ON Semiconductor's market value is the price at which a share of ON Semiconductor trades on a public exchange. It measures the collective expectations of ON Semiconductor investors about its performance. ON Semiconductor is trading at 49.60 as of the 4th of January 2025, a 3.03% down since the beginning of the trading day. The stock's open price was 51.15. With this module, you can estimate the performance of a buy and hold strategy of ON Semiconductor and determine expected loss or profit from investing in ON Semiconductor over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
O2NS34
ON Semiconductor 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ON Semiconductor's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ON Semiconductor.
0.00
11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
0.00
If you would invest 0.00 in ON Semiconductor on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding ON Semiconductor or generate 0.0% return on investment in ON Semiconductor over 60 days.
ON Semiconductor Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ON Semiconductor's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ON Semiconductor upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for ON Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ON Semiconductor's standard deviation. In reality, there are many statistical measures that can use ON Semiconductor historical prices to predict the future ON Semiconductor's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ON Semiconductor. Your research has to be compared to or analyzed against ON Semiconductor's peers to derive any actionable benefits. When done correctly, ON Semiconductor's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ON Semiconductor.
ON Semiconductor Backtested Returns
At this point, ON Semiconductor is very steady. ON Semiconductor retains Efficiency (Sharpe Ratio) of 0.0261, which implies the firm had a 0.0261% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for ON Semiconductor, which you can use to evaluate the volatility of the company. Please check ON Semiconductor's standard deviation of 2.34, and Market Risk Adjusted Performance of 0.0797 to confirm if the risk estimate we provide is consistent with the expected return of 0.064%. ON Semiconductor has a performance score of 2 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.6, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ON Semiconductor's returns are expected to increase less than the market. However, during the bear market, the loss of holding ON Semiconductor is expected to be smaller as well. ON Semiconductor today owns a risk of 2.46%. Please check ON Semiconductor mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if ON Semiconductor will be following its current price history.
Auto-correlation
-0.46
Modest reverse predictability
ON Semiconductor has modest reverse predictability. Overlapping area represents the amount of predictability between ON Semiconductor time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ON Semiconductor price movement. The serial correlation of -0.46 indicates that about 46.0% of current ON Semiconductor price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.46
Spearman Rank Test
0.04
Residual Average
0.0
Price Variance
0.92
ON Semiconductor lagged returns against current returns
Autocorrelation, which is ON Semiconductor stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ON Semiconductor's stock expected returns. We can calculate the autocorrelation of ON Semiconductor returns to help us make a trade decision. For example, suppose you find that ON Semiconductor has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
ON Semiconductor regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ON Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ON Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ON Semiconductor stock over time.
Current vs Lagged Prices
Timeline
ON Semiconductor Lagged Returns
When evaluating ON Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ON Semiconductor stock have on its future price. ON Semiconductor autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ON Semiconductor autocorrelation shows the relationship between ON Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in ON Semiconductor.
Regressed Prices
Timeline
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.