Omnicom Group Stock Market Value
| OMC Stock | USD 104.76 0.30 0.29% |
| Symbol | Omnicom |
Omnicom Group Price To Book Ratio
Is Advertising 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 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 0.048 | Dividend Share 2.8 | Earnings Share 7.45 | Revenue Per Share 78.314 | Quarterly Revenue Growth 0.085 |
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.
| 10/08/2024 |
| 11/07/2024 |
If you would invest 0.00 in Omnicom on October 8, 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 Integral, Deluxe, Criteo Sa, WPP PLC, Townsquare Media, Cimpress, and Travelzoo. 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 | 0.9255 | |||
| Information Ratio | 0.0491 | |||
| Maximum Drawdown | 5.73 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.85 |
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 | 0.1762 | |||
| Jensen Alpha | 0.0849 | |||
| Total Risk Alpha | (0.0007) | |||
| Sortino Ratio | 0.0547 | |||
| Treynor Ratio | 0.2735 |
Omnicom Group Backtested Returns
Omnicom appears to be very steady, given 3 months investment horizon. Omnicom Group maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% 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 evaluate Omnicom's Coefficient Of Variation of 453.26, semi deviation of 0.6603, and Risk Adjusted Performance of 0.1762 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Omnicom holds a performance score of 16. The company holds a Beta of 0.79, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Omnicom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Omnicom is expected to be smaller as well. Please check Omnicom's treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Omnicom's historical price patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Omnicom Group has modest reverse predictability. Overlapping area represents the amount of predictability between Omnicom time series from 8th of October 2024 to 23rd of October 2024 and 23rd of October 2024 to 7th of November 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 -0.44 indicates that just about 44.0% of current Omnicom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 2.23 |
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Omnicom Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omnicom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Omnicom Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Omnicom Group Stock:Check out Omnicom Correlation, Omnicom Volatility and Omnicom Alpha and Beta module to complement your research on Omnicom. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.