General Motors Stock Price on December 6, 2024
GM Stock | USD 51.15 1.09 2.09% |
Below is the normalized historical share price chart for General Motors extending back to November 17, 2010. 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 GM stands at 51.15, as last reported on the 18th of December 2024, with the highest price reaching 51.93 and the lowest price hitting 51.13 during the day.
If you're considering investing in GM Stock, it is important to understand the factors that can impact its price. As of now, GM Stock is very steady. General Motors holds Efficiency (Sharpe) Ratio of 0.0465, which attests that the entity had a 0.0465% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for General Motors, which you can use to evaluate the volatility of the firm. Please check out GM's Market Risk Adjusted Performance of 0.1325, downside deviation of 2.44, and Risk Adjusted Performance of 0.0567 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, GM's Common Stock Shares Outstanding is very stable compared to the past year. As of the 18th of December 2024, Other Stockholder Equity is likely to grow to about 27.3 B, while Common Stock is likely to drop about 11.4 M. . At this time, GM's Price Book Value Ratio is very stable compared to the past year. As of the 18th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 2.76, while Price Earnings Ratio is likely to drop 4.05. GM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of November 2010 | 200 Day MA 47.0752 | 50 Day MA 52.804 | Beta 1.414 |
GM |
Sharpe Ratio = 0.0465
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Estimated Market Risk
2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average GM is performing at about 3% 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 GM by adding it to a well-diversified portfolio.
Price Book 0.8098 | Enterprise Value Ebitda 6.0334 | Price Sales 0.3144 | Shares Float 1.1 B | Dividend Share 0.45 |
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GM Valuation on December 6, 2024
It is possible to determine the worth of GM on a given historical date. On December 6, 2024 GM was worth 53.71 at the beginning of the trading date compared to the closed value of 53.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GM stock. Still, in general, we apply an absolute valuation method to find GM'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 GM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GM's related companies.
Open | High | Low | Close | Volume | |
53.49 | 53.79 | 52.89 | 53.27 | 10,017,900 | |
12/06/2024 | 53.71 | 53.89 | 53.01 | 53.41 | 8,623,388 |
54.00 | 54.46 | 52.66 | 52.71 | 7,731,371 |
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GM Trading Date Momentum on December 6, 2024
On December 09 2024 General Motors was traded for 52.71 at the closing time. The highest price during the trading period was 54.46 and the lowest recorded bid was listed for 52.66 . The volume for the day was 7.7 M. This history from December 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.31% . The overall trading delta to the current price is 2.55% . |
General Motors Fundamentals Correlations and Trends
By evaluating GM'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 GM's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GM Stock history
GM 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 GM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in General Motors 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 GM stock prices may prove useful in developing a viable investing in GM
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 1.4 B | 1.5 B | |
Net Income Applicable To Common Shares | 8 B | 8.8 B |
GM Quarterly Net Working Capital |
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GM Stock Technical Analysis
GM 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.
Price Boundaries
GM Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
General Motors cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
GM December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how GM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GM shares will generate the highest return on investment. By undertsting and applying GM stock market strength indicators, traders can identify General Motors entry and exit signals to maximize returns
GM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GM's price direction in advance. Along with the technical and fundamental analysis of GM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GM 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.
Risk Adjusted Performance | 0.0567 | |||
Jensen Alpha | 0.0816 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | 0.0396 | |||
Treynor Ratio | 0.1225 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Motors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Automobile Manufacturers space 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 GM. If investors know GM 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 GM 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 0.218 | Dividend Share 0.45 | Earnings Share 9.37 | Revenue Per Share 155.11 | Quarterly Revenue Growth 0.105 |
The market value of General Motors is measured differently than its book value, which is the value of GM that is recorded on the company's balance sheet. Investors also form their own opinion of GM's value that differs from its market value or its book value, called intrinsic value, which is GM'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 GM's market value can be influenced by many factors that don't directly affect GM'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 GM's value and its price as these two are different measures arrived at by different means. Investors typically determine if GM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GM'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.