General Mills Stock Market Value
| GIS Stock | USD 66.26 0.03 0.05% |
| Symbol | General |
General Mills Price To Book Ratio
Is Packaged Foods & Meats 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 General Mills. If investors know General 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 General Mills 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 (0.1) | Dividend Share 2.37 | Earnings Share 4.2 | Revenue Per Share 34.796 | Quarterly Revenue Growth (0.01) |
The market value of General Mills is measured differently than its book value, which is the value of General that is recorded on the company's balance sheet. Investors also form their own opinion of General Mills' value that differs from its market value or its book value, called intrinsic value, which is General Mills' 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 General Mills' market value can be influenced by many factors that don't directly affect General Mills' 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 General Mills' value and its price as these two are different measures arrived at by different means. Investors typically determine if General Mills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Mills' 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.
General Mills 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to General Mills' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of General Mills.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in General Mills on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding General Mills or generate 0.0% return on investment in General Mills over 180 days. General Mills is related to or competes with Campbell Soup, ConAgra Foods, Hormel Foods, Kellanova, McCormick Company, Lamb Weston, and JM Smucker. General Mills, Inc. manufactures and markets branded consumer foods worldwide More
General Mills Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure General Mills' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess General Mills upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 4.7 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 1.31 |
General Mills Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for General Mills' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General Mills' standard deviation. In reality, there are many statistical measures that can use General Mills historical prices to predict the future General Mills' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.7712 |
General Mills Backtested Returns
General Mills holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. General Mills exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out General Mills' Standard Deviation of 0.9852, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of 0.7812 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning General Mills are expected to decrease at a much lower rate. During the bear market, General Mills is likely to outperform the market. At this point, General Mills has a negative expected return of -0.13%. Please make sure to check out General Mills' potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if General Mills performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
General Mills has almost perfect reverse predictability. Overlapping area represents the amount of predictability between General Mills time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of General Mills price movement. The serial correlation of -0.75 indicates that around 75.0% of current General Mills price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 13.26 |
General Mills lagged returns against current returns
Autocorrelation, which is General Mills stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting General Mills' stock expected returns. We can calculate the autocorrelation of General Mills returns to help us make a trade decision. For example, suppose you find that General Mills has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
General Mills regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If General Mills stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General Mills stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in General Mills stock over time.
Current vs Lagged Prices |
| Timeline |
General Mills Lagged Returns
When evaluating General Mills' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General Mills stock have on its future price. General Mills autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, General Mills autocorrelation shows the relationship between General Mills stock current value and its past values and can show if there is a momentum factor associated with investing in General Mills.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for General Stock Analysis
When running General Mills' price analysis, check to measure General Mills' 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 General Mills is operating at the current time. Most of General Mills' value examination focuses on studying past and present price action to predict the probability of General Mills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Mills' price. Additionally, you may evaluate how the addition of General Mills to your portfolios can decrease your overall portfolio volatility.