Omnicom Group Inc (OMC)
Omnicom Group Inc. is an American global media, marketing and corporate communications holding company, headquartered in New York City.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 42.69% per annum.
- OMC price at the close of March 31, 2025 was $82.91 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 22.91% per annum.
- OMC price at the close of March 31, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of OMC price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: September 17, 2024
End date: March 28, 2025
a = 7.1414
b = -0.0015
s = 0.0391
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0015) – 1
= -42.69%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0391) – 1
= 16.94%
September 17, 2024 calculations
Top border of price channel:
Exp(Y1,122)
= Exp(a + b × X1,122 + 2 × s)
= Exp(a + b × 1,630 + 2 × s)
= Exp(7.1414 + -0.0015 × 1,630 + 2 × 0.0391)
= Exp(4.7340)
= $113.74
Bottom border of price channel:
Exp(Y1,122)
= Exp(a + b × X1,122 – 2 × s)
= Exp(a + b × 1,630 – 2 × s)
= Exp(7.1414 + -0.0015 × 1,630 – 2 × 0.0391)
= Exp(4.5775)
= $97.27
March 28, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(7.1414 + -0.0015 × 1,822 + 2 × 0.0391)
= Exp(4.4412)
= $84.87
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(7.1414 + -0.0015 × 1,822 – 2 × 0.0391)
= Exp(4.2847)
= $72.58
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 42.69% per annum.
- OMC price at the close of March 31, 2025 was $82.91 and was inside the primary price channel.
Secondary Trend
Start date: December 17, 2024
End date: March 31, 2025
a = 5.6888
b = -0.0007
s = 0.0177
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -22.91%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0177) – 1
= 7.36%
December 17, 2024 calculations
Top border of price channel:
Exp(Y1,186)
= Exp(a + b × X1,186 + 2 × s)
= Exp(a + b × 1,721 + 2 × s)
= Exp(5.6888 + -0.0007 × 1,721 + 2 × 0.0177)
= Exp(4.4972)
= $89.76
Bottom border of price channel:
Exp(Y1,186)
= Exp(a + b × X1,186 – 2 × s)
= Exp(a + b × 1,721 – 2 × s)
= Exp(5.6888 + -0.0007 × 1,721 – 2 × 0.0177)
= Exp(4.4262)
= $83.61
March 31, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(5.6888 + -0.0007 × 1,825 + 2 × 0.0177)
= Exp(4.4230)
= $83.35
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.6888 + -0.0007 × 1,825 – 2 × 0.0177)
= Exp(4.3520)
= $77.64
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 22.91% per annum.
- OMC price at the close of March 31, 2025 was inside the secondary price channel.