BANFs smart tires for trucks promise to save fuel and lives
GT Stock | USD 10.13 0.42 4.33% |
Slightly above 54% of Goodyear Tire's private investors are presently thinking to get in. The analysis of overall sentiment of trading Goodyear Tire Rubber stock suggests that some investors are interested at this time. Goodyear Tire's investing sentiment can be driven by a variety of factors including economic data, Goodyear Tire's earnings reports, geopolitical events, and overall market trends.
Goodyear |
Tire health has a huge impact on a trucks fuel efficiency and safety on the road. And yet, with all of the arguably sexier solutions out there
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Goodyear Tire Rubber Current Investor Sentiment
Panic Vs Confidence
54
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Goodyear Tire's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Goodyear Tire Rubber.
News SentimentNeutral | Hype SentimentBullish | Insider SentimentWaiting |
Goodyear Tire Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Goodyear Tire can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Goodyear Tire Rubber Historical Investor Sentiment
Investor biases related to Goodyear Tire's public news can be used to forecast risks associated with an investment in Goodyear. The trend in average sentiment can be used to explain how an investor holding Goodyear can time the market purely based on public headlines and social activities around Goodyear Tire Rubber. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Goodyear Tire's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Goodyear Tire and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Goodyear Tire news discussions. The higher the estimate score, the more favorable the investor's outlook on Goodyear Tire.
Goodyear Tire Fundamental Analysis
We analyze Goodyear Tire's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goodyear Tire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goodyear Tire based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
Goodyear Tire is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Goodyear Tire Rubber Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Goodyear Tire stock to make a market-neutral strategy. Peer analysis of Goodyear Tire could also be used in its relative valuation, which is a method of valuing Goodyear Tire by comparing valuation metrics with similar companies.
Peers
Goodyear Tire Related Equities
APTV | Aptiv PLC | 5.06 | ||||
AXL | American Axle | 4.60 | ||||
DAN | Dana | 3.98 | ||||
LKQ | LKQ | 3.27 | ||||
ADNT | Adient PLC | 3.21 | ||||
LEA | Lear | 3.16 | ||||
BWA | BorgWarner | 3.11 | ||||
MGA | Magna International | 3.06 | ||||
FOXF | Fox Factory | 2.96 | ||||
CVGI | Commercial Vehicle | 2.89 | ||||
ALV | Autoliv | 2.71 | ||||
SRI | Stoneridge | 2.57 | ||||
GNTX | Gentex | 2.24 | ||||
DORM | Dorman Products | 1.61 | ||||
ALSN | Allison Transmission | 0.38 |
Additional 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.