Omnicom Group Stock Market Value
| OMC Stock | USD 92.45 1.49 1.64% |
| 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 0.019 | Dividend Share 2.8 | Earnings Share 6.91 | Revenue Per Share 73.682 | Quarterly Revenue Growth 0.05 |
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.
| 01/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in Omnicom on January 19, 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 90 days. Omnicom is related to or competes with Deluxe, Townsquare Media, Cimpress, and Ziff Davis. 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 | 1.36 | |||
| Information Ratio | 0.0204 | |||
| 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 | 0.046 | |||
| Jensen Alpha | 0.0249 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0187 | |||
| Treynor Ratio | 0.0701 |
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 0.0802, which implies the firm had a 0.0802% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Omnicom Group, which you can use to evaluate the volatility of the company. Please check Omnicom's Risk Adjusted Performance of 0.046, semi deviation of 1.21, and Coefficient Of Variation of 1534.36 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. Omnicom has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 1.01, 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 1.27%. Please check Omnicom Group downside variance, and the relationship between the treynor ratio and kurtosis , to decide if Omnicom Group will be following its historical price patterns.
Auto-correlation | -0.21 |
Weak reverse predictability
Omnicom Group has weak reverse predictability. Overlapping area represents the amount of predictability between Omnicom time series from 19th of January 2024 to 4th of March 2024 and 4th of March 2024 to 18th 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 -0.21 indicates that over 21.0% of current Omnicom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 4.2 |
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 |
Omnicom Investors Sentiment
The influence of Omnicom's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Omnicom. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Omnicom's public news can be used to forecast risks associated with an investment in Omnicom. The trend in average sentiment can be used to explain how an investor holding Omnicom can time the market purely based on public headlines and social activities around Omnicom Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Omnicom's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Omnicom's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Omnicom's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Omnicom.
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 Omnicom 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, Omnicom's short interest history, or implied volatility extrapolated from Omnicom options trading.
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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.