Old Dominion (Germany) Price on March 24, 2023

ODF Stock  EUR 214.10  1.90  0.90%   
If you're considering investing in Old Stock, it is important to understand the factors that can impact its price. As of today, the current price of Old Dominion stands at 214.10, as last reported on the 4th of December, with the highest price reaching 214.10 and the lowest price hitting 212.40 during the day. Old Dominion appears to be very steady, given 3 months investment horizon. Old Dominion Freight maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Old Dominion Freight, which you can use to evaluate the volatility of the company. Please evaluate Old Dominion's Coefficient Of Variation of 697.7, risk adjusted performance of 0.1163, and Semi Deviation of 1.88 to confirm if our risk estimates are consistent with your expectations.
  
Old Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1867

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Estimated Market Risk

 2.36
  actual daily
21
79% of assets are more volatile

Expected Return

 0.44
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Old Dominion is performing at about 14% 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 Dominion by adding it to a well-diversified portfolio.

Old Dominion Valuation on March 24, 2023

It is possible to determine the worth of Old Dominion on a given historical date. On March 24, 2023 Old was worth 150.12 at the beginning of the trading date compared to the closed value of 149.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Old Dominion stock. Still, in general, we apply an absolute valuation method to find Old Dominion's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Old Dominion where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Old Dominion's related companies.
 Open High Low Close Volume
  149.92    152.65    149.92    152.65    4.00  
03/24/2023
  150.12    150.12    149.50    149.50    90.00  
  151.46    152.58    151.46    152.58    5.00  
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Open Value
150.12
143.04
Downside
149.5
Closing Value
157.20
Upside

Old Dominion Trading Date Momentum on March 24, 2023

On March 27 2023 Old Dominion Freight was traded for  152.58  at the closing time. The highest daily price throughout the period was 152.58  and the lowest price was  151.46 . The daily volume was 5.0. The net trading volume on 03/27/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 2.06% . The trading delta at closing time to current closing price is 3.93% .

Old Dominion Freight Fundamentals Correlations and Trends

By evaluating Old Dominion's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Old Dominion's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Old financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Old Dominion Stock history

Old Dominion investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Old is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Old Dominion Freight will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Old Dominion stock prices may prove useful in developing a viable investing in Old Dominion
Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. Old Dominion Freight Line, Inc. was founded in 1934 and is based in Thomasville, North Carolina. OLD DOMIN operates under Trucking classification in Germany and is traded on Frankfurt Stock Exchange. It employs 20890 people.

Old Dominion Stock Technical Analysis

Old Dominion technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Old Dominion technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Old Dominion trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Old Dominion Period Price Range

Low
December 4, 2024
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High

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Old Dominion Freight cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Old Dominion December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Old Dominion 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 Dominion shares will generate the highest return on investment. By undertsting and applying Old Dominion stock market strength indicators, traders can identify Old Dominion Freight entry and exit signals to maximize returns

Old Dominion Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Old Dominion's price direction in advance. Along with the technical and fundamental analysis of Old Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Old to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Old Stock analysis

When running Old Dominion's price analysis, check to measure Old Dominion'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 Dominion is operating at the current time. Most of Old Dominion's value examination focuses on studying past and present price action to predict the probability of Old Dominion'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 Dominion's price. Additionally, you may evaluate how the addition of Old Dominion to your portfolios can decrease your overall portfolio volatility.
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