Old Dominion Stock Volatility Indicators Average True Range

ODFL
 Stock
  

USD 312.51  2.88  0.91%   

Old Dominion volatility indicators tool provides the execution environment for running the Average True Range indicator and other technical functions against Old Dominion. Old Dominion value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of volatility indicators indicators. As with most other technical indicators, the Average True Range indicator function is designed to identify and follow existing trends. Old Dominion volatility indicators enable investors to predict price movements based on how different True Range indicators change over time. Please specify Time Period to run this model.

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Old Dominion Freight volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Old Dominion Technical Analysis Modules

Most technical analysis of Old Dominion help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Old Dominion from various momentum indicators to cycle indicators. When you analyze Old Dominion 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.

About Old Dominion Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Old Dominion Freight. We use our internally-developed statistical techniques to arrive at the intrinsic value of Old Dominion Freight based on widely used predictive technical indicators. In general, we focus on analyzing Old Dominion Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Old Dominion's daily price indicators and compare them against related drivers, such as volatility indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Old Dominion's intrinsic value. In addition to deriving basic predictive indicators for Old Dominion, we also check how macroeconomic factors affect Old Dominion price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 (projected)
Long Term Debt to Equity0.02720.0279
Interest Coverage1.48 K1.6 K
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Old Dominion's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Old Dominion in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
310.96313.93316.90
Details
Intrinsic
Valuation
LowReal ValueHigh
281.90284.87344.21
Details
15 Analysts
Consensus
LowTarget PriceHigh
220.00325.67380.00
Details
Earnings
Estimates (8)
LowProjected EPSHigh
8.688.718.80
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Old Dominion. Your research has to be compared to or analyzed against Old Dominion's peers to derive any actionable benefits. When done correctly, Old Dominion's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Old Dominion Freight.

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Please check Your Equity Center. Note that the Old Dominion Freight information on this page should be used as a complementary analysis to other Old Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Old Dominion's industry 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 Dominion 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 YOY
0.43
Market Capitalization
35.3 B
Quarterly Revenue Growth YOY
0.26
Return On Assets
0.22
Return On Equity
0.36
The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old Dominion 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 Old Dominion value 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.