Goodyear Tire (Germany) Buy Hold or Sell Recommendation
| GTR Stock | 9.97 0.01 0.10% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Goodyear Tire Rubber is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Goodyear Tire Rubber given historical horizon and risk tolerance towards Goodyear Tire. When Macroaxis issues a 'buy' or 'sell' recommendation for Goodyear Tire Rubber, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Goodyear Tire Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Goodyear and provide practical buy, sell, or hold advice based on investors' constraints. 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 |
Execute Goodyear Tire Buy or Sell Advice
The Goodyear recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Goodyear Tire Rubber. Macroaxis does not own or have any residual interests in Goodyear Tire Rubber or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Goodyear Tire's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Goodyear Tire thematic classifications
 | PlasticsRubber and plastics accessories |
Goodyear Tire Returns Distribution Density
The distribution of Goodyear Tire's historical returns is an attempt to chart the uncertainty of Goodyear Tire's future price movements. The chart of the probability distribution of Goodyear Tire daily returns describes the distribution of returns around its average expected value. We use Goodyear Tire Rubber price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Goodyear Tire returns is essential to provide solid investment advice for Goodyear Tire.
| Mean Return | 0.42 | Value At Risk | -2.67 | Potential Upside | 6.12 | Standard Deviation | 2.82 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Goodyear Tire historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Goodyear Tire Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Goodyear Tire or Plastics sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Goodyear Tire's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Goodyear stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 2.82 | |
Ir | Information ratio | 0.1 |
Goodyear Tire Volatility Alert
Goodyear Tire Rubber currently demonstrates below-average downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.37. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Goodyear Tire's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Goodyear Tire's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Goodyear Tire Fundamentals Vs Peers
Comparing Goodyear Tire's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Goodyear Tire's direct or indirect competition across all of the common fundamentals between Goodyear Tire and the related equities. This way, we can detect undervalued stocks with similar characteristics as Goodyear Tire or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Goodyear Tire's fundamental indicators could also be used in its relative valuation, which is a method of valuing Goodyear Tire by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Goodyear Tire to competition |
| Fundamentals | Goodyear Tire | Peer Average |
| Current Valuation | 10.91 B | 16.62 B |
| Price To Book | 0.60 X | 9.51 X |
| Price To Sales | 0.15 X | 11.42 X |
| Revenue | 20.8 B | 9.43 B |
| EBITDA | 1.81 B | 3.9 B |
| Net Income | 202 M | 570.98 M |
| Total Debt | 7.27 B | 5.32 B |
| Cash Flow From Operations | 521 M | 971.22 M |
| Market Capitalization | 5.48 B | 19.03 B |
| Total Asset | 22.43 B | 29.47 B |
| Annual Yield | 0.03 % | |
| Net Asset | 22.43 B |
Goodyear Tire Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Goodyear . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.97 | |||
| Day Typical Price | 9.97 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
About Goodyear Tire Buy or Sell Advice
When is the right time to buy or sell Goodyear Tire Rubber? Buying financial instruments such as Goodyear Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.