Goodyear Public (Thailand) Price on May 18, 2023

GYT Stock  THB 170.00  1.00  0.58%   
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 Public stands at 170.00, as last reported on the 2nd of December, with the highest price reaching 170.00 and the lowest price hitting 169.00 during the day. Goodyear Public is out of control given 3 months investment horizon. Goodyear Public holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 30.37% are justified by taking the suggested risk. Use Goodyear Public Risk Adjusted Performance of 0.1278, market risk adjusted performance of (0.55), and Downside Deviation of 1.88 to evaluate company specific risk that cannot be diversified away.
  
Goodyear Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1711

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Estimated Market Risk

 177.44
  actual daily
96
96% of assets are less volatile

Expected Return

 5.01
  actual daily
96
96% of assets have lower returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Goodyear Public is performing at about 13% 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 Public by adding it to a well-diversified portfolio.

Goodyear Public Valuation on May 18, 2023

It is possible to determine the worth of Goodyear Public on a given historical date. On May 18, 2023 Goodyear was worth 177.06 at the beginning of the trading date compared to the closed value of 179.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goodyear Public stock. Still, in general, we apply an absolute valuation method to find Goodyear Public'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 Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goodyear Public's related companies.
 Open High Low Close Volume
  178.53    179.02    176.07    177.06    1,900  
05/18/2023
  177.06    180.01    177.06    179.52    2,100  
  178.04    179.52    178.04    179.52    200.00  
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Open Value
177.06
179.52
Closing Value
709.38
Upside

Goodyear Public Trading Date Momentum on May 18, 2023

On May 19 2023 Goodyear Public was traded for  179.52  at the closing time. The maximum traded price for the trading interval was 179.52  and the lowest daily price was  178.04 . The daily volume was recorded at 200. The volume of trading on 19th of May 2023 did not cause price change. The overall trading delta to the closing price today is 0.82% .

Goodyear Public Fundamentals Correlations and Trends

By evaluating Goodyear Public'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 Public'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 Public Stock history

Goodyear Public 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 Public 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 Public stock prices may prove useful in developing a viable investing in Goodyear Public
Goodyear Public Company Limited manufactures, distributes, and sells motor vehicle and aero tires in Thailand. Goodyear Public Company Limited is a subsidiary of The Goodyear Tire Rubber Company. GOODYEAR PUBLIC operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.

Goodyear Public Stock Technical Analysis

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

Low
December 2, 2024
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High

 0.00 

     

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Goodyear Public cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand 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 Public December 2, 2024 Market Strength

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

Goodyear Public Technical and Predictive Indicators

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