Otis Worldwide Corp Stock Analysis
| OTIS Stock | USD 102.52 0.55 0.54% |
Otis Worldwide Corp is fairly valued with Real Value of 100.43 and Hype Value of 102.52. The main objective of Otis Worldwide stock analysis is to determine its intrinsic value, which is an estimate of what Otis Worldwide Corp is worth, separate from its market price. There are two main types of Otis Worldwide's stock analysis: fundamental analysis and technical analysis.
The Otis Worldwide stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Otis Worldwide is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Otis Stock trading window is adjusted to America/New York timezone.
Otis |
Otis Stock Analysis Notes
About 93.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.7. Otis Worldwide Corp last dividend was issued on the 15th of November 2024. 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. To find out more about Otis Worldwide Corp contact Judith Marks at 860 674 3000 or learn more at https://www.otis.com.Otis Worldwide Corp Investment Alerts
| 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 |
Otis Worldwide Corp Upcoming and Recent Events
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Otis Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 40.95 B.Otis Profitablity
The company has Profit Margin (PM) of 0.11 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.17 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.17.Technical Drivers
As of the 28th of November, Otis Worldwide holds the Coefficient Of Variation of 898.51, risk adjusted performance of 0.0891, and Semi Deviation of 1.13. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Otis Worldwide, as well as the relationship between them. Please check Otis Worldwide Corp downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Otis Worldwide Corp is priced some-what accurately, providing market reflects its current price of 102.52 per share. Given that Otis Worldwide has jensen alpha of 0.108, we recommend you to check out Otis Worldwide Corp's recent market performance to make sure the company can sustain itself at a future point.Otis Worldwide Corp Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Otis Worldwide middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Otis Worldwide Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Otis Worldwide Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Otis Worldwide insiders, such as employees or executives, is commonly permitted as long as it does not rely on Otis Worldwide's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Otis Worldwide insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Otis Worldwide Outstanding Bonds
Otis Worldwide issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Otis Worldwide Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Otis bonds can be classified according to their maturity, which is the date when Otis Worldwide Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| OTIS WORLDWIDE P Corp BondUS68902VAH06 | View | |
| US68902VAJ61 Corp BondUS68902VAJ61 | View | |
| OTIS WORLDWIDE P Corp BondUS68902VAK35 | View | |
| OTIS WORLDWIDE P Corp BondUS68902VAL18 | View | |
| US68902VAM90 Corp BondUS68902VAM90 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Otis Worldwide Predictive Daily Indicators
Otis Worldwide intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Otis Worldwide stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Otis Worldwide Forecast Models
Otis Worldwide's time-series forecasting models are one of many Otis Worldwide's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Otis Worldwide's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Otis Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Otis Worldwide prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Otis shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Otis Worldwide. By using and applying Otis Stock analysis, traders can create a robust methodology for identifying Otis entry and exit points for their positions.
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.
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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.