On24 Inc Stock Alpha and Beta Analysis
| ONTF Stock | USD 6.43 0.18 2.88% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ON24 Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in ON24 over a specified time horizon. Remember, high ON24's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to ON24's market risk premium analysis include:
Beta 1.77 | Alpha (0.15) | Risk 2.17 | Sharpe Ratio 0.0106 | Expected Return 0.0231 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
ON24 |
ON24 Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ON24 market risk premium is the additional return an investor will receive from holding ON24 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ON24. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate ON24's performance over market.| α | -0.15 | β | 1.77 |
ON24 expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of ON24's Buy-and-hold return. Our buy-and-hold chart shows how ON24 performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ON24 Market Price Analysis
Market price analysis indicators help investors to evaluate how ON24 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ON24 shares will generate the highest return on investment. By understating and applying ON24 stock market price indicators, traders can identify ON24 position entry and exit signals to maximize returns.
ON24 Return and Market Media
The median price of ON24 for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 6.22 with a coefficient of variation of 3.12. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 6.23, and mean deviation of 0.15. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 2212 shares by James Blackie of ON24 at 6.3529 subject to Rule 16b-3 | 09/03/2024 |
2 | Disposition of 2005 shares by James Blackie of ON24 at 6.2406 subject to Rule 16b-3 | 09/04/2024 |
3 | Disposition of 950 shares by James Blackie of ON24 at 5.9653 subject to Rule 16b-3 | 09/06/2024 |
4 | Disposition of 961 shares by James Blackie of ON24 at 5.9136 subject to Rule 16b-3 | 09/09/2024 |
5 | Disposition of 677 shares by James Blackie of ON24 at 5.8509 subject to Rule 16b-3 | 09/10/2024 |
6 | Disposition of 7094 shares by Steven Vattuone of ON24 at 5.8559 subject to Rule 16b-3 | 09/11/2024 |
7 | Disposition of 62205 shares by Sharat Sharan of ON24 at 0.86 subject to Rule 16b-3 | 09/17/2024 |
8 | Disposition of 20000 shares by Steven Vattuone of ON24 at 2.0 subject to Rule 16b-3 | 09/18/2024 |
9 | Disposition of 3120 shares by Steven Vattuone of ON24 at 6.2572 subject to Rule 16b-3 | 09/20/2024 |
10 | Disposition of 17750 shares by Sharat Sharan of ON24 at 6.1291 subject to Rule 16b-3 | 09/30/2024 |
11 | Disposition of 21493 shares by Sharat Sharan of ON24 at 5.9743 subject to Rule 16b-3 | 10/01/2024 |
12 | ON24 Announces Date for Third Quarter 2024 Earnings Release and Conference Call | 10/10/2024 |
13 | Disposition of 587 shares by James Blackie of ON24 at 0.99 subject to Rule 16b-3 | 10/29/2024 |
14 | Disposition of 5122 shares by James Blackie of ON24 at 0.99 subject to Rule 16b-3 | 10/30/2024 |
15 | on24s chief revenue officer Blackie James sells 37,129 in stock | 10/31/2024 |
16 | What To Expect From ON24s Q3 Earnings | 11/06/2024 |
17 | Heres What Key Metrics Tell Us About ON24 Q3 Earnings | 11/07/2024 |
18 | on24s chief revenue officer Blackie James sells 14,917 in stock | 11/08/2024 |
19 | ON24 A Turnaround Will Take Longer Than Expected - Seeking Alpha | 11/14/2024 |
20 | Disposition of 4089 shares by Jayesh Sahasi of ON24 at 6.2861 subject to Rule 16b-3 | 11/20/2024 |
About ON24 Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ON24 or other stocks. Alpha measures the amount that position in ON24 Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 15.17 | 11.45 | 23.11 | 24.26 | Days Of Inventory On Hand | 91.86 | 90.83 | 81.75 | 59.66 |
ON24 Upcoming Company Events
As portrayed in its financial statements, the presentation of ON24's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ON24's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ON24's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ON24. Please utilize our Beneish M Score to check the likelihood of ON24's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out ON24 Backtesting, ON24 Valuation, ON24 Correlation, ON24 Hype Analysis, ON24 Volatility, ON24 History and analyze ON24 Performance. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
ON24 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.