Old National Bancorp Preferred Stock Performance
| ONBPP Preferred Stock | USD 25.60 0.31 1.23% |
Old National has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of 0.0413, which implies not very significant fluctuations relative to the market. As returns on the market increase, Old National's returns are expected to increase less than the market. However, during the bear market, the loss of holding Old National is expected to be smaller as well. Old National Bancorp right now holds a risk of 0.74%. Please check Old National Bancorp value at risk, and the relationship between the jensen alpha and skewness , to decide if Old National Bancorp will be following its historical price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Old National Bancorp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, Old National is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors. ...more
| Begin Period Cash Flow | 822 M | |
| Dividend Yield | 0.0686 |
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Old National Relative Risk vs. Return Landscape
If you would invest 2,477 in Old National Bancorp on September 3, 2024 and sell it today you would earn a total of 83.00 from holding Old National Bancorp or generate 3.35% return on investment over 90 days. Old National Bancorp is currently producing 0.0542% returns and takes up 0.741% volatility of returns over 90 trading days. Put another way, 6% of traded preferred stocks are less volatile than Old, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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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 preferred 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 = 0.0732
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Old National is performing at about 5% 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 Fundamentals Growth
Old Preferred 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 Preferred Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.012 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.39 % | ||||
| Price To Earning | 28.08 X | ||||
| Revenue | 1.57 B | ||||
| Cash And Equivalents | 466.85 M | ||||
| Cash Per Share | 1.59 X | ||||
| Total Debt | 4.57 B | ||||
| Book Value Per Share | 16.68 X | ||||
| Cash Flow From Operations | 330.38 M | ||||
| Earnings Per Share | 0.89 X | ||||
| Total Asset | 46.76 B | ||||
About Old National Performance
Assessing Old National's fundamental ratios provides investors with valuable insights into Old National's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Old National is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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. Preferred 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.Evaluating Old National's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Old National's preferred stock performance include:- 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 preferred stock. These opinions can provide insight into Old National's potential for growth and whether the stock is currently undervalued or overvalued.
Additional 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.