General Mills Probability of Target Price Finishing Over 51.65

GIS -- USA Stock  

USD 54.01  0.67  1.23%

General Mills probability of target price tool provides mechanism to make assumptions about upside and downside potential of General Mills performance during a given time horizon utilizing its historical volatility. Please specify General Mills time horizon, a valid symbol (red box) and a target price (blue box) you would like General Mills odds to be computed. Please also check General Mills Backtesting, General Mills Valuation, General Mills Correlation, General Mills Hype Analysis, General Mills Volatility, General Mills History as well as General Mills Performance.
Horizon     30 Days    Login   to change
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General Mills Target Price Odds to finish over 51.65

Current PriceHorizonTarget PriceOdds to stay above $ 51.65  in 30 days
 54.01 30 days 51.65 
CLOSE TO 99%
Based on normal probability distribution, the odds of General Mills to stay above $ 51.65  in 30 days from now is close to 99% (This General Mills probability density function shows the probability of General Mills Stock to fall within a particular range of prices over 30 days) . Probability of General Mills price to stay between $ 51.65  and its current price of $54.01 at the end of the 30-day period is about 70.21%.
Considering 30-days investment horizon, General Mills has beta of 0.4185 . This indicates as returns on market go up, General Mills average returns are expected to increase less than the benchmark. However during bear market, the loss on holding General Mills will be expected to be much smaller as well. Additionally The company has an alpha of 0.0589 implying that it can potentially generate 0.0589% excess return over DOW after adjusting for the inherited market risk (beta).
 General Mills Price Density 
      Price 
α
Alpha over DOW
=0.06
β
Beta against DOW=0.42
σ
Overall volatility
=0.80
Ir
Information ratio =0.07

General Mills Alerts and Suggestions

General Mills has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
The company has 14.49B in debt with debt to equity (D/E) ratio of 182.9 . This implies that the company may be unable to create cash to meet all of its financial commitments. General Mills has Current Ratio of 0.58 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
About 71.0% of General Mills shares are owned by institutional investors

General MillsPrice Density Drivers

Shares Percent Shares Out2.80%
Trailing Annual Dividend Rate1.96
Short Percent Of Float2.83%
Float Shares599.62M
Shares Short Prior Month18.12M
Average Daily Volume Last 10 Day3.27M
Average Daily Volume In Three Month4.21M
Date Short InterestJuly 15, 2019
Trailing Annual Dividend Yield3.64%
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