Goodyear Tire (Mexico) Performance
| GT Stock | MXN 200.99 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of -0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Goodyear Tire are expected to decrease at a much lower rate. During the bear market, Goodyear Tire is likely to outperform the market. At this point, Goodyear Tire has a negative expected return of -0.0823%. Please make sure to check out Goodyear Tire's mean deviation, jensen alpha, as well as the relationship between the Jensen Alpha and kurtosis , to decide if Goodyear Tire performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days The Goodyear Tire has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong primary indicators, Goodyear Tire is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 1.6 B | |
| Total Cashflows From Investing Activities | -2.8 B |
Goodyear |
Goodyear Tire Relative Risk vs. Return Landscape
If you would invest 21,700 in The Goodyear Tire on December 4, 2024 and sell it today you would lose (1,601) from holding The Goodyear Tire or give up 7.38% of portfolio value over 90 days. The Goodyear Tire is currently producing negative expected returns and takes up 3.1329% volatility of returns over 90 trading days. Put another way, 27% of traded stocks are less volatile than Goodyear, and 99% of all traded equity instruments are likely to generate higher returns 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 The Goodyear Tire, 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 = -0.0263
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| Negative Returns | GT |
Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Goodyear Tire is not performing at its full potential. However, 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 Goodyear Tire 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.
| Return On Equity | 0.0393 | |||
| Return On Asset | 0.0309 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 228.5 B | |||
| Shares Outstanding | 283 M | |||
| Price To Earning | 138.14 X | |||
| Price To Book | 0.59 X | |||
| Price To Sales | 2.93 X | |||
| Revenue | 17.48 B | |||
| EBITDA | 1.78 B | |||
| Cash And Equivalents | 917 M | |||
| Cash Per Share | 3.94 X | |||
| Total Debt | 6.65 B | |||
| Debt To Equity | 150.50 % | |||
| Book Value Per Share | 18.73 X | |||
| Cash Flow From Operations | 1.06 B | |||
| Earnings Per Share | 57.35 X | |||
| Total Asset | 21.4 B | |||
About Goodyear Tire Performance
Evaluating Goodyear Tire's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Goodyear Tire has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Goodyear Tire has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The Goodyear Tire Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. The Goodyear Tire Rubber Company was founded in 1898 and is headquartered in Akron, Ohio. GOODYEAR TIRE operates under Rubber Plastics classification in Mexico and is traded on Mexico Stock Exchange. It employs 64000 people.Things to note about Goodyear Tire 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 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Goodyear Tire generated a negative expected return over the last 90 days | |
| Goodyear Tire has high historical volatility and very poor performance | |
| Goodyear Tire has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 83.0% of the company shares are owned by institutional investors |
- 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.