Goodyear Indonesia (Indonesia) Price on November 28, 2024

GDYR Stock  IDR 1,475  70.00  4.98%   
If you're considering investing in Goodyear Stock, it is important to understand the factors that can impact its price. As of today, the current price of Goodyear Indonesia stands at 1,475, as last reported on the 30th of November, with the highest price reaching 1,515 and the lowest price hitting 1,405 during the day. Goodyear Indonesia Tbk holds Efficiency (Sharpe) Ratio of -0.0265, which attests that the entity had a -0.0265% return per unit of risk over the last 3 months. Goodyear Indonesia Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Goodyear Indonesia's Standard Deviation of 1.8, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.13) to validate the risk estimate we provide.
  
Goodyear Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0265

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Estimated Market Risk

 1.79
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Goodyear Indonesia is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Goodyear Indonesia by adding Goodyear Indonesia to a well-diversified portfolio.

Goodyear Indonesia Valuation on November 28, 2024

It is possible to determine the worth of Goodyear Indonesia on a given historical date. On November 28, 2024 Goodyear was worth 1410.0 at the beginning of the trading date compared to the closed value of 1475.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goodyear Indonesia stock. Still, in general, we apply an absolute valuation method to find Goodyear Indonesia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Goodyear Indonesia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goodyear Indonesia's related companies.
 Open High Low Close Volume
  1,490    1,510    1,350    1,405    8,800  
11/28/2024
  1,410    1,515    1,405    1,475    6,000  
  1,410    1,515    1,405    1,475    0.00  
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Open Value
1410.0
1475.0
Closing Value
1,415
Upside

Goodyear Indonesia Trading Date Momentum on November 28, 2024

On November 30 2024 Goodyear Indonesia Tbk was traded for  1,475  at the closing time. The highest price during the trading period was 1,515  and the lowest recorded bid was listed for  1,405 . There was no trading activity during the period 0.0. Lack of trading volume on November 30, 2024 did not cause price change. The overall trading delta to the current price is 4.41% .

Goodyear Indonesia Tbk Fundamentals Correlations and Trends

By evaluating Goodyear Indonesia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Goodyear Indonesia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goodyear financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Goodyear Indonesia Stock history

Goodyear Indonesia investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Goodyear is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goodyear Indonesia Tbk will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Goodyear Indonesia stock prices may prove useful in developing a viable investing in Goodyear Indonesia
PT Goodyear Indonesia Tbk manufactures, imports, exports, and distributes tires, inner tubes, flaps, and other rubber derivative products for automobiles, and airplanes and related components. PT Goodyear Indonesia Tbk is a subsidiary of The Goodyear Tire Rubber Company. Goodyear Indonesia operates under Auto Parts classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 842 people.

Goodyear Indonesia Stock Technical Analysis

Goodyear Indonesia technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Goodyear Indonesia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goodyear Indonesia trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Goodyear Indonesia Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Goodyear Indonesia Tbk cannot be verified against its exchange. Please verify the symbol is currently traded on Jakarta Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Goodyear Indonesia November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Goodyear Indonesia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goodyear Indonesia shares will generate the highest return on investment. By undertsting and applying Goodyear Indonesia stock market strength indicators, traders can identify Goodyear Indonesia Tbk entry and exit signals to maximize returns

Goodyear Indonesia Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Goodyear Indonesia's price direction in advance. Along with the technical and fundamental analysis of Goodyear Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goodyear to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Goodyear Stock

Goodyear Indonesia financial ratios help investors to determine whether Goodyear Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goodyear with respect to the benefits of owning Goodyear Indonesia security.