Old National Stock Forecast - Naive Prediction
| ONB Stock | USD 23.36 0.32 1.39% |
The Naive Prediction forecasted value of Old National Bancorp on the next trading day is expected to be 22.95 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 19.34. Old Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Old National stock prices and determine the direction of Old National Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Old National's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The relative strength index (RSI) of Old National's share price is at 59. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Old National, making its price go up or down. Momentum 59
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth 0.043 | EPS Estimate Next Quarter 0.5976 | EPS Estimate Current Year 2.1648 | EPS Estimate Next Year 2.619 | Wall Street Target Price 26.0769 |
Using Old National hype-based prediction, you can estimate the value of Old National Bancorp from the perspective of Old National response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Old National using Old National's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Old using crowd psychology based on the activity and movement of Old National's stock price.
Old National Short Interest
A significant increase or decrease in Old National's short interest from the previous month could be a good indicator of investor sentiment towards Old. Short interest can provide insight into the potential direction of Old National stock and how bullish or bearish investors feel about the market overall.
200 Day MA 21.4873 | Short Percent 0.0624 | Short Ratio 7.1 | Shares Short Prior Month 18.9 M | 50 Day MA 21.7864 |
Old National Bancorp Hype to Price Pattern
Investor biases related to Old National's public news can be used to forecast risks associated with an investment in Old. The trend in average sentiment can be used to explain how an investor holding Old can time the market purely based on public headlines and social activities around Old National Bancorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Old National's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Old National.
Old National Implied Volatility | 0.64 |
Old National's implied volatility exposes the market's sentiment of Old National Bancorp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Old National's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Old National stock will not fluctuate a lot when Old National's options are near their expiration.
The Naive Prediction forecasted value of Old National Bancorp on the next trading day is expected to be 22.95 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 19.34. Old National after-hype prediction price | USD 23.36 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Old National to cross-verify your projections. Open Interest Against 2026-03-20 Old Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Old National's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Old National's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Old National stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Old National's open interest, investors have to compare it to Old National's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Old National is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Old. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Old National Additional Predictive Modules
Most predictive techniques to examine Old price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Old using various technical indicators. When you analyze Old charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Old National Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Old National's financial statements to predict how it will affect future prices.
Cash | First Reported 1989-06-30 | Previous Quarter 1.8 B | Current Value 491.9 M | Quarterly Volatility 327.1 M |
Old National Naive Prediction Price Forecast For the 9th of January
Given 90 days horizon, the Naive Prediction forecasted value of Old National Bancorp on the next trading day is expected to be 22.95 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.19, and the sum of the absolute errors of 19.34.Please note that although there have been many attempts to predict Old Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Old National's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Old National Stock Forecast Pattern
| Backtest Old National | Old National Price Prediction | Buy or Sell Advice |
Old National Forecasted Value
In the context of forecasting Old National's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Old National's downside and upside margins for the forecasting period are 21.04 and 24.87, respectively. We have considered Old National's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Old National stock data series using in forecasting. Note that when a statistical model is used to represent Old National stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 116.4325 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3171 |
| MAPE | Mean absolute percentage error | 0.015 |
| SAE | Sum of the absolute errors | 19.3418 |
Predictive Modules for Old National
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Old National Bancorp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Old National
For every potential investor in Old, whether a beginner or expert, Old National's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Old Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Old. Basic forecasting techniques help filter out the noise by identifying Old National's price trends.Old National Related Equities
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.
| Risk & Return | Correlation |
Old National Bancorp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Old National's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Old National's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Old National Market Strength Events
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 Risk Indicators
The analysis of Old National's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Old National's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting old stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.35 | |||
| Semi Deviation | 2.13 | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.97 | |||
| Downside Variance | 4.93 | |||
| Semi Variance | 4.53 | |||
| Expected Short fall | (1.39) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Old National Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Old National Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old National Bancorp Stock:Check out Historical Fundamental Analysis of Old National to cross-verify your projections. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old National. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.043 | Dividend Share 0.56 | Earnings Share 1.7 | Revenue Per Share | Quarterly Revenue Growth 0.478 |
The market value of Old National Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old National's value that differs from its market value or its book value, called intrinsic value, which is Old National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old National's market value can be influenced by many factors that don't directly affect Old National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.