On24 Inc Stock Price on June 16, 2023
| ONTF Stock | USD 5.79 0.25 4.14% |
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 5.79, as last reported on the 26th of February, with the highest price reaching 5.96 and the lowest price hitting 5.64 during the day. ON24 Inc retains Efficiency (Sharpe Ratio) of -0.11, which implies the firm had a -0.11 % return per unit of price deviation over the last 3 months. ON24 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ON24's information ratio of (0.04), and Market Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
At this time, ON24's Stock Based Compensation To Revenue is most likely to increase slightly in the upcoming years. . At this time, ON24's Price Cash Flow Ratio is most likely to increase significantly in the upcoming years. ON24 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ON24 |
Sharpe Ratio = -0.112
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ON24 is not performing at its full potential. However, 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 ON24 to a well-diversified portfolio.
Price Book 1.5258 | Enterprise Value Ebitda (1.79) | Price Sales 1.6689 | Shares Float 25.8 M | Wall Street Target Price 7.6667 |
Related Headline
Procore Technologies Headline on 16th of June 2023
Bona fide gift to O Connor Kevin J of 15200 shares of Procor... by O Connor Kevin J
Filed transaction by Procore Technologies Inc director. Exempt bona fide gift subject to Rule 16b-3
ON24 Valuation on June 16, 2023
It is possible to determine the worth of ON24 on a given historical date. On June 16, 2023 ON24 was worth 8.65 at the beginning of the trading date compared to the closed value of 8.55. 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 | |
| 8.36 | 8.53 | 8.34 | 8.53 | 378,600 | |
06/16/2023 | 8.65 | 8.65 | 8.41 | 8.55 | 429,000 |
| 8.46 | 8.58 | 8.39 | 8.55 | 297,000 |
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ON24 Trading Date Momentum on June 16, 2023
| On June 20 2023 ON24 Inc was traded for 8.55 at the closing time. The top price for the day was 8.58 and the lowest listed price was 8.39 . The trading volume for the day was 297 K. The trading history from June 20, 2023 did not cause price change. The trading delta at closing time against the current closing price is 0.58% . |
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 | 51.3 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 | February 26, 2025
| 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 February 26, 2025 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 | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.05) |
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| 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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