Omnicom Group Stock Price on May 31, 2024
OMC Stock | USD 88.86 1.67 1.92% |
Below is the normalized historical share price chart for Omnicom Group extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Omnicom stands at 88.86, as last reported on the 22nd of December, with the highest price reaching 89.81 and the lowest price hitting 86.92 during the day.
If you're considering investing in Omnicom Stock, it is important to understand the factors that can impact its price. Omnicom Group maintains Sharpe Ratio (i.e., Efficiency) of -0.0962, which implies the firm had a -0.0962% return per unit of risk over the last 3 months. Omnicom Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Omnicom's Variance of 3.66, coefficient of variation of (978.64), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
At present, Omnicom's Common Stock Total Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 52.6 M, whereas Total Stockholder Equity is forecasted to decline to about 2.4 B. . At present, Omnicom's Price To Free Cash Flows Ratio is projected to increase based on the last few years of reporting. Omnicom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 96.175 | 50 Day MA 100.2438 | Beta 0.968 |
Omnicom |
Sharpe Ratio = -0.0962
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Estimated Market Risk
1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Omnicom is not performing at its full potential. However, 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 Omnicom to a well-diversified portfolio.
Price Book 4.4171 | Enterprise Value Ebitda 8.4435 | Price Sales 1.1313 | Shares Float 192.8 M | Dividend Share 2.8 |
Omnicom Main Headline on 31st of May 2024
Disposition of 11425 shares by Louis Januzzi of Omnicom at 6... by Louis Januzzi
Filed transaction by Omnicom Group Officer Senior Vp, Gen. Counsel Sec.. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Omnicom Valuation on May 31, 2024
It is possible to determine the worth of Omnicom on a given historical date. On May 31, 2024 Omnicom was worth 88.56 at the beginning of the trading date compared to the closed value of 90.89. 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 | |
89.48 | 89.58 | 88.32 | 88.70 | 1,621,776 | |
05/31/2024 | 88.56 | 91.08 | 88.56 | 90.89 | 2,055,929 |
90.72 | 91.32 | 88.12 | 88.35 | 1,511,167 |
Backtest Omnicom | | | Omnicom History | | | Omnicom Valuation | Previous | Next |
Omnicom Trading Date Momentum on May 31, 2024
On June 03 2024 Omnicom Group was traded for 88.35 at the closing time. Highest Omnicom's price during the trading hours was 91.32 and the lowest price during the day was 88.12 . The net volume was 1.5 M. The overall trading history on the 3rd of June contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.79% . The trading delta at closing time to current price is 2.28% . |
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
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 201.4 M | 302.6 M | |
Net Income Applicable To Common Shares | 1.5 B | 1.1 B |
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 | December 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 December 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 | (0.08) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | (0.20) |
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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.
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