Old National Bancorp Preferred Stock Price on April 13, 2022

ONBPP Preferred Stock  USD 25.27  0.13  0.51%   
If you're considering investing in Old Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Old National stands at 25.27, as last reported on the 28th of March, with the highest price reaching 25.51 and the lowest price hitting 25.25 during the day. We consider Old National very steady. Old National Bancorp maintains Sharpe Ratio (i.e., Efficiency) of 0.0332, which implies the firm had a 0.0332% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Old National Bancorp, which you can use to evaluate the volatility of the company. Please check Old National's Risk Adjusted Performance of 0.0415, semi deviation of 0.8616, and Coefficient Of Variation of 1508.14 to confirm if the risk estimate we provide is consistent with the expected return of 0.0358%.
  
Old Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0332

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsONBPP

Estimated Market Risk

 1.08
  actual daily
9
91% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Old National is performing at about 2% of its full potential. 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 it to a well-diversified portfolio.

Old National Valuation on April 13, 2022

It is possible to determine the worth of Old National on a given historical date. On April 13, 2022 Old was worth 26.3 at the beginning of the trading date compared to the closed value of 22.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Old National preferred 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
  26.00    26.00    22.57    22.57    7,700  
04/13/2022
  26.30    26.45    22.52    22.52    4,400  
  26.11    26.32    22.74    22.74    3,500  
Backtest Old National  |  Old National History  |  Old National Valuation   PreviousNext  
Open Value
26.3
22.52
Closing Value
29.54
Upside

Old National Trading Date Momentum on April 13, 2022

On April 14 2022 Old National Bancorp was traded for  22.74  at the closing time. The highest daily price throughout the period was 26.32  and the lowest price was  22.74 . The daily volume was 3.5 K. The net trading volume on 04/14/2022 added to the next day price gain. The trading delta at closing time to closing price of the next trading day was 0.98% . The trading delta at closing time to current closing price is 15.14% .

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 Preferred 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
Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana. Old National operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 4008 people.

Old National Preferred Stock Technical Analysis

Old National technical preferred 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, preferred stock market cycles, or different charting patterns.
A focus of Old National technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Old National 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...

Price Boundaries

Old National Period Price Range

Low
April 13, 2022
High

 26.30 

  

 22.52 

-3.78-14.37%

Old National March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Old National preferred 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 preferred stock market strength indicators, traders can identify Old National Bancorp entry and exit signals to maximize returns

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 Preferred 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old National Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Old Preferred 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.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Please note, there is a significant difference between Old National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.