Smart Elevator Market To Reach USD 50.3 Billion By 2032, Says DataHorizzon Research
OTIS Stock | USD 92.12 0.35 0.38% |
Slightly above 54% of Otis Worldwide's private investors are presently thinking to get in. The analysis of overall sentiment of trading Otis Worldwide Corp stock suggests that some investors are interested at this time. Otis Worldwide's investor sentiment overview provides quick insight into current market opportunities from investing in Otis Worldwide Corp. The current market sentiment, together with Otis Worldwide's historical and current headlines, can help investors time the market. In addition, many technical investors use Otis Worldwide Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Otis Worldwide stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Otis daily returns and investor perception about the current price of Otis Worldwide Corp as well as its diversification or hedging effects on your existing portfolios.
Otis |
The smart elevator market size was valued at USD 22.4 Billion in 2023 and is expected to reach USD 50.3 Billion by 2032 at a CAGR of 9.4.Fort Collins, Colorado, April 10, 2024 -- Extensive use of Smart Technologies to Impel the Demand for Smart Elevators. Smart elevators are gaining popularity in modern buildings, elevating the overall user experience and boosting building efficiency. These advanced elevator systems have touchless technology, artificial intelligence, and Intern
Read at finance.yahoo.com
Otis Worldwide Corp Current Investor Sentiment
Panic Vs Confidence
54
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Otis Worldwide's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Otis Worldwide Corp.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Otis Worldwide Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Otis Worldwide 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.
Otis Worldwide Corp Historical Investor Sentiment
Investor biases related to Otis Worldwide's public news can be used to forecast risks associated with an investment in Otis. The trend in average sentiment can be used to explain how an investor holding Otis can time the market purely based on public headlines and social activities around Otis Worldwide Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Otis Worldwide's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Otis Worldwide and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Otis Worldwide news discussions. The higher the estimate score, the more favorable the investor's outlook on Otis Worldwide.
Otis Worldwide Maximum Pain Price across 2024-05-17 Option Contracts
Otis Worldwide's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Otis Worldwide close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Otis Worldwide's options.
Otis Worldwide Fundamental Analysis
We analyze Otis Worldwide's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Otis Worldwide using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Otis Worldwide 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.
Debt To Equity
Debt To Equity Comparative Analysis
Otis Worldwide is currently under evaluation in debt to equity category among related companies. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Otis Worldwide Corp 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 Otis Worldwide stock to make a market-neutral strategy. Peer analysis of Otis Worldwide could also be used in its relative valuation, which is a method of valuing Otis Worldwide by comparing valuation metrics with similar companies.
Peers
Otis Worldwide Related Equities
GTLS | Chart Industries | 6.90 | ||||
ETN | Eaton PLC | 1.96 | ||||
ROK | Rockwell Automation | 1.48 | ||||
PH | Parker Hannifin | 1.04 | ||||
AOS | Smith AO | 0.91 | ||||
DOV | Dover | 0.84 | ||||
ITW | Illinois Tool | 0.78 | ||||
CMI | Cummins | 0.16 |
Check out Otis Worldwide Hype Analysis, Otis Worldwide Correlation and Otis Worldwide Performance. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary 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.
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |
Is Otis Worldwide's industry 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 0.089 | Dividend Share 1.36 | Earnings Share 3.46 | Revenue Per Share 34.953 | Quarterly Revenue Growth 0.027 |
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.