Old Dominion Freight Stock Price on November 6, 2024
| ODFL Stock | USD 224.11 1.86 0.82% |
Below is the normalized historical share price chart for Old Dominion Freight extending back to October 24, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Old Dominion stands at 224.11, as last reported on the 28th of November, with the highest price reaching 228.39 and the lowest price hitting 222.33 during the day.
If you're considering investing in Old Stock, it is important to understand the factors that can impact its price. Old Dominion appears to be very steady, given 3 months investment horizon. Old Dominion Freight maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Old Dominion Freight, which you can use to evaluate the volatility of the company. Please evaluate Old Dominion's Semi Deviation of 2.11, risk adjusted performance of 0.0918, and Coefficient Of Variation of 900.33 to confirm if our risk estimates are consistent with your expectations.
At this time, Old Dominion's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 5.8 B this year, although the value of Common Stock will most likely fall to about 6.1 M. . At this time, Old Dominion's Price To Book Ratio is quite stable compared to the past year. Price Cash Flow Ratio is expected to rise to 29.68 this year, although the value of Price Earnings To Growth Ratio is projected to rise to (4.43). Old Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of October 1991 | 200 Day MA 198.7214 | 50 Day MA 205.116 | Beta 0.989 |
Old |
Sharpe Ratio = 0.1141
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Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Old Dominion is performing at about 8% 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.
Price Book 11.5534 | Enterprise Value Ebitda 24.2551 | Price Sales 8.0761 | Shares Float 190.9 M | Dividend Share 0.98 |
Old Dominion Main Headline on 6th of November 2024
Old Dominion Freight Line Inc Shares Up 10.35 percent on Nov... by gurufocus.com
Shares of Old Dominion Freight Line Inc surged 10.35 percent in mid-day trading on Nov 6. The stock reached an intraday high of 229.18, before settling at 2
Old Dominion Valuation on November 6, 2024
It is possible to determine the worth of Old Dominion on a given historical date. On November 6, 2024 Old was worth 216.96 at the beginning of the trading date compared to the closed value of 230.18. 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 | |
| 204.25 | 207.17 | 202.67 | 207.01 | 1,265,715 | |
11/06/2024 | 216.96 | 231.36 | 215.76 | 230.18 | 3,030,624 |
| 230.18 | 230.51 | 222.31 | 222.91 | 1,663,452 |
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Old Dominion Trading Date Momentum on November 6, 2024
| On November 07 2024 Old Dominion Freight was traded for 222.91 at the closing time. The top price for the day was 230.51 and the lowest listed price was 222.31 . The trading volume for the day was 1.7 M. The trading history from November 7, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.16% . The trading delta at closing time against the current closing price is 4.88% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 220.2 M | 142.7 M | |
| Net Income Applicable To Common Shares | 1.6 B | 1.7 B |
Old Dominion Quarterly Net Working Capital |
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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.
Price Boundaries
Old Dominion Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
Old Dominion Freight cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 November 28, 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.
| Risk Adjusted Performance | 0.0918 | |||
| Jensen Alpha | 0.0214 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0566 | |||
| Treynor Ratio | 0.1264 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Cargo Ground Transportation 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 Dominion. 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 Dominion 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 (0.07) | Dividend Share 0.98 | Earnings Share 5.67 | Revenue Per Share 27.363 | Quarterly Revenue Growth (0.03) |
The market value of Old Dominion Freight 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 Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion'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 Dominion's market value can be influenced by many factors that don't directly affect Old Dominion'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 Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion'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.