Old National Stock Forecast - Day Typical Price

ONB Stock  USD 21.65  0.49  2.32%   
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 present, Old National's Fixed Asset Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.05, whereas Receivables Turnover is forecasted to decline to 5.83. . The current year's Common Stock Shares Outstanding is expected to grow to about 306.4 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 500.1 M.
Old National Bancorp has current Day Typical Price of 21.5. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Old National Trading Date Momentum

On November 25 2024 Old National Bancorp was traded for  21.65  at the closing time. Highest Old National's price during the trading hours was 21.70  and the lowest price during the day was  21.15 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of November did not cause price change. The trading delta at closing time to current price is 2.17% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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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.

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.
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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
(0.10)
Dividend Share
0.56
Earnings Share
1.65
Revenue Per Share
5.767
Quarterly Revenue Growth
0.046
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.