Old National Bancorp Stock Price on February 3, 2024

ONB Stock  USD 23.52  0.23  0.97%   
If you're considering investing in Old Stock, it is important to understand the factors that can impact its price. As of today, the current price of Old National stands at 23.52, as last reported on the 4th of March, with the highest price reaching 24.06 and the lowest price hitting 23.30 during the day. Old National Bancorp maintains Sharpe Ratio (i.e., Efficiency) of -0.0221, which implies the firm had a -0.0221 % return per unit of risk over the last 3 months. Old National Bancorp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Old National's Coefficient Of Variation of (4,521), variance of 2.9, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
Old Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0221

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Estimated Market Risk

 1.7
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  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.

Old National Valuation on February 3, 2024

It is possible to determine the worth of Old National on a given historical date. On February 3, 2024 Old was worth 15.43 at the beginning of the trading date compared to the closed value of 15.58. 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
  16.09    16.19    15.27    15.71    4,057,239  
02/02/2024
  15.43    15.76    15.39    15.58    2,328,611  
  15.39    15.59    15.22    15.47    1,910,658  
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Open Value
15.43
15.58
Closing Value
20.54
Upside

Old National Trading Date Momentum on February 3, 2024

On February 05 2024 Old National Bancorp was traded for  15.47  at the closing time. Highest Old National's price during the trading hours was 15.59  and the lowest price during the day was  15.22 . The net volume was 1.9 M. The overall trading history on the 5th of February contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.71% . The trading delta at closing time to current price is 0.19% .

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
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 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.
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
March 4, 2025
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High

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Old National Bancorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Old National March 4, 2025 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

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.

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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