Onyx Acquisition Co Price on November 5, 2024
| ONYXUDelisted Stock | USD 11.31 0.00 0.00% |
If you're considering investing in Onyx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Onyx Acquisition stands at 11.31, as last reported on the 11th of December 2024, with the highest price reaching 11.31 and the lowest price hitting 11.31 during the day. Currently, Onyx Acquisition Co is very steady. Onyx Acquisition maintains Sharpe Ratio (i.e., Efficiency) of 0.0353, which implies the firm had a 0.0353% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Onyx Acquisition, which you can use to evaluate the volatility of the company. Please check Onyx Acquisition's Coefficient Of Variation of 3201.9, risk adjusted performance of 0.0234, and Variance of 0.6208 to confirm if the risk estimate we provide is consistent with the expected return of 0.0239%.
Onyx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Onyx |
Sharpe Ratio = 0.0353
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Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Onyx Acquisition is performing at about 2% of its full potential. 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 Onyx Acquisition by adding it to a well-diversified portfolio.
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Onyx Acquisition Valuation on November 5, 2024
It is possible to determine the worth of Onyx Acquisition on a given historical date. On November 5, 2024 Onyx was worth 11.31 at the beginning of the trading date compared to the closed value of 11.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Onyx Acquisition stock. Still, in general, we apply an absolute valuation method to find Onyx Acquisition'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 Onyx Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Onyx Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 11.31 | 11.31 | 11.31 | 11.31 | 1.00 | |
11/05/2024 | 11.31 | 11.31 | 11.31 | 11.31 | 1.00 |
| 11.31 | 11.31 | 11.31 | 11.31 | 1.00 |
| Backtest Onyx Acquisition | | | Onyx Acquisition History | | | Onyx Acquisition Valuation | Previous | Next |
Onyx Acquisition Trading Date Momentum on November 5, 2024
| On November 06 2024 Onyx Acquisition Co was traded for 11.31 at the closing time. The highest daily price throughout the period was 11.31 and the lowest price was 11.31 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Onyx Acquisition Fundamentals Correlations and Trends
By evaluating Onyx Acquisition'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 Onyx Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Onyx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Onyx Acquisition Stock history
Onyx Acquisition 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 Onyx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Onyx Acquisition 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 Onyx Acquisition stock prices may prove useful in developing a viable investing in Onyx Acquisition
The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. I was incorporated in 2021 and is based in New York, New York. Onyx Acquisition is traded on NASDAQ Exchange in the United States.
Onyx Acquisition Stock Technical Analysis
Onyx Acquisition 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Onyx Acquisition Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Onyx Acquisition Co cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Onyx Acquisition December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Onyx Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Onyx Acquisition shares will generate the highest return on investment. By undertsting and applying Onyx Acquisition stock market strength indicators, traders can identify Onyx Acquisition Co entry and exit signals to maximize returns
Onyx Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Onyx Acquisition's price direction in advance. Along with the technical and fundamental analysis of Onyx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Onyx 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.
| Risk Adjusted Performance | 0.0234 | |||
| Jensen Alpha | 0.0145 | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 13.28 |
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| Volume Indicators |
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 interest. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Onyx Stock
If you are still planning to invest in Onyx Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Onyx Acquisition's history and understand the potential risks before investing.
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