ONON Competitors
| ONON Stock | USD 44.87 0.74 1.68% |
On Holding vs Wynn Resorts Correlation
Good diversification
The correlation between On Holding and WYNN is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding On Holding and WYNN in the same portfolio, assuming nothing else is changed.
Moving together with ONON Stock
Moving against ONON Stock
At this time, On Holding's Return On Tangible Assets are very stable compared to the past year. As of the 4th of February 2026, Return On Capital Employed is likely to grow to 0.12, while Return On Equity is likely to drop 0.16. At this time, On Holding's Fixed Asset Turnover is very stable compared to the past year. As of the 4th of February 2026, Return On Assets is likely to grow to 0.1, while Net Tangible Assets are likely to drop about 533.2 M.On Holding Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between On Holding and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of ONON and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of On Holding does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between ONON Stock performing well and On Holding Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze On Holding's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DECK | 2.20 | 0.46 | 0.23 | 0.52 | 1.72 | 4.19 | 22.05 | |||
| SN | 1.88 | 0.30 | 0.13 | 0.27 | 2.24 | 5.64 | 10.24 | |||
| HTHT | 1.46 | 0.33 | 0.17 | 0.52 | 1.47 | 2.60 | 11.94 | |||
| CHWY | 1.82 | (0.31) | 0.00 | 59.73 | 0.00 | 3.17 | 9.70 | |||
| SCI | 0.81 | 0.00 | (0.05) | 0.02 | 0.92 | 1.77 | 7.10 | |||
| CCK | 1.20 | 0.21 | 0.12 | 0.36 | 1.39 | 2.87 | 6.71 | |||
| GAP | 1.98 | 0.23 | 0.14 | 0.17 | 1.59 | 6.37 | 12.19 | |||
| BALL | 1.17 | 0.39 | 0.23 | 1.79 | 1.12 | 3.18 | 7.45 | |||
| GME | 1.83 | 0.05 | 0.02 | 0.10 | 1.95 | 4.44 | 10.20 | |||
| WYNN | 1.52 | (0.18) | 0.00 | (0.16) | 0.00 | 3.17 | 10.09 |
Cross Equities Net Income Analysis
Compare On Holding and related stocks such as Deckers Outdoor, SharkNinja, and Huazhu Group Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DECK | 6.3 M | 199.1 M | 128.9 M | 142 M | 161.8 M | 122.3 M | 5.7 M | 114.4 M | 264.3 M | 276.1 M | 382.6 M | 451.9 M | 516.8 M | 759.6 M | 966.1 M | 1.1 B | 1.2 B |
| SN | 45 K | 2 M | (16.3 M) | 26.9 M | (33.9 M) | (1.1 B) | (173.7 M) | 58.3 M | 85.2 M | 327.2 M | 327.2 M | 331.1 M | 232.4 M | 167.1 M | 438.7 M | 504.5 M | 529.7 M |
| HTHT | (111.6 M) | 114.8 M | 174.9 M | 279.9 M | 307.3 M | 436.6 M | 782 M | 1.2 B | 716 M | 1.8 B | (2.1 B) | (465 M) | (1.8 B) | 4.1 B | 3 B | 3.5 B | 3.7 B |
| CHWY | (107.2 M) | (107.2 M) | (107.2 M) | (107.2 M) | (107.2 M) | (107.2 M) | (107.2 M) | (338.1 M) | (267.9 M) | (252.4 M) | (92.5 M) | (75.2 M) | 49.9 M | 39.6 M | 392.7 M | 451.6 M | 474.2 M |
| SCI | 41 M | 144.9 M | 152.5 M | 143.8 M | 172.5 M | 233.8 M | 177 M | 546.7 M | 447.2 M | 369.6 M | 515.9 M | 802.9 M | 565.3 M | 537.3 M | 518.6 M | 596.4 M | 626.3 M |
| CCK | 71.7 M | 282 M | 559 M | 324 M | 390 M | 393 M | 496 M | 323 M | 439 M | 510 M | 579 M | (560 M) | 727 M | 450 M | 424 M | 487.6 M | 512 M |
| GAP | 27.7 M | 833 M | 1.1 B | 1.3 B | 1.3 B | 920 M | 676 M | 848 M | 1 B | 351 M | (665 M) | 256 M | (202 M) | 502 M | 844 M | 970.6 M | 662.9 M |
| BALL | 51.2 M | 444 M | 396.3 M | 406.8 M | 470 M | 281 M | 263 M | 374 M | 454 M | 566 M | 585 M | 878 M | 719 M | 707 M | 4 B | 4.6 B | 4.8 B |
| GME | 2.5 M | 339.9 M | (269.7 M) | 354.2 M | 393.1 M | 402.8 M | 353.2 M | 34.7 M | (673 M) | (470.9 M) | (215.3 M) | (381.3 M) | (313.1 M) | 6.7 M | 131.3 M | 118.2 M | 124.1 M |
| WYNN | (10.6 M) | 613.4 M | 502 M | 728.7 M | 731.6 M | 195.3 M | 242 M | 747.2 M | 584.2 M | 123 M | (2.1 B) | (755.8 M) | (423.9 M) | 730 M | 501.1 M | 451 M | 473.5 M |
On Holding and related stocks such as Deckers Outdoor, SharkNinja, and Huazhu Group Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in On Holding financial statement analysis. It represents the amount of money remaining after all of On Holding operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.On Holding Competitive Analysis
The better you understand On Holding competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, On Holding's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across On Holding's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
On Holding Competition Performance Charts
Five steps to successful analysis of On Holding Competition
On Holding's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by On Holding in relation to its competition. On Holding's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of On Holding in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact On Holding's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to On Holding, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out On Holding Correlation with its peers. To learn how to invest in ONON Stock, please use our How to Invest in On Holding guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Will Textiles, Apparel & Luxury Goods sector continue expanding? Could ONON diversify its offerings? Factors like these will boost the valuation of On Holding. Anticipated expansion of ONON directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every On Holding data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 2.831 | Earnings Share 0.86 | Revenue Per Share | Quarterly Revenue Growth 0.249 | Return On Assets |
Investors evaluate On Holding using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating On Holding's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause On Holding's market price to deviate significantly from intrinsic value.
It's important to distinguish between On Holding's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding On Holding should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, On Holding's market price signifies the transaction level at which participants voluntarily complete trades.