Goodyear Tire (Germany) Performance
| GTR Stock | EUR 10.21 0.24 2.41% |
On a scale of 0 to 100, Goodyear Tire holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 1.63, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Goodyear Tire will likely underperform. Please check Goodyear Tire's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether Goodyear Tire's current trending patterns will revert.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in The Goodyear Tire are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, Goodyear Tire reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.2 B |
Goodyear |
Goodyear Tire Relative Risk vs. Return Landscape
If you would invest 789.00 in The Goodyear Tire on September 1, 2024 and sell it today you would earn a total of 232.00 from holding The Goodyear Tire or generate 29.4% return on investment over 90 days. The Goodyear Tire is currently producing 0.4407% returns and takes up 3.235% volatility of returns over 90 trading days. Put another way, 28% of traded stocks are less volatile than Goodyear, and 92% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Goodyear Tire Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Goodyear Tire's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as The Goodyear Tire, and traders can use it to determine the average amount a Goodyear Tire's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1362
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | GTR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Goodyear Tire is performing at about 10% 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 Tire by adding it to a well-diversified portfolio.
Goodyear Tire Fundamentals Growth
Goodyear Stock prices reflect investors' perceptions of the future prospects and financial health of Goodyear Tire, and Goodyear Tire fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Goodyear Stock performance.
| Return On Equity | 0.0393 | |||
| Return On Asset | 0.0258 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 10.91 B | |||
| Shares Outstanding | 283.01 M | |||
| Price To Earning | 6.38 X | |||
| Price To Book | 0.61 X | |||
| Price To Sales | 0.14 X | |||
| Revenue | 20.8 B | |||
| EBITDA | 1.81 B | |||
| Cash And Equivalents | 917 M | |||
| Cash Per Share | 3.94 X | |||
| Total Debt | 7.27 B | |||
| Debt To Equity | 150.50 % | |||
| Book Value Per Share | 18.73 X | |||
| Cash Flow From Operations | 521 M | |||
| Earnings Per Share | 0.68 X | |||
| Total Asset | 22.43 B | |||
About Goodyear Tire Performance
By analyzing Goodyear Tire's fundamental ratios, stakeholders can gain valuable insights into Goodyear Tire's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Goodyear Tire has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Goodyear Tire has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The Goodyear Tire Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. The Goodyear Tire Rubber Company was founded in 1898 and is headquartered in Akron, Ohio. GOODYEAR TIRE operates under Rubber Plastics classification in Germany and is traded on Frankfurt Stock Exchange. It employs 64000 people.Things to note about Goodyear Tire performance evaluation
Checking the ongoing alerts about Goodyear Tire for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Goodyear Tire help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Goodyear Tire had very high historical volatility over the last 90 days | |
| Goodyear Tire has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 82.0% of the company shares are owned by institutional investors |
- Analyzing Goodyear Tire's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Goodyear Tire's stock is overvalued or undervalued compared to its peers.
- Examining Goodyear Tire's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Goodyear Tire's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Goodyear Tire's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Goodyear Tire's stock. These opinions can provide insight into Goodyear Tire's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary 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.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |