Insider Trading
| ONBPO Preferred Stock | USD 25.37 0.18 0.71% |
About 52% of Old National's investor base is interested to short. The current sentiment regarding investing in Old National Bancorp preferred stock implies that many traders are impartial. Old National's investing sentiment overview a quick insight into current market opportunities from investing in Old National Bancorp. Many technical investors use Old National Bancorp preferred stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Old |
Filed transaction by Old National Bancorp Officer. Insider Public Trading
Read at macroaxis.com
Old National Fundamental Analysis
We analyze Old National's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Old National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Old National based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Old National is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Old National Bancorp Potential Pair-trading
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 preferred 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.
Peers
Old National Related Equities
| CFG-PE | Citizens Financial | 3.53 | ||||
| KEY-PI | KeyCorp | 2.85 | ||||
| KEY-PK | KeyCorp | 2.74 | ||||
| RF-PE | Regions Financial | 2.67 | ||||
| FITBI | Fifth Third | 1.21 |
Other Information on Investing in Old Preferred Stock
Old National financial ratios help investors to determine whether Old Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Old with respect to the benefits of owning Old National security.