Omnicom Group Stock Market Value
| OMC Stock | USD 96.01 1.79 1.90% |
| Symbol | Omnicom |
Omnicom Group Price To Book Ratio
Is Omnicom'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 Omnicom. If investors know Omnicom 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 Omnicom 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 0.432 | Dividend Share 2.8 | Earnings Share 7.39 | Revenue Per Share 75.025 | Quarterly Revenue Growth 0.054 |
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'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 Omnicom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omnicom is a good investment 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.
Omnicom '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 Omnicom'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 Omnicom.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Omnicom on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Omnicom Group or generate 0.0% return on investment in Omnicom over 30 days. Omnicom is related to or competes with Townsquare Media, Dolphin Entertainment, Direct Digital, and MGO Global. Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications servic... More
Omnicom 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 Omnicom'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 Omnicom Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.0235 | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.2 |
Omnicom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Omnicom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Omnicom's standard deviation. In reality, there are many statistical measures that can use Omnicom historical prices to predict the future Omnicom's volatility.| Risk Adjusted Performance | 0.067 | |||
| Jensen Alpha | 0.025 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0209 | |||
| Treynor Ratio | 0.1091 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
Omnicom Group Backtested Returns
We consider Omnicom very steady. Omnicom Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0602, which implies the firm had a 0.0602% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Omnicom Group, which you can use to evaluate the volatility of the company. Please check Omnicom's Coefficient Of Variation of 1006.56, semi deviation of 1.24, and Risk Adjusted Performance of 0.067 to confirm if the risk estimate we provide is consistent with the expected return of 0.0754%. Omnicom has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 1.05, which implies a somewhat significant risk relative to the market. Omnicom returns are very sensitive to returns on the market. As the market goes up or down, Omnicom is expected to follow. Omnicom Group right now holds a risk of 1.25%. Please check Omnicom Group treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Omnicom Group will be following its historical price patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
Omnicom Group has very good reverse predictability. Overlapping area represents the amount of predictability between Omnicom time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Omnicom Group price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Omnicom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 1.59 |
Omnicom Group lagged returns against current returns
Autocorrelation, which is Omnicom 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 Omnicom's stock expected returns. We can calculate the autocorrelation of Omnicom returns to help us make a trade decision. For example, suppose you find that Omnicom 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 |
Omnicom 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 Omnicom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Omnicom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Omnicom stock over time.
Current vs Lagged Prices |
| Timeline |
Omnicom Lagged Returns
When evaluating Omnicom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Omnicom stock have on its future price. Omnicom 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, Omnicom autocorrelation shows the relationship between Omnicom stock current value and its past values and can show if there is a momentum factor associated with investing in Omnicom Group.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Omnicom Correlation, Omnicom Volatility and Omnicom Alpha and Beta module to complement your research on Omnicom. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Omnicom Stock analysis
When running Omnicom's 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 the 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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Omnicom 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.