Onex Corp Stock Price on November 16, 2023

ONEX Stock  CAD 105.73  0.71  0.68%   
If you're considering investing in Onex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Onex Corp stands at 105.73, as last reported on the 25th of February, with the highest price reaching 108.03 and the lowest price hitting 104.61 during the day. Onex Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0769, which implies the firm had a -0.0769 % return per unit of risk over the last 3 months. Onex Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Onex Corp's Variance of 1.94, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,235) to confirm the risk estimate we provide.
  
Onex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0769

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Estimated Market Risk

 1.4
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Onex Corp 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 Onex Corp by adding Onex Corp to a well-diversified portfolio.

Onex Corp Valuation on November 16, 2023

It is possible to determine the worth of Onex Corp on a given historical date. On November 16, 2023 Onex was worth 85.64 at the beginning of the trading date compared to the closed value of 87.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Onex Corp stock. Still, in general, we apply an absolute valuation method to find Onex Corp'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 Onex Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Onex Corp's related companies.
 Open High Low Close Volume
  86.14    86.64    85.78    86.64    83,340  
11/16/2023
  85.64    88.24    85.64    87.61    203,308  
  86.68    88.35    86.68    88.27    77,834  
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Open Value
85.64
87.61
Closing Value
89.85
Upside

Onex Corp Trading Date Momentum on November 16, 2023

On November 17 2023 Onex Corp was traded for  88.27  at the closing time. The highest price during the trading period was 88.35  and the lowest recorded bid was listed for  86.68 . The volume for the day was 77.8 K. This history from November 17, 2023 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.75% . The trading delta at closing time to the current price is 2.93% .

Onex Corp Fundamentals Correlations and Trends

By evaluating Onex Corp'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 Onex Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Onex financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Onex Corp Stock history

Onex Corp 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 Onex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Onex Corp 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 Onex Corp stock prices may prove useful in developing a viable investing in Onex Corp
Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. Onex Corporation was founded in 1984 and is based in Toronto, Canada with additional offices in New York, New York Englewood Cliffs, New Jersey and London, United Kingdom. ONEX CORPORATION operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.

Onex Corp Stock Technical Analysis

Onex Corp 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.
A focus of Onex Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Onex Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Onex Corp Period Price Range

Low
February 25, 2025
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High

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Onex Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Onex Corp February 25, 2025 Market Strength

Market strength indicators help investors to evaluate how Onex Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Onex Corp shares will generate the highest return on investment. By undertsting and applying Onex Corp stock market strength indicators, traders can identify Onex Corp entry and exit signals to maximize returns

Onex Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Onex Corp's price direction in advance. Along with the technical and fundamental analysis of Onex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Onex 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.

Other Information on Investing in Onex Stock

Onex Corp financial ratios help investors to determine whether Onex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Onex with respect to the benefits of owning Onex Corp security.