Otis Worldwide Corp Stock Performance
| OTIS Stock | USD 101.20 1.25 1.25% |
Otis Worldwide has a performance score of 9 on a scale of 0 to 100. The company holds a Beta of 0.62, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Otis Worldwide's returns are expected to increase less than the market. However, during the bear market, the loss of holding Otis Worldwide is expected to be smaller as well. Otis Worldwide Corp right now holds a risk of 1.23%. Please check Otis Worldwide Corp treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if Otis Worldwide Corp will be following its historical price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Otis Worldwide Corp are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent forward indicators, Otis Worldwide may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Actual Historical Performance (%)
One Day Return 1.21 | Five Day Return 1.94 | Year To Date Return 15.82 | Ten Year Return 126.34 | All Time Return 126.34 |
Forward Dividend Yield 0.0154 | Payout Ratio 0.4005 | Forward Dividend Rate 1.56 | Dividend Date 2024-12-06 | Ex Dividend Date 2024-11-15 |
| Otis Worldwide dividend paid on 6th of September 2024 | 09/06/2024 |
1 | Susquehanna Fundamental Investments LLC Purchases New Stake in Otis Worldwide Co. - MarketBeat | 09/30/2024 |
2 | Earnings Snapshot Otis Worldwide misses Q3 estimates, 2024 guidance | 10/30/2024 |
3 | Cohen Capital Management Inc. Purchases 310 Shares of Otis Worldwide Co. | 11/04/2024 |
4 | Disposition of 9000 shares by Luersman Abbe of Otis Worldwide at 101.0232 subject to Rule 16b-3 | 11/07/2024 |
5 | Otis Worldwide EVP sells 909,208 in stock | 11/08/2024 |
6 | Otis Worldwides SVP sells shares worth 569,158 | 11/12/2024 |
7 | Acquisition by Michael Ryan of 998 shares of Otis Worldwide subject to Rule 16b-3 | 11/14/2024 |
8 | Victory Capital Management Inc. Acquires 158,010 Shares of Otis Worldwide Co. | 11/15/2024 |
9 | Otis Worldwide issues 600 million in 5.1 percent notes due 2031 | 11/19/2024 |
10 | PNC Financial Services Group Inc. Reduces Holdings in Otis Worldwide Co. - MarketBeat | 11/21/2024 |
| Begin Period Cash Flow | 1.2 B |
Otis |
Otis Worldwide Relative Risk vs. Return Landscape
If you would invest 9,277 in Otis Worldwide Corp on August 27, 2024 and sell it today you would earn a total of 843.00 from holding Otis Worldwide Corp or generate 9.09% return on investment over 90 days. Otis Worldwide Corp is currently generating 0.1435% in daily expected returns and assumes 1.2323% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of stocks are less volatile than Otis, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Otis Worldwide Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Otis Worldwide's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Otis Worldwide Corp, and traders can use it to determine the average amount a Otis Worldwide's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1164
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Otis Worldwide is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Otis Worldwide by adding it to a well-diversified portfolio.
Otis Worldwide Fundamentals Growth
Otis Stock prices reflect investors' perceptions of the future prospects and financial health of Otis Worldwide, and Otis Worldwide fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Otis Stock performance.
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 47.15 B | ||||
| Shares Outstanding | 399.46 M | ||||
| Price To Earning | 28.11 X | ||||
| Price To Book | 13.20 X | ||||
| Price To Sales | 2.85 X | ||||
| Revenue | 14.21 B | ||||
| EBITDA | 2.19 B | ||||
| Cash And Equivalents | 1.22 B | ||||
| Cash Per Share | 2.90 X | ||||
| Total Debt | 7.31 B | ||||
| Debt To Equity | 4.12 % | ||||
| Book Value Per Share | (12.27) X | ||||
| Cash Flow From Operations | 1.63 B | ||||
| Earnings Per Share | 4.02 X | ||||
| Total Asset | 10.12 B | ||||
| Retained Earnings | (2 B) | ||||
| Current Asset | 6.24 B | ||||
| Current Liabilities | 5.92 B | ||||
About Otis Worldwide Performance
Assessing Otis Worldwide's fundamental ratios provides investors with valuable insights into Otis Worldwide's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Otis Worldwide is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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 Worldwide operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 70000 people.Things to note about Otis Worldwide Corp performance evaluation
Checking the ongoing alerts about Otis Worldwide for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Otis Worldwide Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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. | |
| 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 |
- Analyzing Otis Worldwide's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Otis Worldwide's stock is overvalued or undervalued compared to its peers.
- Examining Otis Worldwide's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Otis Worldwide's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Otis Worldwide's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Otis Worldwide's stock. These opinions can provide insight into Otis Worldwide's potential for growth and whether the stock is currently undervalued or overvalued.
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.