Goodyear Tire (Germany) Performance
| GTR Stock | 9.07 0.07 0.77% |
On a scale of 0 to 100, Goodyear Tire holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.0381, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Goodyear Tire's returns are expected to increase less than the market. However, during the bear market, the loss of holding Goodyear Tire is expected to be smaller as well. Please check Goodyear Tire's downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Goodyear Tire's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Goodyear Tire Rubber are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively fragile basic indicators, Goodyear Tire unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.2 B | |
| Free Cash Flow | -540 M |
Goodyear |
Goodyear Tire Relative Risk vs. Return Landscape
If you would invest 769.00 in Goodyear Tire Rubber on October 19, 2024 and sell it today you would earn a total of 138.00 from holding Goodyear Tire Rubber or generate 17.95% return on investment over 90 days. Goodyear Tire Rubber is generating 0.3201% of daily returns and assumes 3.0358% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Goodyear, and 94% of all equity instruments are likely to generate higher returns than the company 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 Goodyear Tire Rubber, 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 = 0.1054
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Estimated Market Risk
| 3.04 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Goodyear Tire is performing at about 8% 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.
| Current Valuation | 10.91 B | |||
| Price To Book | 0.60 X | |||
| Price To Sales | 0.15 X | |||
| Revenue | 20.8 B | |||
| EBITDA | 1.81 B | |||
| Total Debt | 7.27 B | |||
| Cash Flow From Operations | 521 M | |||
| Total Asset | 22.43 B | |||
About Goodyear Tire Performance
Assessing Goodyear Tire's fundamental ratios provides investors with valuable insights into Goodyear Tire's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Goodyear Tire is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Goodyear Tire Rubber 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 Rubber help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Goodyear Tire Rubber had very high historical volatility over the last 90 days |
- 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.
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.