Old National Bancorp Preferred Stock Technical Analysis
| ONBPP Preferred Stock | USD 24.79 0.22 0.90% |
As of the 18th of April 2024, Old National holds the Variance of 1.17, risk adjusted performance of 0.0022, and Coefficient Of Variation of (32,075). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Old National, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Old National Bancorp, which can be compared to its competitors. Please check Old National Bancorp mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Old National Bancorp is priced some-what accurately, providing market reflects its current price of 24.79 per share. Given that Old National has information ratio of (0.05), we recommend you to check out Old National Bancorp's recent market performance to make sure the company can sustain itself at a future point.
Old National Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Old, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OldOld |
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.
Old National Bancorp Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Old National Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Old National Bancorp Trend Analysis
Use this graph to draw trend lines for Old National Bancorp. You can use it to identify possible trend reversals for Old National as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Old National price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Old National Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Old National Bancorp applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Old National Bancorp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.85, which is the sum of squared deviations for the predicted Old National price change compared to its average price change.About Old National Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Old National Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Old National Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Old National Bancorp price pattern first instead of the macroeconomic environment surrounding Old National Bancorp. By analyzing Old National's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Old National's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Old National specific price patterns or momentum indicators. Please read more on our technical analysis page.
Old National April 18, 2024 Technical Indicators
Most technical analysis of Old help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Old from various momentum indicators to cycle indicators. When you analyze Old charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0022 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 0.8434 | |||
| Coefficient Of Variation | (32,075) | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.17 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 5.94 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 1.59 | |||
| Skewness | 0.2316 | |||
| Kurtosis | 0.7453 |
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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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