TMRAF vs. OTIS
TMRAF (Tomra Systems ASA) and OTIS (Otis Worldwide Corporation) are both stocks. Both are in the Industrials sector — TMRAF in Waste Management, OTIS in Specialty Industrial Machinery. Over the past 5 years, TMRAF returned -10.31%/yr vs -0.58%/yr for OTIS. At a 0.07 correlation, their price movements are largely independent.
Performance
TMRAF vs. OTIS - Performance Comparison
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Returns By Period
In the year-to-date period, TMRAF achieves a -27.35% return, which is significantly lower than OTIS's -16.14% return.
TMRAF
- 1D
- 0.00%
- 1M
- -7.09%
- YTD
- -27.35%
- 6M
- -23.49%
- 1Y
- -37.12%
- 3Y*
- -14.65%
- 5Y*
- -10.31%
- 10Y*
- 13.50%
OTIS
- 1D
- -1.08%
- 1M
- -0.40%
- YTD
- -16.14%
- 6M
- -16.03%
- 1Y
- -21.40%
- 3Y*
- -4.02%
- 5Y*
- -0.58%
- 10Y*
- —
TMRAF vs. OTIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TMRAF Tomra Systems ASA | -27.35% | 7.13% | 13.87% | -32.05% | -27.02% | 50.97% | 112.67% |
OTIS Otis Worldwide Corporation | -16.14% | -3.99% | 5.17% | 16.04% | -8.76% | 30.41% | 70.57% |
Correlation
The correlation between TMRAF and OTIS is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2020 | 0.07 |
Fundamentals
TMRAF:
$2.95B
OTIS:
$28.24B
TMRAF:
€0.79
OTIS:
$3.77
TMRAF:
10.94
OTIS:
19.25
TMRAF:
0.03
OTIS:
3.33
TMRAF:
0.55
OTIS:
1.95
TMRAF:
€4.64B
OTIS:
$14.65B
TMRAF:
€948.72M
OTIS:
$4.45B
TMRAF:
€811.94M
OTIS:
$2.44B
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Return for Risk
TMRAF vs. OTIS — Risk / Return Rank
TMRAF
OTIS
TMRAF vs. OTIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tomra Systems ASA (TMRAF) and Otis Worldwide Corporation (OTIS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TMRAF | OTIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 0.85 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | -0.72 | -0.15 |
| Martin ratioReturn relative to average drawdown | -1.75 | -1.37 | -0.37 |
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Drawdowns
TMRAF vs. OTIS - Drawdown Comparison
The maximum TMRAF drawdown since its inception was -71.64%, which is greater than OTIS's maximum drawdown of -32.44%. Use the drawdown chart below to compare losses from any high point for TMRAF and OTIS.
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Drawdown Indicators
| TMRAF | OTIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.64% | -32.44% | -39.20% |
Max Drawdown (1Y)Largest decline over 1 year | -43.08% | -30.00% | -13.08% |
Max Drawdown (3Y)Largest decline over 3 years | -55.69% | -32.44% | -23.25% |
Max Drawdown (5Y)Largest decline over 5 years | -71.64% | -32.44% | -39.20% |
Max Drawdown (10Y)Largest decline over 10 years | -71.64% | — | — |
Current DrawdownCurrent decline from peak | -60.62% | -29.39% | -31.23% |
Average DrawdownAverage peak-to-trough decline | -20.71% | -9.06% | -11.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.29% | 15.59% | +5.70% |
Volatility
TMRAF vs. OTIS - Volatility Comparison
Tomra Systems ASA (TMRAF) has a higher volatility of 6.78% compared to Otis Worldwide Corporation (OTIS) at 6.16%. This indicates that TMRAF's price experiences larger fluctuations and is considered to be riskier than OTIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TMRAF | OTIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 6.16% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 40.08% | 16.64% | +23.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.32% | 23.68% | +27.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.63% | 22.15% | +36.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.90% | 25.84% | +24.06% |
Dividends
TMRAF vs. OTIS - Dividend Comparison
TMRAF's dividend yield for the trailing twelve months is around 0.23%, less than OTIS's 2.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
OTIS Otis Worldwide Corporation | 2.35% | 1.89% | 1.63% | 1.46% | 1.42% | 1.06% | 0.89% | 0.00% | 0.00% | 0.00% |
TMRAF Tomra Systems ASA | 0.23% | 1.55% | 1.39% | 1.49% | 1.94% | 1.01% | 0.62% | 1.62% | 4.28% | 13.33% |
Financials
TMRAF vs. OTIS - Financials Comparison
This section allows you to compare key financial metrics between Tomra Systems ASA and Otis Worldwide Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TMRAF vs. OTIS - Profitability Comparison
TMRAF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tomra Systems ASA reported a gross profit of 334.00M and revenue of 334.00M. Therefore, the gross margin over that period was 100.0%.
OTIS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Otis Worldwide Corporation reported a gross profit of 1.08B and revenue of 3.57B. Therefore, the gross margin over that period was 30.3%.
TMRAF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tomra Systems ASA reported an operating income of 5.00M and revenue of 334.00M, resulting in an operating margin of 1.5%.
OTIS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Otis Worldwide Corporation reported an operating income of 539.00M and revenue of 3.57B, resulting in an operating margin of 15.1%.
TMRAF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tomra Systems ASA reported a net income of -3.00M and revenue of 334.00M, resulting in a net margin of -0.9%.
OTIS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Otis Worldwide Corporation reported a net income of 340.00M and revenue of 3.57B, resulting in a net margin of 9.5%.
Frequently Asked Questions
TMRAF and OTIS have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TMRAF has higher volatility (6.78%) compared to OTIS (6.16%). In terms of maximum drawdown, TMRAF dropped -71.64% vs OTIS's -32.44%.
TMRAF currently has the higher Sharpe Ratio (-0.73 vs -0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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