General Mills Backtesting

GIS -- USA Stock  

USD 54.39  0.14  0.26%

With this equity back-testing module your 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 given investment horizon. Please also check General Mills Hype Analysis, General Mills Correlation, General Mills Valuation, General Mills Volatility as well as analyze General Mills Alpha and Beta and General Mills Performance.
Horizon     30 Days    Login   to change

General Mills 'What if' Analysis

June 21, 2019
No Change 0.00  0.0%
In 3 months and 1 day
September 19, 2019
If you would invest  0.00  in General Mills on June 21, 2019 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 90 days. General Mills is related to or competes with Freshpet, Kellogg, Farmer Brothers, Campbell Soup, BG Foods, Dean Foods, and Farmmi Inc. General Mills, Inc. manufactures and markets branded consumer foods worldwide

General Mills Upside/Downside Indicators

Downside Deviation1.38
Information Ratio0.0296
Maximum Drawdown6.11
Value At Risk(1.91)
Potential Upside1.77

General Mills Market Premium Indicators

Risk Adjusted Performance0.0575
Jensen Alpha0.0541
Total Risk Alpha0.0252
Sortino Ratio0.0269
Treynor Ratio0.1558

General Mills Backtested Returns

We consider General Mills very steady. General Mills holds Efficiency (Sharpe) Ratio of 0.0322 which attests that the entity had 0.0322% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for General Mills which you can use to evaluate future volatility of the corporation. Please check out General Mills Market Risk Adjusted Performance of 0.1658, Downside Deviation of 1.38 and Risk Adjusted Performance of 0.0575 to validate if risk estimate we provide are consistent with the epected return of 0.0406%. General Mills has performance score of 2 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.4286 which attests that as returns on market increase, General Mills returns are expected to increase less than the market. However during bear market, the loss on holding General Mills will be expected to be smaller as well. Although it is extremely important to respect General Mills current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating General Mills technical indicators you can presently evaluate if the expected return of 0.0406% will be sustainable into the future. General Mills right now retains a risk of 1.2606%. Please check out General Mills Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if General Mills will be following its current trending patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.19 
correlation synergy

Very weak predictability

General Mills has very weak predictability. Overlapping area represents the amount of predictability between General Mills time series from June 21, 2019 to August 5, 2019 and August 5, 2019 to September 19, 2019. 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 0.19 indicates that over 19.0% of current General Mills price fluctuation can be explain by its past prices.
Correlation Coefficient0.19
Spearman Rank Test0.07
Residual Average0.0
Price Variance0.62

General Mills lagged returns against current returns

 Current and Lagged Values 

General Mills regressed lagged prices vs. current prices

 Current vs Lagged Prices 

General Mills Lagged Returns

 Regressed Prices 

Current Sentiment - GIS

General Mills Investor Sentiment

Predominant part of Macroaxis users are currently bullish on General Mills. What is your judgment towards investing in General Mills? Are you bullish or bearish?
98% Bullish
2% Bearish

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Please also check General Mills Hype Analysis, General Mills Correlation, General Mills Valuation, General Mills Volatility as well as analyze General Mills Alpha and Beta and General Mills Performance. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.