GM (Mexico) Price on September 23, 2024

GM Stock  MXN 1,142  1.81  0.16%   
If you're considering investing in GM Stock, it is important to understand the factors that can impact its price. As of today, the current price of GM stands at 1,142, as last reported on the 30th of November, with the highest price reaching 1,142 and the lowest price hitting 1,140 during the day. GM appears to be very steady, given 3 months investment horizon. General Motors holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for General Motors, which you can use to evaluate the volatility of the firm. Please utilize GM's Market Risk Adjusted Performance of 0.3126, downside deviation of 2.66, and Risk Adjusted Performance of 0.0902 to validate if our risk estimates are consistent with your expectations.
  
GM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1238

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsGM
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.72
  actual daily
24
76% of assets are more volatile

Expected Return

 0.34
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average GM is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GM by adding it to a well-diversified portfolio.

GM Valuation on September 23, 2024

It is possible to determine the worth of GM on a given historical date. On September 23, 2024 GM was worth 923.0 at the beginning of the trading date compared to the closed value of 925.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GM stock. Still, in general, we apply an absolute valuation method to find GM's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of GM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GM's related companies.
 Open High Low Close Volume
  942.60    950.00    941.00    950.00    992.00  
09/23/2024
  923.00    925.00    923.00    925.00    86.00  
  920.00    921.01    920.00    921.01    45.00  
Backtest GM  |  GM History  |  GM Valuation   PreviousNext  
Open Value
923.0
914.85
Downside
925.0
Closing Value
931.15
Upside

GM Trading Date Momentum on September 23, 2024

On September 24 2024 General Motors was traded for  921.01  at the closing time. The highest daily price throughout the period was 921.01  and the lowest price was  920.00 . The daily volume was 45.0. The net trading volume on 09/24/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.43% . The overall trading delta to current closing price is 5.95% .

General Motors Fundamentals Correlations and Trends

By evaluating GM's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GM's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GM financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About GM Stock history

GM investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for GM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in General Motors will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing GM stock prices may prove useful in developing a viable investing in GM
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories in North America, the Asia Pacific, the Middle East, Africa, South America, the United States, and China. General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan. GM operates under Auto Manufacturers classification in Mexico and is traded on Mexico Stock Exchange. It employs 157000 people.

GM Stock Technical Analysis

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

Price Boundaries

GM Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

General Motors cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

GM November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how GM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GM shares will generate the highest return on investment. By undertsting and applying GM stock market strength indicators, traders can identify General Motors entry and exit signals to maximize returns

GM Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for GM's price direction in advance. Along with the technical and fundamental analysis of GM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GM to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for GM Stock Analysis

When running GM's price analysis, check to measure GM's 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 GM is operating at the current time. Most of GM's value examination focuses on studying past and present price action to predict the probability of GM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GM's price. Additionally, you may evaluate how the addition of GM to your portfolios can decrease your overall portfolio volatility.