Q2 2024 EPS Estimates for The Goodyear Tire Rubber Company Reduced by Zacks Research - Defense World
| GTR Stock | EUR 8.19 0.30 3.53% |
Roughly 61% of Goodyear Tire's investor base is looking to short. The analysis of current outlook of investing in The Goodyear Tire suggests that many traders are alarmed regarding Goodyear Tire's prospects. The current market sentiment, together with Goodyear Tire's historical and current headlines, can help investors time the market. In addition, many technical investors use Goodyear Tire stock news signals to limit their universe of possible portfolio assets.
Goodyear Tire stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Goodyear daily returns and investor perception about the current price of The Goodyear Tire as well as its diversification or hedging effects on your existing portfolios.
Goodyear |
Q2 2024 EPS Estimates for The Goodyear Tire Rubber Company Reduced by Zacks Research Defense World
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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.
Five Year Return
Five Year Return Comparative Analysis
Goodyear Tire is rated below average in five year return category among its peers. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Goodyear Tire 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
| 108 | Sumitomo Rubber | 0.95 | ||||
| 6DA | Advanced Drainage | 0.55 | ||||
| SEW | Semperit Aktiengesellscha | 0.34 | ||||
| NRE | Nokian Renkaat | 0.56 | ||||
| NZE | Zeon | 0.57 | ||||
| BGT | Bridgestone | 1.08 | ||||
| PKW | Polyplex (Thailand) | 3.13 | ||||
| GTR | Goodyear Tire | 3.53 | ||||
| HOF | Essentra Plc | 4.97 |
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.
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