Omnicom Group Stock Price on December 21, 2022
OMC Stock | USD 101.94 2.86 2.89% |
If you're considering investing in Omnicom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Omnicom stands at 101.94, as last reported on the 22nd of November, with the highest price reaching 102.19 and the lowest price hitting 98.57 during the day. At this point, Omnicom is very steady. Omnicom Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0481, which implies the firm had a 0.0481% return per unit of risk over the last 3 months. We have found thirty technical indicators for Omnicom Group, which you can use to evaluate the volatility of the company. Please check Omnicom's Semi Deviation of 1.55, risk adjusted performance of 0.0414, and Coefficient Of Variation of 2077.49 to confirm if the risk estimate we provide is consistent with the expected return of 0.0689%.
Omnicom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Omnicom |
Sharpe Ratio = 0.0481
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | OMC | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Omnicom is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Omnicom by adding it to a well-diversified portfolio.
Omnicom Main Headline on 21st of December 2022
Omnicom Group dividend paid on 21st of December 2022 |
Omnicom Valuation on December 21, 2022
It is possible to determine the worth of Omnicom on a given historical date. On December 21, 2022 Omnicom was worth 74.29 at the beginning of the trading date compared to the closed value of 74.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Omnicom stock. Still, in general, we apply an absolute valuation method to find Omnicom's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Omnicom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Omnicom's related companies.
Open | High | Low | Close | Volume | |
72.76 | 73.85 | 72.52 | 73.67 | 1,496,142 | |
12/21/2022 | 74.29 | 75.06 | 74.15 | 74.58 | 978,653 |
74.04 | 74.61 | 72.99 | 74.59 | 1,254,941 |
Backtest Omnicom | | | Omnicom History | | | Omnicom Valuation | Previous | Next |
Omnicom Trading Date Momentum on December 21, 2022
On December 22 2022 Omnicom Group was traded for 74.59 at the closing time. Highest Omnicom's price during the trading hours was 74.61 and the lowest price during the day was 72.99 . The net volume was 1.3 M. The overall trading history on the 22nd of December contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.01% . The trading delta at closing time to current price is 4.97% . |
Omnicom Group Fundamentals Correlations and Trends
By evaluating Omnicom's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Omnicom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Omnicom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Omnicom Stock history
Omnicom investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Omnicom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Omnicom Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Omnicom stock prices may prove useful in developing a viable investing in Omnicom
Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services. The company was incorporated in 1944 and is based in New York, New York. Omnicom operates under Advertising Agencies classification in the United States and is traded on New York Stock Exchange. It employs 71700 people.
Omnicom Stock Technical Analysis
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.
Price Boundaries
Omnicom Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Omnicom Group cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Omnicom November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Omnicom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Omnicom shares will generate the highest return on investment. By undertsting and applying Omnicom stock market strength indicators, traders can identify Omnicom Group entry and exit signals to maximize returns
Omnicom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Omnicom's price direction in advance. Along with the technical and fundamental analysis of Omnicom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Omnicom to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0414 | |||
Jensen Alpha | 0.0559 | |||
Total Risk Alpha | (0.13) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 1.95 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |