Old Dominion Freight Stock Statistic Functions Linear Regression Intercept

ODFL Stock  USD 151.14  0.03  0.02%   
Old Dominion statistic functions tool provides the execution environment for running the Linear Regression Intercept function 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 statistic functions indicators. As with most other technical indicators, the Linear Regression Intercept function function is designed to identify and follow existing trends. Old Dominion statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Linear Regression Intercept is the expected mean value of Old Dominion Freight price seriese where values of its benchmark or peer price series are zero.

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 from various momentum indicators to cycle indicators. When you analyze Old 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 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 statistic functions 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.
 2022 2023 2024 2025 (projected)
Dividend Yield0.0041910.0039480.0058870.006182
Price To Sales Ratio5.137.566.536.86
Hype
Prediction
LowEstimatedHigh
148.91151.14153.37
Details
Intrinsic
Valuation
LowRealHigh
136.20138.43166.25
Details
Naive
Forecast
LowNextHigh
155.25157.47159.70
Details
25 Analysts
Consensus
LowTargetHigh
152.35167.42185.84
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 toward taking a position in Old Dominion Freight.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Old Dominion in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Old Dominion's short interest history, or implied volatility extrapolated from Old Dominion options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Sold over 400 shares
Electronic Equipment Idea
Electronic Equipment
Invested over 90 shares
Utilities Idea
Utilities
Invested over 90 shares
Communication Services Idea
Communication Services
Invested over 90 shares
Data Storage Idea
Data Storage
Invested over 90 shares
Aircraft Idea
Aircraft
Invested over 90 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 30 shares
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 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 various price indices.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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
(0.14)
Dividend Share
1.08
Earnings Share
5.13
Revenue Per Share
26.509
Quarterly Revenue Growth
(0.06)
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.