Otis Worldwide Corp Stock Buy Hold or Sell Recommendation
| OTIS Stock | USD 101.20 1.25 1.25% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Otis Worldwide Corp is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Otis Worldwide Corp given historical horizon and risk tolerance towards Otis Worldwide. When Macroaxis issues a 'buy' or 'sell' recommendation for Otis Worldwide Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Otis Worldwide Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Otis and provide practical buy, sell, or hold advice based on investors' constraints. Otis Worldwide Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Otis |
Execute Otis Worldwide Buy or Sell Advice
The Otis recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Otis Worldwide Corp. Macroaxis does not own or have any residual interests in Otis Worldwide Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Otis Worldwide's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Otis Worldwide Trading Alerts and Improvement Suggestions
| Otis Worldwide Corp currently holds 7.31 B in liabilities with Debt to Equity (D/E) ratio of 4.12, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Otis Worldwide Corp has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Otis Worldwide's use of debt, we should always consider it together with its cash and equity. | |
| Otis Worldwide Corp has a strong financial position based on the latest SEC filings | |
| Over 93.0% of Otis Worldwide shares are owned by institutional investors | |
| Latest headline from news.google.com: PNC Financial Services Group Inc. Reduces Holdings in Otis Worldwide Co. - MarketBeat |
Otis Worldwide Returns Distribution Density
The distribution of Otis Worldwide's historical returns is an attempt to chart the uncertainty of Otis Worldwide's future price movements. The chart of the probability distribution of Otis Worldwide daily returns describes the distribution of returns around its average expected value. We use Otis Worldwide Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Otis Worldwide returns is essential to provide solid investment advice for Otis Worldwide.
| Mean Return | 0.13 | Value At Risk | -2.18 | Potential Upside | 1.74 | Standard Deviation | 1.22 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Otis Worldwide historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Otis Stock Institutional Investors
The Otis Worldwide's institutional investors refer to entities that pool money to purchase Otis Worldwide's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Fundsmith Llp | 2024-09-30 | 6.1 M | Grantham, Mayo, Van Otterloo & Co., Llc | 2024-09-30 | 5.1 M | Bls Capital Fondsmæglerselskab A/s | 2024-09-30 | 4.6 M | Northern Trust Corp | 2024-09-30 | 4.1 M | Sarasin & Partners Llp | 2024-09-30 | 3.8 M | Legal & General Group Plc | 2024-06-30 | 3.7 M | Amvescap Plc. | 2024-06-30 | 3.6 M | Fmr Inc | 2024-09-30 | 3.5 M | Bank Of America Corp | 2024-06-30 | 3.5 M | Vanguard Group Inc | 2024-09-30 | 44.9 M | Blackrock Inc | 2024-06-30 | 34.5 M |
Otis Worldwide Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Otis Worldwide or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Otis Worldwide's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Otis stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.62 | |
σ | Overall volatility | 1.23 | |
Ir | Information ratio | -0.0009 |
Otis Worldwide Volatility Alert
Otis Worldwide Corp has relatively low volatility with skewness of -0.03 and kurtosis of 1.36. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Otis Worldwide's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Otis Worldwide's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Otis Worldwide Fundamentals Vs Peers
Comparing Otis Worldwide's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Otis Worldwide's direct or indirect competition across all of the common fundamentals between Otis Worldwide and the related equities. This way, we can detect undervalued stocks with similar characteristics as Otis Worldwide or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Otis Worldwide's fundamental indicators could also be used in its relative valuation, which is a method of valuing Otis Worldwide by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Otis Worldwide to competition |
| Fundamentals | Otis Worldwide | Peer Average |
| Return On Asset | 0.14 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 47.15 B | 16.62 B |
| Shares Outstanding | 399.46 M | 571.82 M |
| Shares Owned By Insiders | 0.10 % | 10.09 % |
| Shares Owned By Institutions | 92.84 % | 39.21 % |
| Number Of Shares Shorted | 7.77 M | 4.71 M |
| Price To Earning | 28.11 X | 28.72 X |
| Price To Book | 13.20 X | 9.51 X |
| Price To Sales | 2.85 X | 11.42 X |
| Revenue | 14.21 B | 9.43 B |
| Gross Profit | 3.94 B | 27.38 B |
| EBITDA | 2.19 B | 3.9 B |
| Net Income | 1.5 B | 570.98 M |
| Cash And Equivalents | 1.22 B | 2.7 B |
| Cash Per Share | 2.90 X | 5.01 X |
| Total Debt | 7.31 B | 5.32 B |
| Debt To Equity | 4.12 % | 48.70 % |
| Current Ratio | 0.97 X | 2.16 X |
| Book Value Per Share | (12.27) X | 1.93 K |
| Cash Flow From Operations | 1.63 B | 971.22 M |
| Short Ratio | 3.68 X | 4.00 X |
| Earnings Per Share | 4.02 X | 3.12 X |
| Price To Earnings To Growth | 2.68 X | 4.89 X |
| Target Price | 101.27 | |
| Number Of Employees | 71 K | 18.84 K |
| Beta | 0.94 | -0.15 |
| Market Capitalization | 40.43 B | 19.03 B |
| Total Asset | 10.12 B | 29.47 B |
| Retained Earnings | (2 B) | 9.33 B |
| Working Capital | (79 M) | 1.48 B |
| Current Asset | 6.24 B | 9.34 B |
Note: Disposition of 9152 shares by Luersman Abbe of Otis Worldwide subject to Rule 16b-3 [view details]
Otis Worldwide Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Otis . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Otis Worldwide Buy or Sell Advice
When is the right time to buy or sell Otis Worldwide Corp? Buying financial instruments such as Otis Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.