General Mills Stock Market Value

GIS Stock  USD 69.97  0.31  0.45%   
General Mills' market value is the price at which a share of General Mills trades on a public exchange. It measures the collective expectations of General Mills investors about its performance. General Mills is selling for under 69.97 as of the 29th of March 2024; that is 0.45 percent increase since the beginning of the trading day. The stock's lowest day price was 69.82.
With this module, you can estimate the performance of a buy and hold strategy of General Mills and determine expected loss or profit from investing in General Mills over a given investment horizon. Check out General Mills Correlation, General Mills Volatility and General Mills Alpha and Beta module to complement your research on General Mills.
For more information on how to buy General Stock please use our How to Invest in General Mills guide.
Symbol

General Mills Price To Book Ratio

Is General Mills' industry 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
0.272
Dividend Share
2.31
Earnings Share
4.38
Revenue Per Share
34.686
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.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in General Mills on February 28, 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 30 days. General Mills is related to or competes with Natural Alternatives, Natures Sunshine, Nocera, Borealis Foods, Central Garden, and Nuzee. 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of General Mills' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
68.7969.9771.15
Details
Intrinsic
Valuation
LowRealHigh
66.8868.0676.97
Details
Naive
Forecast
LowNextHigh
68.6269.8070.98
Details
20 Analysts
Consensus
LowTargetHigh
63.5969.8877.57
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as General Mills. Your research has to be compared to or analyzed against General Mills' peers to derive any actionable benefits. When done correctly, General Mills' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in General Mills.

General Mills Backtested Returns

We consider General Mills very steady. General Mills holds Efficiency (Sharpe) Ratio of 0.0858, which attests that the entity had a 0.0858% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for General Mills, which you can use to evaluate the volatility of the firm. Please check out General Mills' Market Risk Adjusted Performance of 0.6272, downside deviation of 1.13, and Risk Adjusted Performance of 0.0748 to validate if the risk estimate we provide is consistent with the expected return of 0.0989%. General Mills has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, General Mills' returns are expected to increase less than the market. However, during the bear market, the loss of holding General Mills is expected to be smaller as well. General Mills right now retains a risk of 1.15%. Please check out General Mills semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if General Mills will be following its current trending patterns.

Auto-correlation

    
  0.59  

Modest predictability

General Mills has modest predictability. Overlapping area represents the amount of predictability between General Mills time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 0.59 indicates that roughly 59.0% of current General Mills price fluctuation can be explain by its past prices.
Correlation Coefficient0.59
Spearman Rank Test0.54
Residual Average0.0
Price Variance1.59

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  

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When determining whether General Mills is a strong investment it is important to analyze General Mills' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact General Mills' future performance. For an informed investment choice regarding General Stock, refer to the following important reports:
Check out General Mills Correlation, General Mills Volatility and General Mills Alpha and Beta module to complement your research on General Mills.
For more information on how to buy General Stock please use our How to Invest in General Mills guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary 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.
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General Mills 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 General Mills technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of General Mills 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...