24897 Shares in Otter Tail Co. Bought by Illinois Municipal Retirement Fund - MarketBeat
OTTR Stock | USD 80.88 0.65 0.81% |
Slightly above 59% of all Otter Tail's retail investors are looking to take a long position. The analysis of overall sentiment of trading Otter Tail stock suggests that some investors are interested at this time. Otter Tail's investing sentiment overview a quick insight into current market opportunities from investing in Otter Tail. Many technical investors use Otter Tail stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Otter |
24897 Shares in Otter Tail Co. Bought by Illinois Municipal Retirement Fund MarketBeat
Read at news.google.com
Otter Tail Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Otter Tail can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Otter Tail Fundamental Analysis
We analyze Otter Tail's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Otter Tail using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Otter Tail 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.
Five Year Return
Five Year Return Comparative Analysis
Otter Tail is currently under evaluation in five year return category among its peers. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Otter Tail 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 Otter Tail stock to make a market-neutral strategy. Peer analysis of Otter Tail could also be used in its relative valuation, which is a method of valuing Otter Tail by comparing valuation metrics with similar companies.
Peers
Otter Tail Related Equities
AES | AES | 3.26 | ||||
MNTK | Montauk Renewables | 3.02 | ||||
BIP | Brookfield Infrastructure | 1.49 | ||||
BIP-PB | Brookfield Infrastructure | 0.79 | ||||
BKH | Black Hills | 0.55 | ||||
BIP-PA | Brookfield Infrastructure | 0.52 | ||||
NWE | NorthWestern | 0.44 | ||||
AVA | Avista | 0.16 | ||||
ALE | Allete | 0.02 | ||||
ELP | Companhia Paranaense | 5.28 |
Additional Tools for Otter Stock Analysis
When running Otter Tail's price analysis, check to measure Otter Tail'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 Otter Tail is operating at the current time. Most of Otter Tail's value examination focuses on studying past and present price action to predict the probability of Otter Tail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otter Tail's price. Additionally, you may evaluate how the addition of Otter Tail to your portfolios can decrease your overall portfolio volatility.