | 417.2 M | 438 M |
Pair Trading with Onto Innovation
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 Onto Innovation 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 Onto Innovation will appreciate offsetting losses from the drop in the long position's value.Moving together with Onto Stock
Moving against Onto Stock
The ability to find closely correlated positions to Onto Innovation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Onto Innovation 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 Onto Innovation - 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 Onto Innovation to buy it.
The correlation of Onto Innovation 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 Onto Innovation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Onto Innovation 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 Onto Innovation 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.Check out the analysis of Onto Innovation Correlation against competitors. To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 Onto Innovation. If investors know Onto 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 Onto Innovation 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 0.589 | Earnings Share 4.07 | Revenue Per Share | Quarterly Revenue Growth 0.206 | Return On Assets |
The market value of Onto Innovation is measured differently than its book value, which is the value of Onto that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation'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 Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation'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 Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onto Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation'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.