Onward Technologies (India) Today
| ONWARDTEC | 469.60 7.10 1.54% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Onward Technologies is selling for under 469.60 as of the 1st of May 2024; that is 1.54 percent up since the beginning of the trading day. The stock's last reported lowest price was 462.5. Onward Technologies has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Onward Technologies Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Moving together with Onward Stock
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Follow Valuation Odds of Bankruptcy
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Onward Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Onward Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Onward Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Onward Technologies Limited (ONWARDTEC) is traded on National Stock Exchange of India in India and employs 2,798 people. Onward Technologies is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 10.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Onward Technologies's market, we take the total number of its shares issued and multiply it by Onward Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Onward Technologies operates under IT Services sector and is part of Information Technology industry. The entity has 22.52 M outstanding shares.
Onward Technologies Limited has accumulated about 0 in cash with 57.46 M of positive cash flow from operations.
Check Onward Technologies Probability Of Bankruptcy
Ownership AllocationOnward Technologies owns a total of 22.52 Million outstanding shares. Onward Technologies has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Onward Ownership Details
Onward Technologies Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Onward Technologies market risk premium is the additional return an investor will receive from holding Onward Technologies 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 Onward Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Onward Technologies' alpha and beta are two of the key measurements used to evaluate Onward Technologies' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.6 | |||
| Standard Deviation | 2.04 | |||
| Variance | 4.16 | |||
| Risk Adjusted Performance | (0.08) |
Onward Stock Against Markets
Picking the right benchmark for Onward Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Onward Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Onward Technologies is critical whether you are bullish or bearish towards Onward Technologies Limited at a given time. Please also check how Onward Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Onward Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Onward Technologies Corporate Management
Elected by the shareholders, the Onward Technologies' board of directors comprises two types of representatives: Onward Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Onward. The board's role is to monitor Onward Technologies' management team and ensure that shareholders' interests are well served. Onward Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Onward Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Shama Pawar | Company Officer | Profile | |
| Vinav Agarwal | Company Officer | Profile | |
| Sandeep Bhattacharya | Senior Development | Profile | |
| Pawan Nathani | Chief Officer | Profile | |
| Devanand Ramandasani | Chief Officer | Profile |
How to buy Onward Stock?
Before investing in Onward Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Onward Technologies. To buy Onward Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Onward Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Onward Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Onward Technologies Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Onward Technologies Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Onward Technologies Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Onward Technologies Limited?
The danger of trading Onward Technologies Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Onward Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Onward Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Onward Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onward Technologies Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Onward Stock analysis
When running Onward Technologies' price analysis, check to measure Onward Technologies' 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 Onward Technologies is operating at the current time. Most of Onward Technologies' value examination focuses on studying past and present price action to predict the probability of Onward Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onward Technologies' price. Additionally, you may evaluate how the addition of Onward Technologies to your portfolios can decrease your overall portfolio volatility.
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