Omnicom Stock Market Value

OMC -  USA Stock  

USD 72.44  1.59  2.24%

Omnicom's market value is the price at which a share of Omnicom stock trades on a public exchange. It measures the collective expectations of Omnicom Group investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Omnicom Group and determine expected loss or profit from investing in Omnicom over a given investment horizon. Please check Omnicom Hype Analysis, Omnicom Correlation, Omnicom Valuation, Omnicom Volatility, as well as analyze Omnicom Alpha and Beta and Omnicom Performance.
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Backtest


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.

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.
0.00
08/25/2021
No Change 0.00  0.0 
In 30 days
09/24/2021
0.00
If you would invest  0.00  in Omnicom on August 25, 2021 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 Weibo Corp, News Cp, Sirius XM, Sohu Inc, Twitter, Opendoor Technologies, and Boeing. Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications servic...

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.

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.
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
70.9472.3773.80
Details
Intrinsic
Valuation
LowReal ValueHigh
68.0769.5079.68
Details
Naive
Forecast
LowNext ValueHigh
72.1173.5474.97
Details
9 Analysts
Consensus
LowTarget PriceHigh
50.0067.8090.00
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 Group Backtested Returns

Omnicom Group maintains Sharpe Ratio (i.e., Efficiency) of -0.0842, which implies the firm had -0.0842% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Omnicom Group exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Omnicom Group coefficient of variation of (1,035), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
The company holds a Beta of -0.0533, which implies not very significant fluctuations relative to the market. Let's try to break down what Omnicom's beta means in this case. As returns on the market increase, returns on owning Omnicom are expected to decrease at a much lower rate. During the bear market, Omnicom is likely to outperform the market. Even though it is essential to pay attention to Omnicom Group current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Omnicom Group exposes twenty-one different technical indicators, which can help you to evaluate its performance. Omnicom Group has an expected return of -0.12%. Please be advised to check Omnicom Group treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Omnicom Group performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.26   

Poor predictability

Omnicom Group has poor predictability. Overlapping area represents the amount of predictability between Omnicom time series from 25th of August 2021 to 9th of September 2021 and 9th of September 2021 to 24th of September 2021. 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 0.26 indicates that nearly 26.0% of current Omnicom price fluctuation can be explain by its past prices.
Correlation Coefficient0.26
Spearman Rank Test0.64
Residual Average0.0
Price Variance0.68

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 stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      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 
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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 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Omnicom without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Omnicom Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Omnicom Hype Analysis, Omnicom Correlation, Omnicom Valuation, Omnicom Volatility, as well as analyze Omnicom Alpha and Beta and 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Omnicom Stock analysis

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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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.
A focus of Omnicom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Omnicom trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...