Onto Innovation Inc Stock Price Up 3.53 percent on Nov 29
ONTO Stock | USD 172.59 1.74 1.02% |
About 56% of Onto Innovation's investor base is looking to short. The analysis of overall sentiment of trading Onto Innovation stock suggests that many investors are alarmed at this time. Onto Innovation's investing sentiment overview a quick insight into current market opportunities from investing in Onto Innovation. Many technical investors use Onto Innovation stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Onto |
Shares of Onto Innovation Inc surged 3.53 percent in mid-day trading on Nov 29. The stock reached an intraday high of 167.74, before settling at 166.72, u
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Onto Innovation Current Investor Sentiment
Panic Vs Confidence
44
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Onto Innovation's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Onto Innovation.
News SentimentNeutral | Hype SentimentNeutral | Insider SentimentDisposing |
Onto Innovation Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Onto Innovation can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Onto Innovation Historical Investor Sentiment
Investor biases related to Onto Innovation's public news can be used to forecast risks associated with an investment in Onto. The trend in average sentiment can be used to explain how an investor holding Onto can time the market purely based on public headlines and social activities around Onto Innovation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Onto Innovation's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Onto Innovation and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Onto Innovation news discussions. The higher the estimate score, the more favorable the investor's outlook on Onto Innovation.
Onto Innovation Fundamental Analysis
We analyze Onto Innovation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Onto Innovation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Onto Innovation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Liabilities
Current Liabilities Comparative Analysis
Onto Innovation is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Onto Innovation Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Onto Innovation stock to make a market-neutral strategy. Peer analysis of Onto Innovation could also be used in its relative valuation, which is a method of valuing Onto Innovation by comparing valuation metrics with similar companies.
Peers
Onto Innovation Related Equities
TER | Teradyne | 2.01 | ||||
CAMT | Camtek | 0.66 | ||||
ASYS | Amtech Systems | 0.18 | ||||
KLAC | KLA Tencor | 0.05 | ||||
ICHR | Ichor Holdings | 0.11 | ||||
VECO | Veeco Instruments | 0.14 | ||||
LRCX | Lam Research | 0.22 | ||||
KLIC | Kulicke | 0.36 | ||||
PLAB | Photronics | 1.26 | ||||
ACLS | Axcelis Technologies | 1.38 | ||||
IPGP | IPG Photonics | 2.38 | ||||
COHU | Cohu | 2.94 | ||||
UCTT | Ultra Clean | 3.10 | ||||
AEHR | Aehr Test | 3.78 |
Check out Onto Innovation Hype Analysis, Onto Innovation Correlation and Onto Innovation Performance. To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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 3.84 | 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.