A pioneer move for Electric Commercial Vehicles Garrett and SinoTruk sign Letter of Intent to bring leading high-speed electrified powertrain to E-trucks
GTX Stock | USD 8.48 0.11 1.31% |
Slightly above 60% of all Garrett Motion's investors are looking to take a long position. The analysis of overall sentiment of trading Garrett Motion stock suggests that some investors are interested at this time. Garrett Motion's investing sentiment can be driven by a variety of factors including economic data, Garrett Motion's earnings reports, geopolitical events, and overall market trends.
Garrett |
ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 17, 2024 -- Garrett Motion Inc. and China National Heavy Duty Truck Group Co., Ltd. signed a Letter of Intent to enhance cooperation in advanced technologies for electric commercial vehicles, aiming to jointly develop leading next-generation E-powertrain for application in SinoTruks product portfolio, with the aim of joining forces to start mass production of trucks equipped with this next gen E-powertrai
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Garrett Motion Current Investor Sentiment
Panic Vs Confidence
60
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 Garrett Motion'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 Garrett Motion.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentWaiting |
Garrett Motion Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Garrett Motion 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.
Garrett Motion Historical Investor Sentiment
Investor biases related to Garrett Motion's public news can be used to forecast risks associated with an investment in Garrett. The trend in average sentiment can be used to explain how an investor holding Garrett can time the market purely based on public headlines and social activities around Garrett Motion. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Garrett Motion'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 Garrett Motion 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 Garrett Motion news discussions. The higher the estimate score, the more favorable the investor's outlook on Garrett Motion.
Garrett Motion Fundamental Analysis
We analyze Garrett Motion's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Garrett Motion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Garrett Motion 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Garrett Motion is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Garrett Motion 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 Garrett Motion stock to make a market-neutral strategy. Peer analysis of Garrett Motion could also be used in its relative valuation, which is a method of valuing Garrett Motion by comparing valuation metrics with similar companies.
Peers
Garrett Motion Related Equities
ASIX | AdvanSix | 2.69 | ||||
REZI | Resideo Technologies | 0.15 | ||||
INVA | Innoviva | 0.31 | ||||
PRDO | Perdoceo Education | 0.65 | ||||
EAF | GrafTech International | 3.45 |
Additional Tools for Garrett Stock Analysis
When running Garrett Motion's price analysis, check to measure Garrett Motion'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 Garrett Motion is operating at the current time. Most of Garrett Motion's value examination focuses on studying past and present price action to predict the probability of Garrett Motion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garrett Motion's price. Additionally, you may evaluate how the addition of Garrett Motion to your portfolios can decrease your overall portfolio volatility.