Old National Bancorp Stock Price on May 16, 2024
| ONB Stock | USD 16.12 0.19 1.19% |
Below is the normalized historical share price chart for Old National Bancorp extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Old National stands at 16.12, as last reported on the 12th of June 2024, with the highest price reaching 16.56 and the lowest price hitting 16.06 during the day.
If you're considering investing in Old Stock, it is important to understand the factors that can impact its price. We consider Old National very steady. Old National Bancorp maintains Sharpe Ratio (i.e., Efficiency) of 0.0123, which implies the firm had a 0.0123% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Old National Bancorp, which you can use to evaluate the volatility of the company. Please check Old National's Variance of 2.61, coefficient of variation of (4,851), and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0198%.
At present, Old National's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 5.8 B, whereas Other Stockholder Equity is projected to grow to (1.8 B). . At present, Old National's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 14.32, whereas Price Earnings Ratio is forecasted to decline to 8.02. Old Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 15.9011 | 50 Day MA 16.6916 | Beta 0.825 |
Old |
Sharpe Ratio = 0.0123
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ONB |
Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Old National is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Old National by adding Old National to a well-diversified portfolio.
Price Book 0.9385 | Price Sales 2.8417 | Shares Float 315.6 M | Dividend Share 0.56 | Wall Street Target Price 20 |
Related Headline
Home Federal Headline on 16th of May 2024
Disposition of 893 shares by Brown Glen W. of Home Federal a... by Brown Glen W.
Filed transaction by Home Federal Bancorp Officer: Svp & Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Old National Valuation on May 16, 2024
It is possible to determine the worth of Old National on a given historical date. On May 16, 2024 Old was worth 17.36 at the beginning of the trading date compared to the closed value of 17.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Old National stock. Still, in general, we apply an absolute valuation method to find Old National's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Old National where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Old National's related companies.
| Open | High | Low | Close | Volume | |
| 17.58 | 17.67 | 17.32 | 17.43 | 1,521,709 | |
05/16/2024 | 17.36 | 17.46 | 17.30 | 17.34 | 976,745 |
| 17.42 | 17.60 | 17.24 | 17.44 | 1,202,872 |
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Old National Trading Date Momentum on May 16, 2024
| On May 17 2024 Old National Bancorp was traded for 17.44 at the closing time. Highest Old National's price during the trading hours was 17.60 and the lowest price during the day was 17.24 . The net volume was 1.2 M. The overall trading history on the 17th of May 2024 contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 0.58% . The trading delta at closing time to current price is 3.06% . |
Old National Bancorp Fundamentals Correlations and Trends
By evaluating Old National's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Old National's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Old financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Old National Stock history
Old National investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Old is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Old National Bancorp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Old National stock prices may prove useful in developing a viable investing in Old National
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 291.9 M | 306.4 M | |
| Net Income Applicable To Common Shares | 476.3 M | 500.1 M |
Old National Stock Technical Analysis
Old National 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.
Price Boundaries
Old National Period Price Range
Low | May 16, 2024
| High |
17.36 | 17.34 |
Old National June 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Old National stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Old National shares will generate the highest return on investment. By undertsting and applying Old National stock market strength indicators, traders can identify Old National Bancorp entry and exit signals to maximize returns
| Accumulation Distribution | 8950.7 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 17.38 | |||
| Day Typical Price | 17.37 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | (1.22) |
Old National Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Old National's price direction in advance. Along with the technical and fundamental analysis of Old Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Old to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.03) |
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| Volume Indicators |
Complementary Tools for Old Stock analysis
When running Old National's price analysis, check to measure Old National'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 Old National is operating at the current time. Most of Old National's value examination focuses on studying past and present price action to predict the probability of Old National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old National's price. Additionally, you may evaluate how the addition of Old National to your portfolios can decrease your overall portfolio volatility.
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