Barclays downgrades Otis Worldwide stock to Underweight, cautious on construction market
| OTIS Stock | USD 94.00 0.49 0.52% |
Slightly above 54% of Otis Worldwide's investor base is interested to short. The analysis of overall sentiment of trading Otis Worldwide Corp stock suggests that many investors are impartial at this time. Otis Worldwide's investing sentiment can be driven by a variety of factors including economic data, Otis Worldwide's earnings reports, geopolitical events, and overall market trends.
Otis |
Barclays downgrades Otis Worldwide stock to Underweight, cautious on construction market
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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.
Net Income
Net Income Comparative Analysis
Otis Worldwide is currently under evaluation in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Otis Worldwide Corp 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
| EMR | Emerson Electric | 1.86 | ||||
| ETN | Eaton PLC | 1.13 | ||||
| PH | Parker Hannifin | 1.07 | ||||
| PNR | Pentair PLC | 0.84 | ||||
| DOV | Dover | 0.81 | ||||
| IEX | IDEX | 0.72 | ||||
| FLS | Flowserve | 0.62 | ||||
| IR | Ingersoll Rand | 0.61 | ||||
| ITW | Illinois Tool | 0.59 | ||||
| AOS | Smith AO | 0.48 | ||||
| GGG | Graco | 0.11 |
Additional 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.