OTIS Fell 12% In A Day. Not Its Worst Day Ever.
- In Inflation Shock, Otis Worldwide stock declined 31% vs 25% for S&P 500. During covid pandemic, it dropped 14% compared to the S&P 500’s 34%.
- Following the Covid Pandemic, the stock took 28 months to recover, compared to 5 months for the S&P 500. In the inflation shock, the stock took 17 months to recover, compared to 15 months for the S&P 500.
Otis Worldwide Stock Performance In Market Crashes:
| OTIS | S&P 500 | |
|---|---|---|
| Covid Pandemic | ||
| % Change from Pre-Recession Peak | -14% | -34% |
| # of Months for Full Recovery | 28 | 5 |
| Inflation Shock | ||
| % Change from Pre-Recession Peak | -31% | -25% |
| # of Months for Full Recovery | 17 | 15 |
Worried that OTIS could fall much more? You could take a look at the Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.
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