Goodyear Tire Rubber Stock Performance
| GT Stock | USD 12.24 0.10 0.81% |
The company retains a Market Volatility (i.e., Beta) of 2.71, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Goodyear Tire will likely underperform. Goodyear Tire Rubber has an expected return of -0.12%. Please make sure to check out Goodyear Tire total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Goodyear Tire Rubber performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Goodyear Tire Rubber has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
Actual Historical Performance (%)
One Day Return (0.81) | Five Day Return 2.43 | Year To Date Return (13.86) | Ten Year Return (51.49) | All Time Return 10.02 |
Last Split Factor 2:1 | Dividend Date 2020-03-02 | Ex Dividend Date 2020-01-31 | Last Split Date 1993-05-05 |
1 | Ask Lisa Designer prices are ridiculous where can I find a pair of party shoes for less | 04/08/2024 |
2 | Gavin Williams, pleased with start, awaiting marching orders Guardians takeaways | 04/23/2024 |
3 | BRUNT Workwear Expands Product Line with Marin Welted and Mulder Welted Boot Releases | 04/25/2024 |
4 | Goodyear launches a new EV tire but are EV tires worth it | 04/26/2024 |
5 | Wild West Childrens Dentistry Expands Reach to Nine Locations in Arizona, Offering Exceptional Care for All Ages and Needs | 04/29/2024 |
6 | AI, Machine Learning Are the New Battleground for API Exploits, According to New Wallarm Report | 04/30/2024 |
7 | GTs Living Foods Launches First-Ever Fan-Created Innovation | 05/01/2024 |
8 | Elliptic Labs Launching on Transsions Infinix GT 20 Pro Smartphone | 05/02/2024 |
| Begin Period Cash Flow | 1.3 B |
Goodyear |
Goodyear Tire Relative Risk vs. Return Landscape
If you would invest 1,349 in Goodyear Tire Rubber on February 5, 2024 and sell it today you would lose (125.00) from holding Goodyear Tire Rubber or give up 9.27% of portfolio value over 90 days. Goodyear Tire Rubber is generating negative expected returns and assumes 2.6345% volatility on return distribution over the 90 days horizon. Put differently, 23% of stocks are less risky than Goodyear on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 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 = -0.0439
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GT |
Estimated Market Risk
| 2.63 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 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 | -0.13 | ||||
| Return On Asset | 0.0152 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 11.39 B | ||||
| Shares Outstanding | 284.15 M | ||||
| Price To Earning | 3.22 X | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 0.17 X | ||||
| Revenue | 20.07 B | ||||
| Gross Profit | 3.88 B | ||||
| EBITDA | 1.57 B | ||||
| Net Income | (687 M) | ||||
| Cash And Equivalents | 1.25 B | ||||
| Cash Per Share | 4.41 X | ||||
| Total Debt | 8.65 B | ||||
| Debt To Equity | 1.77 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 16.45 X | ||||
| Cash Flow From Operations | 1.03 B | ||||
| Earnings Per Share | (2.42) X | ||||
| Market Capitalization | 3.48 B | ||||
| Total Asset | 21.58 B | ||||
| Retained Earnings | 5.09 B | ||||
| Working Capital | 503 M | ||||
| Current Asset | 5.18 B | ||||
| Current Liabilities | 3.95 B | ||||
About Goodyear Tire Performance
To evaluate Goodyear Tire Rubber Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Goodyear Tire generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Goodyear Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Goodyear Tire Rubber market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Goodyear's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 81.52 | 59.51 | |
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.15) | (0.14) |
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 generated a negative expected return over the last 90 days | |
| The company generated the yearly revenue of 20.07 B. Annual Net Loss to common stockholders was (687 M) with gross profit of 3.88 B. | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Elliptic Labs Launching on Transsions Infinix GT 20 Pro Smartphone |
- 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.
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |
Is Goodyear Tire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goodyear Tire. If investors know Goodyear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goodyear Tire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Earnings Share (2.42) | Revenue Per Share 70.407 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0152 |
The market value of Goodyear Tire Rubber is measured differently than its book value, which is the value of Goodyear that is recorded on the company's balance sheet. Investors also form their own opinion of Goodyear Tire's value that differs from its market value or its book value, called intrinsic value, which is Goodyear Tire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goodyear Tire's market value can be influenced by many factors that don't directly affect Goodyear Tire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goodyear Tire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodyear Tire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodyear Tire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.