On Holding Stock Price Prediction

ONON Stock  USD 58.33  0.43  0.74%   
The relative strength index (RSI) of On Holding's the stock price is about 66. This indicates that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling ONON, making its price go up or down.

Oversold Vs Overbought

66

 
Oversold
 
Overbought
The successful prediction of On Holding's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with On Holding, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting On Holding's stock price prediction:
Quarterly Earnings Growth
(0.49)
EPS Estimate Next Quarter
0.21
EPS Estimate Current Year
0.8014
EPS Estimate Next Year
1.008
Wall Street Target Price
52.4709
Using On Holding hype-based prediction, you can estimate the value of On Holding from the perspective of On Holding response to recently generated media hype and the effects of current headlines on its competitors.

On Holding Hype to Price Pattern

Investor biases related to On Holding's public news can be used to forecast risks associated with an investment in ONON. The trend in average sentiment can be used to explain how an investor holding ONON can time the market purely based on public headlines and social activities around On Holding. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of On Holding's market sentiment to its price can help taders to make decisions based on the overall investors consensus about On Holding.
The fear of missing out, i.e., FOMO, can cause potential investors in On Holding to buy its stock at a price that has no basis in reality. In that case, they are not buying ONON because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

On Holding after-hype prediction price

    
  USD 58.81  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out On Holding Basic Forecasting Models to cross-verify your projections.
To learn how to invest in ONON Stock, please use our How to Invest in On Holding guide.
Intrinsic
Valuation
LowRealHigh
48.5150.7364.16
Details
Naive
Forecast
LowNextHigh
57.2159.4361.66
Details
25 Analysts
Consensus
LowTargetHigh
33.2836.5740.59
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.160.200.23
Details

On Holding After-Hype Price Prediction Density Analysis

As far as predicting the price of On Holding at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in On Holding or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of On Holding, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

On Holding Estimiated After-Hype Price Volatility

In the context of predicting On Holding's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on On Holding's historical news coverage. On Holding's after-hype downside and upside margins for the prediction period are 56.59 and 61.03, respectively. We have considered On Holding's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
58.33
58.81
After-hype Price
61.03
Upside
On Holding is very steady at this time. Analysis and calculation of next after-hype price of On Holding is based on 3 months time horizon.

On Holding Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as On Holding is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading On Holding backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with On Holding, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.40 
2.22
  0.48 
  0.34 
10 Events / Month
9 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
58.33
58.81
0.82 
183.47  
Notes

On Holding Hype Timeline

On Holding is now traded for 58.33. The entity has historical hype elasticity of 0.48, and average elasticity to hype of competition of 0.34. ONON is estimated to increase in value after the next headline, with the price projected to jump to 58.81 or above. The average volatility of media hype impact on the company the price is about 183.47%. The price boost on the next news is projected to be 0.82%, whereas the daily expected return is now at 0.4%. The volatility of related hype on On Holding is about 264.02%, with the expected price after the next announcement by competition of 58.67. The company reported the previous year's revenue of 1.79 B. Net Income was 74.58 M with profit before overhead, payroll, taxes, and interest of 684.9 M. Given the investment horizon of 90 days the next estimated press release will be in about 10 days.
Check out On Holding Basic Forecasting Models to cross-verify your projections.
To learn how to invest in ONON Stock, please use our How to Invest in On Holding guide.

On Holding Related Hype Analysis

Having access to credible news sources related to On Holding's direct competition is more important than ever and may enhance your ability to predict On Holding's future price movements. Getting to know how On Holding's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how On Holding may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CROXCrocs Inc 2.83 8 per month 0.00 (0.17) 3.27 (4.25) 24.38 
SKXSkechers USA 0.43 10 per month 0.00 (0.1) 3.29 (3.41) 11.05 
NKENike Inc 1.27 7 per month 0.00 (0.11) 2.37 (2.31) 13.61 
DBIDesigner Brands 0.44 11 per month 0.00 (0.14) 7.16 (7.83) 24.50 
DECKDeckers Outdoor 5.28 10 per month 1.94  0.09  3.99 (3.72) 15.66 
SHOOSteven Madden 0.04 12 per month 1.69 (0.04) 2.96 (2.75) 8.41 
ADDYYAdidas AG ADR 0.00 0 per month 0.00 (0.11) 3.59 (2.70) 12.13 
WWWWolverine World Wide 0.64 10 per month 1.40  0.16  4.90 (3.08) 38.90 
WEYSWeyco Group(0.42)7 per month 2.21 (0.01) 2.82 (3.22) 25.17 
RCKYRocky Brands 0.30 10 per month 0.00 (0.15) 4.07 (4.71) 30.74 
VRAVera Bradley(0.02)9 per month 2.30 (0.02) 4.21 (3.84) 12.01 
CALCaleres(0.70)10 per month 0.00 (0.16) 4.17 (5.21) 20.00 

On Holding Additional Predictive Modules

Most predictive techniques to examine ONON price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ONON using various technical indicators. When you analyze ONON charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About On Holding Predictive Indicators

The successful prediction of On Holding stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as On Holding, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of On Holding based on analysis of On Holding hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to On Holding's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to On Holding's related companies.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding50.0252.1541.7157.22
PTB Ratio12.655.186.776.43

Story Coverage note for On Holding

The number of cover stories for On Holding depends on current market conditions and On Holding's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that On Holding is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about On Holding's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

On Holding Short Properties

On Holding's future price predictability will typically decrease when On Holding's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of On Holding often depends not only on the future outlook of the potential On Holding's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. On Holding's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding323.3 M
Cash And Short Term Investments528.8 M
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 On Holding Basic Forecasting Models to cross-verify your projections.
To learn how to invest in ONON Stock, please use our How to Invest in On Holding guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.