On Semiconductor Stock Alpha and Beta Analysis

ON Stock  USD 75.61  2.72  3.73%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ON Semiconductor. It also helps investors analyze the systematic and unsystematic risks associated with investing in ON Semiconductor over a specified time horizon. Remember, high ON Semiconductor'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 ON Semiconductor's market risk premium analysis include:
Beta
1.57
Alpha
(0.33)
Risk
2.67
Sharpe Ratio
(0.05)
Expected Return
(0.13)
Please note that although ON Semiconductor alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, ON Semiconductor did 0.33  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of ON Semiconductor stock's relative risk over its benchmark. ON Semiconductor has a beta of 1.57  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ON Semiconductor will likely underperform. At this time, ON Semiconductor's Price Book Value Ratio is very stable compared to the past year. As of the 28th of March 2024, Price Fair Value is likely to grow to 8.98, while Enterprise Value Multiple is likely to drop 9.26.
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.
  
Check out ON Semiconductor Backtesting, ON Semiconductor Valuation, ON Semiconductor Correlation, ON Semiconductor Hype Analysis, ON Semiconductor Volatility, ON Semiconductor History and analyze ON Semiconductor Performance.
To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.

ON Semiconductor Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ON Semiconductor market risk premium is the additional return an investor will receive from holding ON Semiconductor 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 ON Semiconductor. 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 ON Semiconductor's performance over market.
α-0.33   β1.57

ON Semiconductor 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 ON Semiconductor's Buy-and-hold return. Our buy-and-hold chart shows how ON Semiconductor performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

ON Semiconductor Market Price Analysis

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

ON Semiconductor Return and Market Media

The median price of ON Semiconductor for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 is 76.99 with a coefficient of variation of 4.88. The daily time series for the period is distributed with a sample standard deviation of 3.77, arithmetic mean of 77.31, and mean deviation of 3.04. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Vinva Investment Management Ltd Lowers Holdings in Onsemi
02/28/2024
2
Onsemi Shares Acquired by Mercer Global Advisors Inc. ADV
03/08/2024
3
Stock Market News for Mar 11, 2024
03/11/2024
4
onsemi Aligns Business Groups to Expand Product Portfolio and Accelerate Growth
03/12/2024
5
Sky-High Returns 3 Flying Car Stocks to Elevate Your Portfolio
03/13/2024
6
Heres How Much You Would Have Made Owning ON Semiconductor Stock In The Last 10 Years
03/15/2024
7
Should You Maintain a Positive Outlook on ON Semiconductor Corporations Fundamentals
03/21/2024
8
Is Trending Stock ON Semiconductor Corporation a Buy Now
03/25/2024

About ON Semiconductor 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 ON Semiconductor or other stocks. Alpha measures the amount that position in ON Semiconductor 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)
Dividend Yield0.0013450.0580.06670.0634
Price To Sales Ratio4.293.254.364.58

ON Semiconductor Upcoming Company Events

As portrayed in its financial statements, the presentation of ON Semiconductor's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ON Semiconductor's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ON Semiconductor's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ON Semiconductor. Please utilize our Beneish M Score to check the likelihood of ON Semiconductor's management manipulating its earnings.
5th of February 2024
Upcoming Quarterly Report
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6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
5th 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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When determining whether ON Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ON Semiconductor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of On Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on On Semiconductor Stock:

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When running ON Semiconductor's price analysis, check to measure ON Semiconductor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ON Semiconductor is operating at the current time. Most of ON Semiconductor's value examination focuses on studying past and present price action to predict the probability of ON Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ON Semiconductor's price. Additionally, you may evaluate how the addition of ON Semiconductor to your portfolios can decrease your overall portfolio volatility.
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ON Semiconductor 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 ON Semiconductor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ON Semiconductor 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...