Goodyear Tire (Germany) Analysis

GTR Stock   9.97  0.01  0.10%   
Goodyear Tire Rubber is fairly valued with Real Value of 10.12 and Hype Value of 9.97. The main objective of Goodyear Tire stock analysis is to determine its intrinsic value, which is an estimate of what Goodyear Tire Rubber is worth, separate from its market price. There are two main types of Goodyear Tire's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Goodyear Tire's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Goodyear Tire's stock to identify patterns and trends that may indicate its future price movements.
The Goodyear Tire stock is traded in Germany on Stuttgart Exchange, with the market opening at 08:00:00 and closing at 22:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. Goodyear Tire is usually not traded on GermanUnityDay, Christmas Day, Boxing Day, New Year 's Day, Good Friday, Easter Monday, International Workers ' Day. Goodyear Stock trading window is adjusted to Europe/Berlin timezone.
  
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 state.

Goodyear Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.6. Some equities with similar Price to Book (P/B) outperform the market in the long run. Goodyear Tire Rubber had not issued any dividends in recent years.

Goodyear Tire Thematic Classifications

In addition to having Goodyear Tire stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Plastics Idea
Plastics
Rubber and plastics accessories

Goodyear Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goodyear Tire's market, we take the total number of its shares issued and multiply it by Goodyear Tire's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 1st of December, Goodyear Tire retains the Market Risk Adjusted Performance of 1.27, risk adjusted performance of 0.1207, and Downside Deviation of 2.14. Goodyear Tire technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Goodyear Tire Rubber Price Movement Analysis

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Goodyear Tire Outstanding Bonds

Goodyear Tire issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Goodyear Tire Rubber uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Goodyear bonds can be classified according to their maturity, which is the date when Goodyear Tire Rubber has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Goodyear Tire Predictive Daily Indicators

Goodyear Tire intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Goodyear Tire stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Goodyear Tire Forecast Models

Goodyear Tire's time-series forecasting models are one of many Goodyear Tire's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Goodyear Tire's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Goodyear Tire to your portfolios without increasing risk or reducing expected return.

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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.