Otis Worldwide Corporation (OTIS) Drawdown History
48 recorded drawdown events with recovery analysis
Price
$78.11
All-Time High
$103.74
Current Drawdown
-24.7%
Severity Score
5.3
Zone
Strong
Drawdown Distribution
How OTIS's 48 recorded drawdowns break down by severity:
34
< 5%
9
5-10%
4
10-20%
1
20-30%
0
30%+
Recovery Patterns
When OTIS drops 10% or more from its high, it has happened 5 times with an average duration of 180 days and an average maximum drop of -16.1%.
Drops of 20% or more have occurred 1 times, lasting an average of 695 days with an average depth of -30.0%.
All Drawdown Events
Showing 14 events with drops of 5% or more, sorted by depth.
| # | Start Date | End Date | Max Drop | Duration | Start Price | Low Price |
|---|---|---|---|---|---|---|
| 1 | 2021-08-31 | 2023-07-26 | -30.0% | 695 days | $86.44 | $60.51 |
| 2 | 2023-08-01 | 2023-12-14 | -16.7% | 136 days | $87.25 | $72.68 |
| 3 | 2020-04-01 | 2020-04-29 | -12.0% | 29 days | $45.92 | $40.41 |
| 4 | 2020-03-20 | 2020-03-30 | -11.6% | 11 days | $41.56 | $36.73 |
| 5 | 2020-10-13 | 2020-11-10 | -10.2% | 29 days | $60.75 | $54.55 |
| 6 | 2020-05-11 | 2020-05-20 | -9.3% | 10 days | $48.63 | $44.08 |
| 7 | 2020-06-09 | 2020-07-29 | -9.3% | 51 days | $56.47 | $51.20 |
| 8 | 2024-06-06 | 2024-09-26 | -9.3% | 113 days | $98.21 | $89.10 |
| 9 | 2020-09-03 | 2020-10-09 | -9.1% | 37 days | $60.42 | $54.94 |
| 10 | 2024-03-22 | 2024-06-05 | -9.0% | 76 days | $97.27 | $88.52 |
| 11 | 2021-01-08 | 2021-03-16 | -8.2% | 67 days | $62.87 | $57.73 |
| 12 | 2020-11-25 | 2020-12-31 | -6.9% | 37 days | $62.52 | $58.23 |
| 13 | 2020-04-30 | 2020-05-07 | -6.0% | 8 days | $46.97 | $44.16 |
| 14 | 2023-12-15 | 2024-02-02 | -5.8% | 50 days | $87.67 | $82.62 |
34 minor events (under 5% drop) not shown.
Frequently Asked Questions
What is OTIS's biggest all-time drawdown?
Otis Worldwide Corporation's deepest recorded drawdown was -30.0%, which occurred from 2021-08-31 to 2023-07-26 and lasted 695 days. The stock dropped from $86.44 to a low of $60.51.
How long does it take OTIS to recover from a drawdown?
When OTIS drops 10% or more from its high, it has historically recovered within an average of 180 days. This is based on 5 comparable events in the tracked history.
Is OTIS at an all-time high?
No, Otis Worldwide Corporation is currently trading at $78.11, which is -24.7% below its all-time high of $103.74. The current Drawdown Severity Score is 5.3 (Strong).
How many drawdown events has OTIS experienced?
Otis Worldwide Corporation has experienced 48 tracked drawdown events. Of these, 14 were drops of 5% or more. The average maximum drawdown across all events is -4.3%.
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Get Started FreeDisclaimer: DrawdownAlerts provides historical data analysis, not financial advice. Past performance does not guarantee future results. Severity scores are analytical tools, not buy/sell signals. Always do your own research before making investment decisions.