Old National Bancorp Stock Performance
| ONB Stock | USD 20.20 0.42 2.04% |
The company holds a Beta of 1.38, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Old National will likely underperform. At this point, Old National Bancorp has a negative expected return of -0.16%. Please make sure to check Old National's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Old National Bancorp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Old National Bancorp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
| Begin Period Cash Flow | 1.2 B | |
| Free Cash Flow | 622.3 M |
Old |
Old National Relative Risk vs. Return Landscape
If you would invest 2,251 in Old National Bancorp on December 14, 2024 and sell it today you would lose (231.00) from holding Old National Bancorp or give up 10.26% of portfolio value over 90 days. Old National Bancorp is generating negative expected returns assuming volatility of 1.9776% on return distribution over 90 days investment horizon. In other words, 17% of stocks are less volatile than Old, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Old National Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Old National's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Old National Bancorp, and traders can use it to determine the average amount a Old National's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0829
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| Negative Returns | ONB |
Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 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 Fundamentals Growth
Old Stock prices reflect investors' perceptions of the future prospects and financial health of Old National, and Old National fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Old Stock performance.
| Return On Equity | 0.0906 | ||||
| Return On Asset | 0.0105 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 11.29 B | ||||
| Shares Outstanding | 318.98 M | ||||
| Price To Earning | 10.82 X | ||||
| Price To Book | 1.08 X | ||||
| Price To Sales | 3.73 X | ||||
| Revenue | 2.6 B | ||||
| EBITDA | 816.56 M | ||||
| Cash And Equivalents | 466.85 M | ||||
| Cash Per Share | 1.59 X | ||||
| Total Debt | 5.14 B | ||||
| Debt To Equity | 7.04 % | ||||
| Book Value Per Share | 19.15 X | ||||
| Cash Flow From Operations | 622.28 M | ||||
| Earnings Per Share | 1.68 X | ||||
| Total Asset | 53.55 B | ||||
| Retained Earnings | 1.97 B | ||||
About Old National Performance
By analyzing Old National's fundamental ratios, stakeholders can gain valuable insights into Old National's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Old National has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Old National has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Old National Bancorp performance evaluation
Checking the ongoing alerts about Old National for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Old National Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Old National Bancorp generated a negative expected return over the last 90 days | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 5749 shares by Simon Soh of First Financial subject to Rule 16b-3 |
- Analyzing Old National's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Old National's stock is overvalued or undervalued compared to its peers.
- Examining Old National's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Old National's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Old National's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Old National's stock. These opinions can provide insight into Old National's potential for growth and whether the stock is currently undervalued or overvalued.
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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