Goodyear Tire Rubber Stock Price on December 28, 2024

GT Stock  USD 8.85  0.05  0.56%   
Below is the normalized historical share price chart for Goodyear Tire Rubber extending back to January 02, 1962. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Goodyear Tire stands at 8.85, as last reported on the 28th of December, with the highest price reaching 9.08 and the lowest price hitting 8.73 during the day.
IPO Date
2nd of January 1970
200 Day MA
10.4604
50 Day MA
9.2868
Beta
1.699
 
Embargo
 
Inflation
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Goodyear Stock, it is important to understand the factors that can impact its price. Currently, Goodyear Tire Rubber is somewhat reliable. Goodyear Tire Rubber holds Efficiency (Sharpe) Ratio of 0.0154, which attests that the entity had a 0.0154% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Goodyear Tire Rubber, which you can use to evaluate the volatility of the firm. Please check out Goodyear Tire's Risk Adjusted Performance of 0.057, downside deviation of 2.93, and Market Risk Adjusted Performance of 0.1547 to validate if the risk estimate we provide is consistent with the expected return of 0.0491%.
  
At this time, Goodyear Tire's Common Stock is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 10.9 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.8 B in 2024. . At this time, Goodyear Tire's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.02 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (238.07) in 2024. Goodyear Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0154

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Estimated Market Risk

 3.19
  actual daily
28
72% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Goodyear Tire is performing at about 1% of its full potential. 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 it to a well-diversified portfolio.
Price Book
0.5344
Enterprise Value Ebitda
8.8225
Price Sales
0.1331
Shares Float
262.6 M
Wall Street Target Price
11.9333

Goodyear Tire Main Headline on 27th of December 2024

CES 2025 is coming to Las Vegas during the week of January 5, and it will be one of the biggest tech expos in the world again.

Goodyear Tire Valuation on December 28, 2024

It is possible to determine the worth of Goodyear Tire on a given historical date. On December 28, 2024 Goodyear was worth 8.85 at the beginning of the trading date compared to the closed value of 8.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goodyear Tire stock. Still, in general, we apply an absolute valuation method to find Goodyear Tire's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Goodyear Tire where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goodyear Tire's related companies.
 Open High Low Close Volume
  8.76    9.02    8.68    8.90    4,133,334  
12/27/2024
  8.85    9.08    8.73    8.85    3,490,965  
Backtest Goodyear Tire  |  Goodyear Tire History  |  Goodyear Tire Valuation   Previous
Open Value
8.85
8.85
Closing Value
18.42
Upside

Goodyear Tire Trading Date Momentum on December 28, 2024

On December 27 2024 Goodyear Tire Rubber was traded for  8.85  at the closing time. The highest price during the trading period was 9.08  and the lowest recorded bid was listed for  8.73 . The volume for the day was 3.5 M. This history from December 27, 2024 did not cause price change. The overall trading delta to the current price is 0.00% .

Goodyear Tire Rubber Fundamentals Correlations and Trends

By evaluating Goodyear Tire's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Goodyear Tire's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goodyear financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Goodyear Tire Stock history

Goodyear Tire investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Goodyear is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goodyear Tire Rubber will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Goodyear Tire stock prices may prove useful in developing a viable investing in Goodyear Tire
Last ReportedProjected for Next Year
Common Stock Shares Outstanding285 M218.9 M
Net Income Applicable To Common Shares232.3 M380.3 M

Goodyear Tire Quarterly Net Working Capital

495 Million

Goodyear Tire Stock Technical Analysis

Goodyear Tire technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Goodyear Tire technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goodyear Tire trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Goodyear Tire Period Price Range

Low
December 28, 2024
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High

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Goodyear Tire Rubber cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Goodyear Tire December 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Goodyear Tire stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goodyear Tire shares will generate the highest return on investment. By undertsting and applying Goodyear Tire stock market strength indicators, traders can identify Goodyear Tire Rubber entry and exit signals to maximize returns

Goodyear Tire Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Goodyear Tire's price direction in advance. Along with the technical and fundamental analysis of Goodyear Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goodyear to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.