ON Semiconductor Inventory (NASDAQ: ON) has seen a surge of nearly 10% in the past week and is currently trading at $ 49 per share. The rise in stock prices was driven by strong earnings in the second quarter of 2021 reported a month ago, boosting expectations for further earnings and profit margin growth. Shares have risen nearly 15% in the past month after the company announced sales of $ 1.67 billion in the second quarter of 2009. This is an increase from $ 1.21 billion in the second quarter of 2008. Controlling cost of goods sold and operating expenses, the company’s operating profit increased 6.5-fold from $ 43 million to $ 182 million during this period. Despite higher costs and higher effective tax rates, EPS jumped from $ 0.00 in the second quarter of 2020 to $ 0.43 in the second quarter of 2021.
Now, after the recent backlash, will the ON stocks continue to rise over the next few weeks, or is it likely that the stocks will be revised?ON Semiconductor’s stock price is according to the Trefis Machine Learning Engine, which identifies trends in corporate stock price data over the last decade. Nearly 3.9% on average Then next 1 month (21 trading days) The period after experiencing a 9.7% increase from the last week (5 trading days). But how do these numbers change if you are interested in holding ON stocks for shorter or longer periods? You can test and test your answers and many other combinations with the Trefis Machine Learning Engine. ON Semiconductor’s stock price could rise After a fall and vice versa. You can test the potential for recovery at different time intervals, such as quarterly, monthly, or just one day.
Machine Learning Engine-Try It For Yourself:
If ON shares move -5% in 5 trading days after that Over the next 21 trading days, ON stocks will move an average of 4.4% with a 65.1% chance of getting a positive return.
Understand some fun scenarios, FAQs, and what it means to move goods:
Question 1: Is the average return of ON stocks higher after the decline?
Consider two situations.
Case 1: ON inventory decreases by -5% or more in one week
Case 2: ON inventory increases by 5% or more in a week
Is the average return of ON stocks high the following month after Case 1 or Case 2?
in stock Fares after Case 1 will be better, Average return is 4.4% Under Case 1 (stocks suffered a 5% loss compared to the previous week), over the next month (21 trading days), 2.8% In case 2.
By comparison, the S & P 500 averaged 3.1% return on the next 21 trading days of Case 1, with an average return of only 0.5% in Case 2. This is explained in detail in the dashboard. Average return of S & P 500 after falling or rising..
Try the Trefis machine learning engine above and see for yourself how ON stocks can behave after a certain gain or loss over a period of time.
Question 2: Do you pay patience?
If you buy and hold ON shares, short-term fluctuations will be offset over time, and long-term positive trends will be in your favor, at least if the company is otherwise strong.
Overall, most stocks have absolute patience, according to data and calculations from the Trefis machine learning engine.
For ON stock, returns for the next N days After a -5% change in the last 5 trading days Details are shown in the table below, along with the S & P 500 returns.
Question 3: What will happen to the average return after the rise after waiting for a while?
As detailed in the previous question, the average return after a rise is naturally lower than after a fall. Interestingly, however, if stocks have risen in the last few days, you shouldn’t make short-term bets on most stocks.
ON return for the next N days After a 5% change in the last 5 trading days Details are shown in the table below, along with the S & P 500 returns.
It is very powerful to change the input in the chart above and test the trend of ON Semiconductor stocks yourself.
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