Goodyear Tire Financials
| GTR Stock | 9.36 0.54 6.12% |
Goodyear |
Understanding current and past Goodyear Tire Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Goodyear Tire's financial statements are interrelated, with each one affecting the others. For example, an increase in Goodyear Tire's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Goodyear Tire's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Goodyear Tire Rubber. Check Goodyear Tire's Beneish M Score to see the likelihood of Goodyear Tire's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | Stuttgart Exchange |
| ISIN | US3825501014 |
| Benchmark | Dow Jones Industrial |
Goodyear Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Goodyear Tire's current stock value. Our valuation model uses many indicators to compare Goodyear Tire value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goodyear Tire competition to find correlations between indicators driving Goodyear Tire's intrinsic value. More Info.Goodyear Tire Rubber is rated below average in current valuation category among its peers. It also is rated below average in price to book category among its peers . The ratio of Current Valuation to Price To Book for Goodyear Tire Rubber is about 18,269,246,405 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Goodyear Tire's earnings, one of the primary drivers of an investment's value.Goodyear Tire Rubber Systematic Risk
Goodyear Tire's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Goodyear Tire volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Goodyear Tire Rubber correlated with the market. If Beta is less than 0 Goodyear Tire generally moves in the opposite direction as compared to the market. If Goodyear Tire Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Goodyear Tire Rubber is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Goodyear Tire is generally in the same direction as the market. If Beta > 1 Goodyear Tire moves generally in the same direction as, but more than the movement of the benchmark.
Goodyear Tire Thematic Clasifications
Goodyear Tire Rubber is part of Plastics investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories
This theme covers Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories. Get More Thematic Ideas
| Plastics | View |
Goodyear Tire November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Goodyear Tire help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Goodyear Tire Rubber. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goodyear Tire Rubber based on widely used predictive technical indicators. In general, we focus on analyzing Goodyear Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goodyear Tire's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.16 | |||
| Information Ratio | 0.0551 | |||
| Maximum Drawdown | 14.32 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 6.12 |
Additional Tools for Goodyear Stock Analysis
When running Goodyear Tire's price analysis, check to measure Goodyear Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goodyear Tire is operating at the current time. Most of Goodyear Tire's value examination focuses on studying past and present price action to predict the probability of Goodyear Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodyear Tire's price. Additionally, you may evaluate how the addition of Goodyear Tire to your portfolios can decrease your overall portfolio volatility.