Steven CPA - Onto Innovation Advisor
| ONTO Stock | USD 166.29 0.21 0.13% |
Insider
Steven CPA is Advisor of Onto Innovation
| Age | 63 |
| Address | 16 Jonspin Road, Wilmington, MA, United States, 01887 |
| Phone | 978 253 6200 |
| Web | https://www.ontoinnovation.com |
Onto Innovation Management Efficiency
The company has return on total asset (ROA) of 0.055 % which means that it generated a profit of $0.055 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1018 %, meaning that it created $0.1018 on every $100 dollars invested by stockholders. Onto Innovation's management efficiency ratios could be used to measure how well Onto Innovation manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.17. Also, Return On Capital Employed is likely to grow to 0.14. At this time, Onto Innovation's Fixed Asset Turnover is very stable compared to the past year. As of the 22nd of November 2024, Return On Assets is likely to grow to 0.12, while Non Currrent Assets Other are likely to drop about 2.3 M.Similar Executives
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Management Performance
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.055 |
Onto Innovation Leadership Team
Elected by the shareholders, the Onto Innovation's board of directors comprises two types of representatives: Onto Innovation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Onto. The board's role is to monitor Onto Innovation's management team and ensure that shareholders' interests are well served. Onto Innovation's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Onto Innovation's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Edward Brown, Independent Director | ||
| Jeffrey Aukerman, Independent Director | ||
| Rodney Smedt, Senior Vice President General Manager - Metrology Business Unit | ||
| Yoon OH, Vice President General Counsel | ||
| Christine Tsingos, Independent Director | ||
| May Su, Independent Director | ||
| Steven CPA, Advisor | ||
| Elvino Silveira, Vice President General Manager, Lithography Business Unit | ||
| Mark Slicer, Chief Officer | ||
| Steven Roth, Senior Vice President - Finance and Administration, Chief Financial Officer | ||
| Leo Berlinghieri, Independent Director | ||
| Ramil Yaldaei, Chief Officer | ||
| Christopher Seams, Independent Chairman of the Board | ||
| Dean Iacopetti, Senior Vice President - Manufacturing Operations | ||
| Vita Cassese, Independent Director | ||
| Robert Deuster, Independent Director | ||
| Michael Plisinski, Chief Executive Officer, Director | ||
| Danielle Baptiste, Vice President General Manager, Enterprise Business Unit | ||
| Rollin Kocher, Senior Vice President - Field Operations | ||
| Robert Koch, Vice President General Counsel | ||
| Michel Rosa, Chief Strategy | ||
| Karen Rogge, Independent Director | ||
| James Harlow, Chief Operating Officer | ||
| David Miller, Independent Director | ||
| Michael Sheaffer, Senior Reporting | ||
| Srinivas Vedula, Senior Vice President Customer Success Group | ||
| Greg Swyt, Vice President - Finance | ||
| Robert Fiordalice, Senior Vice President, General Manager, Metrology Business Unit | ||
| Mark CPA, Senior CFO | ||
| Kevin Heidrich, Senior Vice President - Marketing and Corporate Development | ||
| Barry Hartunian, Global Vice President Human Resources | ||
| Leonard Labua, Vice President General Manager, Enterprise Business Unit | ||
| Bruce Rhine, Independent Director | ||
| Ju Jin, Senior Vice President, General Manager, Inspection Business Unit |
Onto Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Onto Innovation a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.055 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 7.16 B | ||||
| Shares Outstanding | 49.39 M | ||||
| Shares Owned By Insiders | 0.70 % | ||||
| Shares Owned By Institutions | 97.97 % | ||||
| Number Of Shares Shorted | 1.09 M | ||||
| Price To Earning | 34.45 X |
Pair Trading with Onto Innovation
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Onto Innovation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Onto Innovation will appreciate offsetting losses from the drop in the long position's value.Moving together with Onto Stock
Moving against Onto Stock
| 0.8 | EHGO | Eshallgo Class A Downward Rally | PairCorr |
| 0.61 | CWAN | Clearwater Analytics | PairCorr |
| 0.47 | ASAN | Asana Inc | PairCorr |
| 0.38 | CSCO | Cisco Systems | PairCorr |
The ability to find closely correlated positions to Onto Innovation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Onto Innovation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Onto Innovation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Onto Innovation to buy it.
The correlation of Onto Innovation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Onto Innovation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Onto Innovation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Onto Innovation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Semiconductors & Semiconductor Equipment 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 Onto Innovation. If investors know Onto 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 Onto Innovation 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 0.466 | Earnings Share 3.7 | Revenue Per Share 19.124 | Quarterly Revenue Growth 0.217 | Return On Assets 0.055 |
The market value of Onto Innovation is measured differently than its book value, which is the value of Onto that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation'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 Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation'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 Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onto Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation'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.