Bullish Case: OTIS has a steady growth in earnings, conservative dividend payouts, and a forecasted AI price increase, all indicating sustainable performance and potential stock appreciation.


Bearish Case: Recent insider selling, overvaluation concerns, and negative Helium AI forecasts despite a rise in price suggest a potential pullback and price correction for OTIS.


Potential Outcomes: OTIS may continue its mean-reverting trend (70% chance), or face a downturn from overvaluation and insider skepticism (30% chance), affecting stock valuation.


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April 06, 2024


Otis Worldwide Forecast

OTIS        Otis Worldwide
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with OTIS



XYL Forecast + Options Trading Strategies   [XYL]  Xylem (0.94)


RSP Forecast + Options Trading Strategies   [RSP]  Invesco S&P 500 Equal Weight (0.93)


LPX Forecast + Options Trading Strategies   [LPX]  Louisiana-Pacific (0.92)


XRT Forecast + Options Trading Strategies   [XRT]  SPDR Retail (0.92)


SQ Forecast + Options Trading Strategies   [SQ]  Square (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to OTIS



SAND Forecast + Options Trading Strategies   [SAND]  Sandstorm Gold (-0.0)


NEP Forecast + Options Trading Strategies   [NEP]  NextEra Energy (-0.0)


PRGO Forecast + Options Trading Strategies   [PRGO]  Perrigo (-0.01)


GSG Forecast + Options Trading Strategies   [GSG]  BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed (-0.01)


ED Forecast + Options Trading Strategies   [ED]  Consolidated Edison (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against OTIS



DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.87)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.88)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.89)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.91)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.92)





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