Otis Worldwide (Germany) Technical Analysis
| 4PG Stock | EUR 96.72 0.06 0.06% |
As of the 2nd of December, Otis Worldwide holds the Risk Adjusted Performance of 0.1489, semi deviation of 0.8548, and Coefficient Of Variation of 524.75. Otis Worldwide Corp technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Otis Worldwide Corp mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Otis Worldwide Corp is priced some-what accurately, providing market reflects its current price of 96.72 per share.
Otis Worldwide Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Otis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OtisOtis |
Otis Worldwide 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.
Otis Worldwide Corp Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Otis Worldwide Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Otis Worldwide Corp Trend Analysis
Use this graph to draw trend lines for Otis Worldwide Corp. You can use it to identify possible trend reversals for Otis Worldwide as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Otis Worldwide price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Otis Worldwide Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Otis Worldwide Corp applied against its price change over selected period. The best fit line has a slop of 0.19 , which means Otis Worldwide Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1348.28, which is the sum of squared deviations for the predicted Otis Worldwide price change compared to its average price change.About Otis Worldwide Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Otis Worldwide Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Otis Worldwide Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Otis Worldwide Corp price pattern first instead of the macroeconomic environment surrounding Otis Worldwide Corp. By analyzing Otis Worldwide's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Otis Worldwide's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Otis Worldwide specific price patterns or momentum indicators. Please read more on our technical analysis page.
Otis Worldwide December 2, 2024 Technical Indicators
Most technical analysis of Otis help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Otis from various momentum indicators to cycle indicators. When you analyze Otis charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1489 | |||
| Market Risk Adjusted Performance | 0.5175 | |||
| Mean Deviation | 0.8062 | |||
| Semi Deviation | 0.8548 | |||
| Downside Deviation | 1.12 | |||
| Coefficient Of Variation | 524.75 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.26 | |||
| Information Ratio | 0.0681 | |||
| Jensen Alpha | 0.1528 | |||
| Total Risk Alpha | 0.0166 | |||
| Sortino Ratio | 0.0684 | |||
| Treynor Ratio | 0.5075 | |||
| Maximum Drawdown | 6.74 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.61 | |||
| Downside Variance | 1.25 | |||
| Semi Variance | 0.7307 | |||
| Expected Short fall | (0.88) | |||
| Skewness | (0.0007) | |||
| Kurtosis | 2.21 |
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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