Omnicom Group Stock Technical Analysis
OMC Stock | USD 93.19 0.44 0.47% |
As of the 7th of May, Omnicom holds the Coefficient Of Variation of 1729.5, risk adjusted performance of 0.0414, and Semi Deviation of 1.44. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Omnicom, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Omnicom Group, which can be compared to its competitors. Please check Omnicom Group treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Omnicom Group is priced some-what accurately, providing market reflects its current price of 93.19 per share. Given that Omnicom has jensen alpha of (0), we recommend you to check out Omnicom Group's recent market performance to make sure the company can sustain itself at a future point.
Omnicom Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Omnicom, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OmnicomOmnicom |
Omnicom Analyst Consensus
Target Price | Advice | # of Analysts | |
91.18 | Strong Buy | 12 | Odds |
Most Omnicom analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Omnicom stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Omnicom Group, talking to its executives and customers, or listening to Omnicom conference calls.
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.
Omnicom Group Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Omnicom Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Omnicom Group Trend Analysis
Use this graph to draw trend lines for Omnicom Group. You can use it to identify possible trend reversals for Omnicom as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Omnicom price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Omnicom Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Omnicom Group applied against its price change over selected period. The best fit line has a slop of 0.13 , which may imply that Omnicom Group will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 688.11, which is the sum of squared deviations for the predicted Omnicom price change compared to its average price change.About Omnicom Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Omnicom Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Omnicom Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Omnicom Group price pattern first instead of the macroeconomic environment surrounding Omnicom Group. By analyzing Omnicom's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Omnicom's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Omnicom specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 (projected) | Dividend Yield | 0.0377 | 0.0346 | Price To Sales Ratio | 1.1 | 1.17 |
Omnicom May 7, 2024 Technical Indicators
Most technical analysis of Omnicom help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Omnicom from various momentum indicators to cycle indicators. When you analyze Omnicom charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0414 | |||
Market Risk Adjusted Performance | 0.0709 | |||
Mean Deviation | 0.9867 | |||
Semi Deviation | 1.44 | |||
Downside Deviation | 1.58 | |||
Coefficient Of Variation | 1729.5 | |||
Standard Deviation | 1.32 | |||
Variance | 1.73 | |||
Information Ratio | 6.0E-4 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | 5.0E-4 | |||
Treynor Ratio | 0.0609 | |||
Maximum Drawdown | 6.15 | |||
Value At Risk | (2.36) | |||
Potential Upside | 2.2 | |||
Downside Variance | 2.5 | |||
Semi Variance | 2.07 | |||
Expected Short fall | (0.91) | |||
Skewness | (0.49) | |||
Kurtosis | 0.452 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omnicom Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
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.