Otis Worldwide Financials

4PG Stock  EUR 97.16  1.04  1.08%   
Financial data analysis helps to confirm if markets are presently mispricing Otis Worldwide Corp. We were able to interpolate thirty-two available financial ratios for Otis Worldwide Corp, which can be compared to its competitors. The stock experiences a large bullish trend. Check odds of Otis Worldwide to be traded at €106.88 in 90 days.
  
Understanding current and past Otis Worldwide Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Otis Worldwide's financial statements are interrelated, with each one affecting the others. For example, an increase in Otis Worldwide's assets may result in an increase in income on the income statement.

Otis Worldwide Stock Summary

Otis Worldwide competes with AGRICULTBK HADR/25, Fevertree Drinks, WIMFARM SA, TITAN MACHINERY, and Dairy Farm. Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company was founded in 1853 and is headquartered in Farmington, Connecticut. OTIS WORLDWID operates under Specialty Industrial Machinery classification in Germany and is traded on Frankfurt Stock Exchange. It employs 70000 people.
InstrumentGermany Stock View All
ExchangeFrankfurt Exchange
ISINUS68902V1070
Business AddressOne Carrier Place,
SectorIndustrials
IndustrySpecialty Industrial Machinery
BenchmarkDow Jones Industrial
Websitewww.otis.com
Phone860 674 3000
CurrencyEUR - Euro
You should never invest in Otis Worldwide without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Otis Stock, because this is throwing your money away. Analyzing the key information contained in Otis Worldwide's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Otis Worldwide Key Financial Ratios

There are many critical financial ratios that Otis Worldwide's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Otis Worldwide Corp reports annually and quarterly.

Otis Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Otis Worldwide's current stock value. Our valuation model uses many indicators to compare Otis Worldwide value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Otis Worldwide competition to find correlations between indicators driving Otis Worldwide's intrinsic value. More Info.
Otis Worldwide Corp is number one stock in return on asset category among its peers. It also is number one stock in profit margin category among its peers fabricating about  0.77  of Profit Margin per Return On Asset. The ratio of Return On Asset to Profit Margin for Otis Worldwide Corp is roughly  1.29 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Otis Worldwide's earnings, one of the primary drivers of an investment's value.

Otis Worldwide Corp Systematic Risk

Otis Worldwide's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Otis Worldwide volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
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The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Otis Worldwide Corp correlated with the market. If Beta is less than 0 Otis Worldwide generally moves in the opposite direction as compared to the market. If Otis Worldwide Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Otis Worldwide Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Otis Worldwide is generally in the same direction as the market. If Beta > 1 Otis Worldwide moves generally in the same direction as, but more than the movement of the benchmark.

Otis Worldwide November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Otis Worldwide help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Otis Worldwide Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Otis Worldwide Corp based on widely used predictive technical indicators. In general, we focus on analyzing Otis Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Otis Worldwide's daily price indicators and compare them against related drivers.

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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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