Otis Worldwide (Germany) Statistic Functions Beta
4PG Stock | EUR 96.78 0.10 0.10% |
Symbol |
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Otis Worldwide Corp correlated with the market. If Beta is less than 0 Otis Worldwide generally moves in the opposite direction as compared to the market. If Otis Worldwide Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Otis Worldwide Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Otis Worldwide is generally in the same direction as the market. If Beta > 1 Otis Worldwide moves generally in the same direction as, but more than the movement of the benchmark.
Otis Worldwide Technical Analysis Modules
Most technical analysis of Otis Worldwide help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Otis from various momentum indicators to cycle indicators. When you analyze Otis charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Otis Worldwide Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Otis Worldwide Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Otis Worldwide Corp based on widely used predictive technical indicators. In general, we focus on analyzing Otis Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Otis Worldwide's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Otis Worldwide's intrinsic value. In addition to deriving basic predictive indicators for Otis Worldwide, we also check how macroeconomic factors affect Otis Worldwide price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Otis Worldwide in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Otis Worldwide's short interest history, or implied volatility extrapolated from Otis Worldwide options trading.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.Warren Buffett Holdings Invested few shares | ||
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Hedge Favorites Invested over 50 shares | ||
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Momentum Invested few shares | ||
Social Domain Invested few shares |
Additional Information and Resources on Investing in Otis Stock
When determining whether Otis Worldwide Corp is a strong investment it is important to analyze Otis Worldwide's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Otis Worldwide's future performance. For an informed investment choice regarding Otis Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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 board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.