GT Stock | | | USD 10.03 0.04 0.40% |
Goodyear Tire financial indicator trend analysis is much more than just examining Goodyear Tire Rubber latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goodyear Tire Rubber is a good investment. Please check the relationship between Goodyear Tire Dividends Paid and its Change In Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodyear Tire Rubber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Dividends Paid vs Change In Cash
Dividends Paid vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Goodyear Tire Rubber Dividends Paid account and
Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Goodyear Tire's Dividends Paid and Change In Cash is -0.18. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Goodyear Tire Rubber, assuming nothing else is changed. The correlation between historical values of Goodyear Tire's Dividends Paid and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Goodyear Tire Rubber are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Dividends Paid i.e., Goodyear Tire's Dividends Paid and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Change In Cash
Most indicators from Goodyear Tire's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goodyear Tire Rubber current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodyear Tire Rubber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Issuance Of Capital Stock is likely to gain to about 10.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.7
B in 2024.
Goodyear Tire fundamental ratios Correlations
Click cells to compare fundamentals
Goodyear Tire Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Goodyear Tire fundamental ratios Accounts
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Additional Tools for Goodyear Stock Analysis
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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
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