Goodyear Public (Thailand) Analysis

GYT Stock  THB 175.00  6.00  3.55%   
Goodyear Public is overvalued with Real Value of 110.25 and Hype Value of 175.0. The main objective of Goodyear Public stock analysis is to determine its intrinsic value, which is an estimate of what Goodyear Public is worth, separate from its market price. There are two main types of Goodyear Public's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Goodyear Public'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 Public's stock to identify patterns and trends that may indicate its future price movements.
The Goodyear Public stock is traded in Thailand on Thailand Exchange, with the market opening at 10:00:00 and closing at 16:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Thailand.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodyear Public. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Goodyear Stock Analysis Notes

About 82.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.38. Some equities with similar Price to Book (P/B) outperform the market in the long run. Goodyear Public has Price/Earnings (P/E) ratio of 106.05. The entity recorded a loss per share of 5.8. The firm last dividend was issued on the 8th of May 2019. Goodyear Public had 2:1 split on the 29th of December 1995. Goodyear Public Company Limited manufactures, distributes, and sells motor vehicle and aero tires in Thailand. Goodyear Public Company Limited is a subsidiary of The Goodyear Tire Rubber Company. GOODYEAR PUBLIC operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand. To learn more about Goodyear Public call the company at 66 2 909 8080 or check out https://www.goodyear.co.th.

Goodyear Public Investment Alerts

Goodyear Public is way too risky over 90 days horizon
Goodyear Public appears to be risky and price may revert if volatility continues
Goodyear Public has accumulated 218.01 M in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Goodyear Public has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Goodyear Public until it has trouble settling it off, either with new capital or with free cash flow. So, Goodyear Public's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goodyear Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goodyear to invest in growth at high rates of return. When we think about Goodyear Public's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 4.09 B. Net Loss for the year was (32.5 M) with profit before overhead, payroll, taxes, and interest of 515.35 M.
About 82.0% of Goodyear Public shares are held by company insiders

Goodyear Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goodyear Public's market, we take the total number of its shares issued and multiply it by Goodyear Public'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 4th of December, Goodyear Public retains the Risk Adjusted Performance of 0.1044, downside deviation of 1.79, and Market Risk Adjusted Performance of (0.41). Goodyear Public 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 Public Price Movement Analysis

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The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Goodyear Public middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Goodyear Public. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Goodyear Public Outstanding Bonds

Goodyear Public 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 Public 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 Public 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 Public Predictive Daily Indicators

Goodyear Public 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 Public 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 Public Forecast Models

Goodyear Public's time-series forecasting models are one of many Goodyear Public'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 Public'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.

About Goodyear Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Goodyear Public prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Goodyear shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Goodyear Public. By using and applying Goodyear Stock analysis, traders can create a robust methodology for identifying Goodyear entry and exit points for their positions.
Goodyear Public Company Limited manufactures, distributes, and sells motor vehicle and aero tires in Thailand. Goodyear Public Company Limited is a subsidiary of The Goodyear Tire Rubber Company. GOODYEAR PUBLIC operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.

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Fundamental Analysis

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Other Information on Investing in Goodyear Stock

Goodyear Public financial ratios help investors to determine whether Goodyear Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goodyear with respect to the benefits of owning Goodyear Public security.