Otis Worldwide Number Of Shares Shorted vs. Price To Sales
| OTIS Stock | USD 102.98 0.46 0.45% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.32 | 0.2951 |
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| Net Profit Margin | 0.0647 | 0.099 |
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| Operating Profit Margin | 0.11 | 0.1538 |
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| Pretax Profit Margin | 0.15 | 0.1429 |
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| Return On Assets | 0.088 | 0.139 |
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For Otis Worldwide profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Otis Worldwide to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Otis Worldwide Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Otis Worldwide's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Otis Worldwide Corp over time as well as its relative position and ranking within its peers.
Otis |
Otis Worldwide's Revenue Breakdown by Earning Segment
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Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Otis Worldwide. If investors know Otis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Otis Worldwide listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.473 | Dividend Share 1.46 | Earnings Share 4.02 | Revenue Per Share 35.166 | Quarterly Revenue Growth 0.007 |
The market value of Otis Worldwide Corp is measured differently than its book value, which is the value of Otis that is recorded on the company's balance sheet. Investors also form their own opinion of Otis Worldwide's value that differs from its market value or its book value, called intrinsic value, which is Otis Worldwide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Otis Worldwide's market value can be influenced by many factors that don't directly affect Otis Worldwide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Otis Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Otis Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Otis Worldwide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Otis Worldwide Corp Price To Sales vs. Number Of Shares Shorted Fundamental Analysis
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. Otis Worldwide Corp is regarded third in number of shares shorted category among its peers. It is rated below average in price to sales category among its peers . The ratio of Number Of Shares Shorted to Price To Sales for Otis Worldwide Corp is about 3,064,156 . At this time, Otis Worldwide's Price To Sales Ratio is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Otis Worldwide by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Otis Price To Sales vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Otis Worldwide |
| = | 8.87 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Otis Worldwide |
| = | 2.90 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Otis Price To Sales Comparison
Otis Worldwide is currently under evaluation in price to sales category among its peers.
Otis Worldwide Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Otis Worldwide, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Otis Worldwide will eventually generate negative long term returns. The profitability progress is the general direction of Otis Worldwide's change in net profit over the period of time. It can combine multiple indicators of Otis Worldwide, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -750 M | -787.5 M | |
| Net Interest Income | -145 M | -137.8 M | |
| Interest Income | 140.3 M | 78.9 M | |
| Operating Income | 2.2 B | 2.1 B | |
| Net Income From Continuing Ops | 1.5 B | 1.4 B | |
| Income Before Tax | 2 B | 2.1 B | |
| Total Other Income Expense Net | -155 M | -147.2 M | |
| Net Income Applicable To Common Shares | 1.4 B | 1.1 B | |
| Net Income | 1.5 B | 1.4 B | |
| Income Tax Expense | 533 M | 511.2 M | |
| Change To Netincome | 15.3 M | 14.5 M | |
| Net Income Per Share | 3.42 | 2.04 | |
| Income Quality | 1.09 | 1.43 | |
| Net Income Per E B T | 0.69 | 0.46 |
Otis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Otis Worldwide. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Otis Worldwide position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Otis Worldwide's important profitability drivers and their relationship over time.
Use Otis Worldwide in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Otis Worldwide position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Otis Worldwide will appreciate offsetting losses from the drop in the long position's value.Otis Worldwide Pair Trading
Otis Worldwide Corp Pair Trading Analysis
The ability to find closely correlated positions to Otis Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Otis Worldwide when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Otis Worldwide - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Otis Worldwide Corp to buy it.
The correlation of Otis Worldwide is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Otis Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Otis Worldwide Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Otis Worldwide can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Otis Worldwide position
In addition to having Otis Worldwide in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 constituents at this time.
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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.