| OTIS Stock | | | USD 102.52 0.55 0.54% |
Otis Worldwide market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Otis Worldwide Corp or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Otis Worldwide Corp has current Market Risk Adjusted Performance of 0.2453.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.2453 | |
| ER[a] | = | Expected return on investing in Otis Worldwide |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Otis Worldwide Market Risk Adjusted Performance Peers Comparison
Otis Market Risk Adjusted Performance Relative To Other Indicators
Otis Worldwide Corp is regarded
fourth in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
28.14 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Otis Worldwide Corp is roughly
28.14
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