Goodyear Lastikleri (Turkey) Today
| GOODY Stock | TRY 20.36 0.14 0.68% |
Performance4 of 100
| Odds Of DistressLess than 10
|
Goodyear Lastikleri is trading at 20.36 as of the 16th of April 2024. This is a -0.68 percent decrease since the beginning of the trading day. The stock's open price was 20.5. Goodyear Lastikleri has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Goodyear Lastikleri TAS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Goodyear Lastikleri T.A.S. develops, produces, distributes, and sells tires and tire related products under the Goodyear, Fulda, Sava, and Debica brands worldwide. Goodyear Lastikleri T.A.S. is a subsidiary of The Goodyear Tire Rubber Company. GOOD YEAR operates under Auto Parts classification in Turkey and is traded on Istanbul Stock Exchange. The company has 270 M outstanding shares. More on Goodyear Lastikleri TAS
Moving together with Goodyear Stock
| 0.67 | EGEEN | Ege Endustri ve | PairCorr |
| 0.75 | BFREN | Bosch Fren Sistemleri Split | PairCorr |
| 0.62 | EREGL | Eregli Demir ve | PairCorr |
| 0.69 | ISDMR | Iskenderun Demir | PairCorr |
Follow Valuation Odds of Bankruptcy
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Goodyear Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Goodyear Lastikleri's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Goodyear Lastikleri or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Dominikus Golsong |
| Business Concentration | Consumer Discretionary, Auto Components, Auto Parts, Consumer Cyclical (View all Sectors) |
Goodyear Lastikleri TAS (GOODY) is traded on Istanbul Stock Exchange in Turkey and employs 1,555 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goodyear Lastikleri's market, we take the total number of its shares issued and multiply it by Goodyear Lastikleri'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. Goodyear Lastikleri TAS operates under Auto Components sector and is part of Consumer Discretionary industry. The entity has 270 M outstanding shares.
Goodyear Lastikleri TAS has accumulated about 36.11 M in cash with 90.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Check Goodyear Lastikleri Probability Of Bankruptcy
Ownership AllocationGoodyear Lastikleri secures a total of 270 Million outstanding shares. Goodyear Lastikleri retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 74.0 (percent) of Goodyear Lastikleri outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Goodyear Ownership Details
Goodyear Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Goodyear Lastikleri jumping above the current price in 90 days from now is about 71.83%. The Goodyear Lastikleri TAS probability density function shows the probability of Goodyear Lastikleri stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Goodyear Lastikleri TAS has a beta of -0.4387. This usually indicates as returns on the benchmark increase, returns on holding Goodyear Lastikleri are expected to decrease at a much lower rate. During a bear market, however, Goodyear Lastikleri TAS is likely to outperform the market. Additionally, goodyear Lastikleri TAS has an alpha of 0.2373, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Goodyear Lastikleri to move above the current price in 90 days from now is about 71.83 (This Goodyear Lastikleri TAS probability density function shows the probability of Goodyear Stock to fall within a particular range of prices over 90 days) .
Goodyear Lastikleri TAS Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Goodyear Lastikleri market risk premium is the additional return an investor will receive from holding Goodyear Lastikleri long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Goodyear Lastikleri. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Goodyear Lastikleri's alpha and beta are two of the key measurements used to evaluate Goodyear Lastikleri's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.08 | |||
| Semi Deviation | 2.47 | |||
| Standard Deviation | 2.77 | |||
| Variance | 7.66 |
Goodyear Stock Against Markets
Picking the right benchmark for Goodyear Lastikleri stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Goodyear Lastikleri stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Goodyear Lastikleri is critical whether you are bullish or bearish towards Goodyear Lastikleri TAS at a given time. Please also check how Goodyear Lastikleri's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Goodyear Lastikleri without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Goodyear Lastikleri Corporate Directors
Goodyear Lastikleri corporate directors refer to members of a Goodyear Lastikleri board of directors. The board of directors generally takes responsibility for the Goodyear Lastikleri's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Goodyear Lastikleri's board members must vote for the resolution. The Goodyear Lastikleri board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ajda Ayvat | Director of Human Resources | Profile | |
| Alberto Goenechea | Director of Commercial Tires | Profile | |
| Mehmet Artan | Supply Chain Director | Profile | |
| Mahmut Sarioglu | Member of the Board - Consumer Tires Director | Profile |
How to buy Goodyear Stock?
Before investing in Goodyear Lastikleri, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Goodyear Lastikleri. To buy Goodyear Lastikleri stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Goodyear Lastikleri. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Goodyear Lastikleri stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Goodyear Lastikleri TAS stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Goodyear Lastikleri TAS stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Goodyear Lastikleri TAS, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Goodyear Lastikleri TAS?
The danger of trading Goodyear Lastikleri TAS is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Goodyear Lastikleri is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Goodyear Lastikleri. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Goodyear Lastikleri TAS is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodyear Lastikleri TAS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Goodyear Stock analysis
When running Goodyear Lastikleri's price analysis, check to measure Goodyear Lastikleri'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 Lastikleri is operating at the current time. Most of Goodyear Lastikleri's value examination focuses on studying past and present price action to predict the probability of Goodyear Lastikleri'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 Lastikleri's price. Additionally, you may evaluate how the addition of Goodyear Lastikleri to your portfolios can decrease your overall portfolio volatility.
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