General Mills (Germany) Probability of Future Stock Price Finishing Under 61.83
| GRM Stock | EUR 63.10 0.11 0.17% |
General |
General Mills Target Price Odds to finish below 61.83
The tendency of General Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to € 61.83 or more in 90 days |
| 63.10 | 90 days | 61.83 | about 13.73 |
Based on a normal probability distribution, the odds of General Mills to drop to € 61.83 or more in 90 days from now is about 13.73 (This General Mills probability density function shows the probability of General Stock to fall within a particular range of prices over 90 days) . Probability of General Mills price to stay between € 61.83 and its current price of €63.1 at the end of the 90-day period is about 17.27 .
Assuming the 90 days horizon General Mills has a beta of -0.14. This usually indicates as returns on the benchmark increase, returns on holding General Mills are expected to decrease at a much lower rate. During a bear market, however, General Mills is likely to outperform the market. Additionally General Mills has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. General Mills Price Density |
| Price |
Predictive Modules for General Mills
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as General Mills. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.General Mills Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. General Mills is not an exception. The market had few large corrections towards the General Mills' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold General Mills, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of General Mills within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 2.14 | |
Ir | Information ratio | -0.15 |
General Mills Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of General Mills for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for General Mills can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| General Mills generated a negative expected return over the last 90 days | |
| General Mills has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| General Mills has accumulated 9.13 B in total debt with debt to equity ratio (D/E) of 182.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. General Mills has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist General Mills until it has trouble settling it off, either with new capital or with free cash flow. So, General Mills' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like General Mills sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for General to invest in growth at high rates of return. When we think about General Mills' use of debt, we should always consider it together with cash and equity. | |
| Over 80.0% of General Mills shares are owned by institutional investors |
General Mills Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of General Stock often depends not only on the future outlook of the current and potential General Mills' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. General Mills' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 602.2 M |
General Mills Technical Analysis
General Mills' future price can be derived by breaking down and analyzing its technical indicators over time. General Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of General Mills. In general, you should focus on analyzing General Stock price patterns and their correlations with different microeconomic environments and drivers.
General Mills Predictive Forecast Models
General Mills' time-series forecasting models is one of many General Mills' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary General Mills' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about General Mills
Checking the ongoing alerts about General Mills for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for General Mills help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| General Mills generated a negative expected return over the last 90 days | |
| General Mills has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| General Mills has accumulated 9.13 B in total debt with debt to equity ratio (D/E) of 182.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. General Mills has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist General Mills until it has trouble settling it off, either with new capital or with free cash flow. So, General Mills' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like General Mills sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for General to invest in growth at high rates of return. When we think about General Mills' use of debt, we should always consider it together with cash and equity. | |
| Over 80.0% of General Mills shares are owned by institutional investors |
Additional Information and Resources on Investing in General Stock
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 Backtesting, General Mills Valuation, General Mills Correlation, General Mills Hype Analysis, General Mills Volatility, General Mills History as well as General Mills Performance. For more detail on how to invest in General Stock please use our How to Invest in General Mills guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.