OTIS YTD Stock Return Of -2.6 percent Outperforms JCI by 4.3 percent and Underperforms GWW by -7.3 percent - Trefis
O1TI34 Stock | BRL 57.12 1.92 3.25% |
About 61% of Otis Worldwide's investor base is looking to short. The analysis of current outlook of investing in Otis Worldwide suggests that many traders are alarmed regarding Otis Worldwide's prospects. The current market sentiment, together with Otis Worldwide's historical and current headlines, can help investors time the market. In addition, many technical investors use Otis Worldwide stock news signals to limit their universe of possible portfolio assets.
Otis |
OTIS YTD Stock Return Of -2.6 percent Outperforms JCI by 4.3 percent and Underperforms GWW by -7.3 Trefis
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Otis Worldwide Fundamental Analysis
We analyze Otis Worldwide's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Otis Worldwide using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Otis Worldwide based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Market Capitalization
Market Capitalization Comparative Analysis
Otis Worldwide is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Otis Worldwide Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Otis Worldwide stock to make a market-neutral strategy. Peer analysis of Otis Worldwide could also be used in its relative valuation, which is a method of valuing Otis Worldwide by comparing valuation metrics with similar companies.
Peers
Otis Worldwide Related Equities
P2LT34 | Palantir Technologies | 4.32 | ||||
U1AL34 | United Airlines | 2.18 | ||||
U1BE34 | Uber Technologies | 1.96 | ||||
A1TH34 | Autohome | 0.37 | ||||
S1OU34 | Southwest Airlines | 0.00 |
Complementary Tools for Otis Stock analysis
When running Otis Worldwide's price analysis, check to measure Otis Worldwide'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 Otis Worldwide is operating at the current time. Most of Otis Worldwide's value examination focuses on studying past and present price action to predict the probability of Otis Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otis Worldwide's price. Additionally, you may evaluate how the addition of Otis Worldwide to your portfolios can decrease your overall portfolio volatility.
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