GOODYEAR T (Germany) Price on June 27, 2024
| GTR Stock | EUR 10.14 0.16 1.60% |
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 T stands at 10.14, as last reported on the 30th of November, with the highest price reaching 10.27 and the lowest price hitting 9.96 during the day. GOODYEAR T appears to be somewhat reliable, given 3 months investment horizon. GOODYEAR T RUBBER holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of volatility over the last 3 months. We have found thirty technical indicators for GOODYEAR T RUBBER, which you can use to evaluate the volatility of the firm. Please utilize GOODYEAR T's market risk adjusted performance of 0.9779, and Risk Adjusted Performance of 0.1171 to validate if our risk estimates are consistent with your expectations.
GOODYEAR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GOODYEAR |
Sharpe Ratio = 0.1426
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Estimated Market Risk
| 3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average GOODYEAR T is performing at about 11% of its full potential. 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 T by adding it to a well-diversified portfolio.
GOODYEAR T Valuation on June 27, 2024
It is possible to determine the worth of GOODYEAR T on a given historical date. On June 27, 2024 GOODYEAR was worth 10.23 at the beginning of the trading date compared to the closed value of 10.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GOODYEAR T stock. Still, in general, we apply an absolute valuation method to find GOODYEAR T'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 T where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GOODYEAR T's related companies.
| Open | High | Low | Close | Volume | |
| 10.24 | 10.37 | 10.24 | 10.24 | 100.00 | |
06/27/2024 | 10.23 | 10.33 | 10.23 | 10.33 | 100.00 |
| 10.28 | 10.44 | 10.28 | 10.44 | 100.00 |
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GOODYEAR T Trading Date Momentum on June 27, 2024
| On June 28 2024 GOODYEAR T RUBBER was traded for 10.44 at the closing time. The maximum traded price for the trading interval was 10.44 and the lowest daily price was 10.28 . The daily volume was recorded at 100.0. The volume of trading on 28th of June 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 1.06% . The overall trading delta to the closing price today is 3.87% . |
GOODYEAR T RUBBER Fundamentals Correlations and Trends
By evaluating GOODYEAR T'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 T'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 T Stock history
GOODYEAR T 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 T RUBBER 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 T stock prices may prove useful in developing a viable investing in GOODYEAR T
GOODYEAR T Stock Technical Analysis
GOODYEAR T 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.
Price Boundaries
GOODYEAR T Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
GOODYEAR T RUBBER cannot be verified against its exchange. Please verify the symbol is currently traded on Dusseldorf 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 T November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how GOODYEAR T 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 T shares will generate the highest return on investment. By undertsting and applying GOODYEAR T stock market strength indicators, traders can identify GOODYEAR T RUBBER entry and exit signals to maximize returns
GOODYEAR T Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GOODYEAR T'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.
| Risk Adjusted Performance | 0.1171 | |||
| Jensen Alpha | 0.3648 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1108 | |||
| Treynor Ratio | 0.9679 |
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Additional Tools for GOODYEAR Stock Analysis
When running GOODYEAR T's price analysis, check to measure GOODYEAR T'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 T is operating at the current time. Most of GOODYEAR T's value examination focuses on studying past and present price action to predict the probability of GOODYEAR T'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 T's price. Additionally, you may evaluate how the addition of GOODYEAR T to your portfolios can decrease your overall portfolio volatility.