Old National Bancorp Preferred Stock Price on April 18, 2022
| ONBPP Preferred Stock | USD 24.76 0.03 0.12% |
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 24.76, as last reported on the 19th of April, with the highest price reaching 24.79 and the lowest price hitting 24.02 during the day. We consider Old National very steady. Old National Bancorp maintains Sharpe Ratio (i.e., Efficiency) of 0.0167, which implies the firm had a 0.0167% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Old National Bancorp, which you can use to evaluate the volatility of the company. Please check Old National's Coefficient Of Variation of (32,075), risk adjusted performance of 0.0024, and Variance of 1.17 to confirm if the risk estimate we provide is consistent with the expected return of 0.0185%.
Old Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Old |
Sharpe Ratio = 0.0167
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Old National is performing at about 1% 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 18, 2022
It is possible to determine the worth of Old National on a given historical date. On April 18, 2022 Old was worth 26.04 at the beginning of the trading date compared to the closed value of 22.76. 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 | |
| 26.11 | 26.32 | 22.74 | 22.74 | 3,500 | |
04/18/2022 | 26.04 | 26.39 | 22.76 | 22.76 | 3,900 |
| 26.00 | 26.03 | 22.59 | 22.59 | 2,200 |
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Old National Trading Date Momentum on April 18, 2022
| On April 19 2022 Old National Bancorp was traded for 22.59 at the closing time. The highest daily price throughout the period was 26.03 and the lowest price was 22.59 . The daily volume was 2.2 K. The net trading volume on 04/19/2022 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.75% . The trading delta at closing time to current closing price is 13.84% . |
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.
Price Boundaries
Old National Period Price Range
Low | April 18, 2022
| High |
26.04 | 22.76 |
Old National April 19, 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.
| Risk Adjusted Performance | 0.0024 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 10.29 |
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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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.
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