Omnicom Stock Odds of Future Stock Price Finishing Over 70.96

OMC -  USA Stock  

USD 70.96  1.43  1.98%

Omnicom's future price is the expected price of Omnicom instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Omnicom Group performance during a given time horizon utilizing its historical volatility. The current year Price to Book Value is expected to grow to 7.16. The current year Price to Earnings Ratio is expected to grow to 12.95.

Omnicom Price Probability 

 
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Omnicom's implied volatility is one of the determining factors in the pricing options written on Omnicom Group. Implied volatility approximates the future value of Omnicom based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Omnicom Group over a specific time period. For example, 2021-11-19 CALL at $70.0 is a CALL option contract on Omnicom's common stock with a strick price of 70.0 expiring on 2021-11-19. The contract was last traded on 2021-10-22 at 11:57:30 for $3.35 and, as of today, has 27 days remaining before the expiration. The option is currently trading at a bid price of $2.2, and an ask price of $2.4. The implied volatility as of the 23rd of October is 24.0816. View All Omnicom options

Closest to current price Omnicom long CALL Option Payoff at Expiration

Please check Omnicom Backtesting, Omnicom Valuation, Omnicom Correlation, Omnicom Hype Analysis, Omnicom Volatility, Omnicom History as well as Omnicom Performance. Please specify Omnicom time horizon, a valid symbol (red box) and a target price (blue box) you would like Omnicom odds to be computed.
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Omnicom Target Price Odds to finish over 70.96

The tendency of Omnicom Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for foresting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 70.96 90 days 70.96  about 91.74
Based on a normal probability distribution, the odds of Omnicom to move above the current price in 90 days from now is about 91.74 (This Omnicom Group probability density function shows the probability of Omnicom Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Omnicom Group has a beta of -0.23. This indicates as returns on benchmark increase, returns on holding Omnicom are expected to decrease at a much lower rate. During the bear market, however, Omnicom Group is likely to outperform the market. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Omnicom Group is significantly underperforming DOW.
 Omnicom Price Density 
      Price 

Predictive Modules for Omnicom

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Omnicom Group. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Omnicom'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 Omnicom in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
69.5370.9472.35
Details
Intrinsic
Valuation
LowReal ValueHigh
62.5463.9578.06
Details
Naive
Forecast
LowNext ValueHigh
64.8366.2467.65
Details
8 Analysts
Consensus
LowTarget PriceHigh
50.0068.4093.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Omnicom. Your research has to be compared to or analyzed against Omnicom's peers to derive any actionable benefits. When done correctly, Omnicom'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 Omnicom Group.

Omnicom Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Omnicom is not an exception. The market had few large corrections towards the Omnicom's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Omnicom Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Omnicom within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.15
β
Beta against DOW-0.23
σ
Overall volatility
1.83
Ir
Information ratio -0.11

Omnicom Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Omnicom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Omnicom Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Omnicom Group generated a negative expected return over the last 90 days
Over 93.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Is It Time To Consider Buying Omnicom Group Inc. - Simply Wall St

Omnicom Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Omnicom Stock often depends not only on the future outlook of the current and potential Omnicom's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Omnicom's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out6.22%
Trailing Annual Dividend Rate2.65
Short Percent Of Float7.11%
Float Shares212.75M
Average Daily Volume Last 10 Day1.33M
Shares Short Prior Month12.48M
Average Daily Volume In Three Month1.55M
Date Short Interest15th of September 2021
Trailing Annual Dividend Yield3.46%

Omnicom Technical Analysis

Omnicom's future price can be derived by breaking down and analyzing its technical indicators over time. Omnicom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Omnicom Group. In general, you should focus on analyzing Omnicom Stock price patterns and their correlations with different microeconomic environments and drivers.

Omnicom Predictive Forecast Models

Omnicom time-series forecasting models is one of many Omnicom's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Omnicom's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Omnicom Group

Checking the ongoing alerts about Omnicom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Omnicom Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Omnicom Alerts

Omnicom Alerts and Suggestions

Omnicom Group generated a negative expected return over the last 90 days
Over 93.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Is It Time To Consider Buying Omnicom Group Inc. - Simply Wall St
Please check Omnicom Backtesting, Omnicom Valuation, Omnicom Correlation, Omnicom Hype Analysis, Omnicom Volatility, Omnicom History as well as Omnicom Performance. Note that the Omnicom Group information on this page should be used as a complementary analysis to other Omnicom'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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Omnicom Group price analysis, check to measure Omnicom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Omnicom is operating at the current time. Most of Omnicom's value examination focuses on studying past and present price action to predict the probability of Omnicom's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Omnicom's price. Additionally, you may evaluate how the addition of Omnicom to your portfolios can decrease your overall portfolio volatility.
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The market value of Omnicom Group is measured differently than its book value, which is the value of Omnicom that is recorded on the company's balance sheet. Investors also form their own opinion of Omnicom's value that differs from its market value or its book value, called intrinsic value, which is Omnicom'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 Omnicom's market value can be influenced by many factors that don't directly affect Omnicom Group underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Omnicom's value and its price as these two are different measures arrived at by different means. Investors typically determine Omnicom value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omnicom'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.