Old National exotic insider transaction detected

ONB Stock  USD 21.25  0.21  1.00%   
About 55% of Old National's investors are presently thinking to get in. The analysis of overall sentiment of trading Old National Bancorp stock suggests that some investors are interested at this time. The current market sentiment, together with Old National's historical and current headlines, can help investors time the market. In addition, many technical investors use Old National Bancorp stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by Old National Bancorp officer. Unconventional Insider trading

Read at macroaxis.com
Old insider trading alert for general transaction of common stock by Michael Woods, CORPORATE CONTROLLER, on 13th of August 2023. This event was filed by Old National Bancorp with SEC on 2019-10-02. Statement of changes in beneficial ownership - SEC Form 4. Michael Woods currently serves as senior vice president controller of Old National Bancorp

Cash Flow Correlation

Old National's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Old National's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Old National Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Old National can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Old National Fundamental Analysis

We analyze Old National's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Old National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Old National based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Book Value Per Share

Book Value Per Share Comparative Analysis

Old National is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Old National Bancorp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Old National stock to make a market-neutral strategy. Peer analysis of Old National could also be used in its relative valuation, which is a method of valuing Old National by comparing valuation metrics with similar companies.

Peers

Old National Related Equities

IBCPIndependent Bank   0.36   
0%
56.0%
WABCWestamerica Bancorporation   0.31   
0%
48.0%
NBHCNational Bank   0.14   
0%
21.0%
LKFNLakeland Financial   0.00   
0%
0%
UMBFUMB Financial   0.02   
2.0%
0%
TCBITexas Capital   0.05   
8.0%
0%
WTFCPWintrust Financial   0.08   
12.0%
0%
FNWDFinward Bancorp   0.53   
82.0%
0%
FFNWFirst Financial   0.62   
96.0%
0%
FFBCFirst Financial   0.64   
100.0%
0%

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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