Old Price Fair Value from 2010 to 2024

ODFL Stock  USD 175.70  3.56  2.07%   
Old Dominion Price Fair Value yearly trend continues to be quite stable with very little volatility. Price Fair Value may rise above 10.94 this year. From the period between 2010 and 2024, Old Dominion, Price Fair Value regression line of its data series had standard deviation of  3.85 and standard deviation of  3.85. View All Fundamentals
 
Price Fair Value  
First Reported
2010-12-31
Previous Quarter
10.41680983
Current Value
10.94
Quarterly Volatility
3.85122071
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Old Dominion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Old Dominion's main balance sheet or income statement drivers, such as Interest Expense of 440.8 K, Total Revenue of 6.2 B or Gross Profit of 2.1 B, as well as many indicators such as Price To Sales Ratio of 7.94, Dividend Yield of 0.0048 or PTB Ratio of 10.94. Old financial statements analysis is a perfect complement when working with Old Dominion Valuation or Volatility modules.
  
Check out the analysis of Old Dominion Correlation against competitors.

Latest Old Dominion's Price Fair Value Growth Pattern

Below is the plot of the Price Fair Value of Old Dominion Freight over the last few years. It is Old Dominion's Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Old Dominion's overall financial position and show how it may be relating to other accounts over time.
Price Fair Value10 Years Trend
Slightly volatile
   Price Fair Value   
       Timeline  

Old Price Fair Value Regression Statistics

Arithmetic Mean4.60
Geometric Mean3.35
Coefficient Of Variation83.66
Mean Deviation3.29
Median2.24
Standard Deviation3.85
Sample Variance14.83
Range9.9938
R-Value0.86
Mean Square Error4.09
R-Squared0.74
Significance0.000035
Slope0.74
Total Sum of Squares207.65

Old Price Fair Value History

2024 10.94
2023 10.42
2022 8.73
2021 11.35
2020 6.24
2019 4.58
2018 1.89

About Old Dominion Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Old Dominion income statement, its balance sheet, and the statement of cash flows. Old Dominion investors use historical funamental indicators, such as Old Dominion's Price Fair Value, to determine how well the company is positioned to perform in the future. Although Old Dominion investors may use each financial statement separately, they are all related. The changes in Old Dominion's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Old Dominion's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Old Dominion Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Old Dominion. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Fair Value 10.42  10.94 

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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 the analysis of Old Dominion Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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
0.039
Dividend Share
0.86
Earnings Share
5.68
Revenue Per Share
26.959
Quarterly Revenue Growth
0.012
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.