Goodyear Lastikleri (Turkey) Price on October 15, 2024

GOODY Stock  TRY 15.58  0.52  3.23%   
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 Lastikleri stands at 15.58, as last reported on the 1st of December, with the highest price reaching 16.37 and the lowest price hitting 15.37 during the day. Goodyear Lastikleri TAS holds Efficiency (Sharpe) Ratio of -0.0114, which attests that the entity had a -0.0114% return per unit of risk over the last 3 months. Goodyear Lastikleri TAS exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Goodyear Lastikleri's Market Risk Adjusted Performance of 0.0692, downside deviation of 1.99, and Risk Adjusted Performance of 0.021 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 = -0.0114

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Estimated Market Risk

 2.23
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Goodyear Lastikleri 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 Lastikleri by adding Goodyear Lastikleri to a well-diversified portfolio.

Goodyear Lastikleri Valuation on October 15, 2024

It is possible to determine the worth of Goodyear Lastikleri on a given historical date. On October 15, 2024 Goodyear was worth 14.06 at the beginning of the trading date compared to the closed value of 14.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goodyear Lastikleri stock. Still, in general, we apply an absolute valuation method to find Goodyear Lastikleri'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 Lastikleri where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goodyear Lastikleri's related companies.
 Open High Low Close Volume
  14.27    14.30    13.93    14.05    1,012,286  
10/15/2024
  14.06    14.60    14.06    14.51    1,645,642  
  14.51    14.68    14.39    14.65    788,537  
Backtest Goodyear Lastikleri  |  Goodyear Lastikleri History  |  Goodyear Lastikleri Valuation   PreviousNext  
Open Value
14.06
14.51
Closing Value
20.74
Upside

Goodyear Lastikleri Trading Date Momentum on October 15, 2024

On October 16 2024 Goodyear Lastikleri TAS was traded for  14.65  at the closing time. The highest price during the trading period was 14.68  and the lowest recorded bid was listed for  14.39 . The volume for the day was 788.5 K. This history from October 16, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.96% . The overall trading delta to the current price is 5.65% .

Goodyear Lastikleri TAS Fundamentals Correlations and Trends

By evaluating Goodyear Lastikleri'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 Lastikleri'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 Lastikleri Stock history

Goodyear Lastikleri 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 Lastikleri TAS 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 Lastikleri stock prices may prove useful in developing a viable investing in Goodyear Lastikleri
Goodyear Lastikleri T.A.S. develops, produces, distributes, and sells tires and tire related products under the Goodyear, Fulda, Sava, and Debica brands worldwide. Goodyear Lastikleri T.A.S. is a subsidiary of The Goodyear Tire Rubber Company. GOOD YEAR operates under Auto Parts classification in Turkey and is traded on Istanbul Stock Exchange. It employs 1703 people.

Goodyear Lastikleri Stock Technical Analysis

Goodyear Lastikleri 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 Lastikleri technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goodyear Lastikleri 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 Lastikleri Period Price Range

Low
December 1, 2024
0.00  NaN%
High

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Goodyear Lastikleri TAS cannot be verified against its exchange. Please verify the symbol is currently traded on Istanbul Stock 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 Lastikleri December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Goodyear Lastikleri 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 Lastikleri shares will generate the highest return on investment. By undertsting and applying Goodyear Lastikleri stock market strength indicators, traders can identify Goodyear Lastikleri TAS entry and exit signals to maximize returns

Goodyear Lastikleri Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Goodyear Lastikleri'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.

Complementary Tools for Goodyear Stock analysis

When running Goodyear Lastikleri's price analysis, check to measure Goodyear Lastikleri'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 Lastikleri is operating at the current time. Most of Goodyear Lastikleri's value examination focuses on studying past and present price action to predict the probability of Goodyear Lastikleri'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 Lastikleri's price. Additionally, you may evaluate how the addition of Goodyear Lastikleri to your portfolios can decrease your overall portfolio volatility.
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