ON24 Competitors
| ONTF Stock | USD 7.89 0.04 0.51% |
ON24 vs Infobird Correlation
Excellent diversification
The correlation between ON24 Inc and IFBD is -0.57 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ON24 Inc and IFBD in the same portfolio, assuming nothing else is changed.
Moving against ON24 Stock
| 0.84 | DOMO | Domo Inc | PairCorr |
| 0.84 | LPSN | LivePerson | PairCorr |
| 0.78 | DDOG | Datadog Earnings Call This Week | PairCorr |
| 0.76 | DT | Dynatrace Holdings LLC | PairCorr |
| 0.75 | ADSK | Autodesk | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ON24's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ON24 Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ON24 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 ON24 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 ON24 Inc does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between ON24 Stock performing well and ON24 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 ON24'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NVNI | 4.65 | (0.96) | 0.00 | (0.64) | 0.00 | 10.23 | 57.59 | |||
| SOPA | 8.92 | 0.34 | 0.03 | (0.89) | 8.60 | 16.92 | 91.61 | |||
| RYDE | 4.96 | (0.74) | 0.00 | (0.20) | 0.00 | 11.11 | 36.06 | |||
| MYSE | 4.32 | (0.54) | 0.00 | (0.15) | 0.00 | 9.04 | 25.91 | |||
| SONM | 6.87 | (0.60) | 0.00 | (20.90) | 0.00 | 15.25 | 38.14 | |||
| AIXI | 5.16 | (2.18) | 0.00 | (0.55) | 0.00 | 9.52 | 45.03 | |||
| SOS | 5.36 | (0.14) | 0.00 | (0.02) | 0.00 | 9.01 | 65.45 | |||
| ELWS | 2,610 | 1,434 | 66.74 | (0.96) | 0.00 | 11.79 | 87,549 | |||
| IFBD | 3.89 | (0.75) | 0.00 | (0.88) | 0.00 | 8.89 | 31.52 |
Cross Equities Net Income Analysis
Compare ON24 Inc and related stocks such as Nvni Group Limited, Society Pass, and Ryde Group Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NVNI | (10.4 M) | (10.4 M) | (10.4 M) | (10.4 M) | (10.4 M) | (10.4 M) | (10.4 M) | (10.4 M) | (10.4 M) | (10.4 M) | (10.4 M) | (77.7 M) | (114.4 M) | (254.7 M) | (86.2 M) | (77.6 M) | (81.4 M) |
| SOPA | (2.9 M) | (2.9 M) | (2.9 M) | (2.9 M) | (2.9 M) | (2.9 M) | (2.9 M) | (2.9 M) | (2.9 M) | (7.3 M) | (3.8 M) | (34.8 M) | (33.8 M) | (18.1 M) | (10.2 M) | (9.2 M) | (9.7 M) |
| RYDE | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (4.9 M) | (12.8 M) | (18.6 M) | (16.8 M) | (15.9 M) |
| MYSE | (29 K) | (29 K) | (29 K) | (29 K) | (29 K) | (261 K) | (1.5 M) | (2.5 M) | (4.9 M) | (6.6 M) | (979.5 K) | (10.8 M) | (12.1 M) | (8.4 M) | (4.2 M) | (3.8 M) | (4 M) |
| SONM | (8.5 M) | (8.5 M) | (8.5 M) | (8.5 M) | (8.5 M) | (8.5 M) | (8.5 M) | (8.5 M) | 1.3 M | (25.8 M) | (29.9 M) | (38.6 M) | (14.1 M) | (90 K) | (33.6 M) | (30.3 M) | (28.8 M) |
| AIXI | (6.8 M) | (6.8 M) | (6.8 M) | (6.8 M) | (6.8 M) | (6.8 M) | (6.8 M) | (6.8 M) | (6.8 M) | (6.8 M) | (6.8 M) | 3.7 M | (5.9 M) | (26.5 M) | (14.5 M) | (13.1 M) | (13.7 M) |
| SOS | 131 K | 131 K | 131 K | 131 K | 131 K | (30 M) | (33.4 M) | (36.6 M) | (66.5 M) | 1.5 M | 4.4 M | (49.3 M) | (229.4 M) | (3.7 M) | (13.6 M) | (12.2 M) | (12.9 M) |
| IFBD | 2.6 M | 2.6 M | 2.6 M | 2.6 M | 2.6 M | 2.6 M | 2.6 M | 2.6 M | 2.6 M | 4.8 M | 4 M | (13.9 M) | (15.3 M) | (2.6 M) | (2.1 M) | (1.9 M) | (2 M) |
ON24 Inc and related stocks such as Nvni Group Limited, Society Pass, and Ryde Group Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in ON24 Inc financial statement analysis. It represents the amount of money remaining after all of ON24 Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.ON24 Competitive Analysis
The better you understand ON24 competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ON24'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 ON24'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 |
ON24 Competition Performance Charts
Five steps to successful analysis of ON24 Competition
ON24'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 ON24 Inc in relation to its competition. ON24's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of ON24 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 ON24's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ON24 Inc, 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.
Complement your ON24 position
In addition to having ON24 in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Marijuana Thematic Idea Now
Marijuana
Small and mid-cap equities that are involved in production and delivery of Marijuana products. This theme is designed for investors that are willing to accept higher levels of market risk inherited by Marijuana production in the United States. The Marijuana theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marijuana Theme or any other thematic opportunities.
| View All Next | Launch |
Check out ON24 Correlation with its peers. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Can Application Software industry sustain growth momentum? Does ON24 have expansion opportunities? Factors like these will boost the valuation of ON24. Anticipated expansion of ON24 directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating ON24 demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share (0.74) | Revenue Per Share | Quarterly Revenue Growth (0.05) | Return On Assets | Return On Equity |
The market value of ON24 Inc is measured differently than its book value, which is the value of ON24 that is recorded on the company's balance sheet. Investors also form their own opinion of ON24's value that differs from its market value or its book value, called intrinsic value, which is ON24's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because ON24's market value can be influenced by many factors that don't directly affect ON24's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between ON24's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ON24 should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, ON24's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.