Old Dominion (Germany) Market Value
| ODF Stock | EUR 140.15 0.25 0.18% |
| Symbol | Old |
Old Dominion 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Old Dominion's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Old Dominion.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Old Dominion on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Old Dominion Freight or generate 0.0% return on investment in Old Dominion over 90 days. Old Dominion is related to or competes with YAMATO HOLDINGS, Saia, SCHNEIDER NATLINC, Werner Enterprises, ArcBest, and Seino Holdings. Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America More
Old Dominion Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Old Dominion's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Old Dominion Freight upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 13.22 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 4.42 |
Old Dominion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Old Dominion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Old Dominion's standard deviation. In reality, there are many statistical measures that can use Old Dominion historical prices to predict the future Old Dominion's volatility.| Risk Adjusted Performance | 0.0539 | |||
| Jensen Alpha | 0.1487 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.39) |
Old Dominion Freight Backtested Returns
At this point, Old Dominion is very steady. Old Dominion Freight maintains Sharpe Ratio (i.e., Efficiency) of 0.0205, which implies the firm had a 0.0205 % 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 check Old Dominion's Semi Deviation of 1.67, coefficient of variation of 1945.11, and Risk Adjusted Performance of 0.0539 to confirm if the risk estimate we provide is consistent with the expected return of 0.0467%. Old Dominion has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Old Dominion are expected to decrease at a much lower rate. During the bear market, Old Dominion is likely to outperform the market. Old Dominion Freight right now holds a risk of 2.28%. Please check Old Dominion Freight coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Old Dominion Freight will be following its historical price patterns.
Auto-correlation | 0.23 |
Weak predictability
Old Dominion Freight has weak predictability. Overlapping area represents the amount of predictability between Old Dominion time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Old Dominion Freight price movement. The serial correlation of 0.23 indicates that over 23.0% of current Old Dominion price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 8.92 |
Old Dominion Freight lagged returns against current returns
Autocorrelation, which is Old Dominion stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Old Dominion's stock expected returns. We can calculate the autocorrelation of Old Dominion returns to help us make a trade decision. For example, suppose you find that Old Dominion has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Old Dominion regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Old Dominion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Old Dominion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Old Dominion stock over time.
Current vs Lagged Prices |
| Timeline |
Old Dominion Lagged Returns
When evaluating Old Dominion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Old Dominion stock have on its future price. Old Dominion autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Old Dominion autocorrelation shows the relationship between Old Dominion stock current value and its past values and can show if there is a momentum factor associated with investing in Old Dominion Freight.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Old Stock
When determining whether Old Dominion Freight is a strong investment it is important to analyze Old Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Dominion's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:Check out Old Dominion Correlation, Old Dominion Volatility and Old Dominion Alpha and Beta module to complement your research on Old Dominion. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.