General Mills (Germany) Market Value
| GIS Stock | EUR 87.25 1.11 1.29% |
| Symbol | General |
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.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in General Mills on October 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 United States, NTG Nordic, USWE SPORTS, and Sporttotal. Gilead Sciences, Inc., a research-based biopharmaceutical company, discovers, develops, and commercializes medicines in ... 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.
| Downside Deviation | 1.25 | |||
| Information Ratio | 0.1589 | |||
| Maximum Drawdown | 8.85 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 3.25 |
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.| Risk Adjusted Performance | 0.188 | |||
| Jensen Alpha | 0.3325 | |||
| Total Risk Alpha | 0.1227 | |||
| Sortino Ratio | 0.2076 | |||
| Treynor Ratio | 0.9706 |
General Mills Backtested Returns
General Mills appears to be very steady, given 3 months investment horizon. General Mills holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found thirty technical indicators for General Mills, which you can use to evaluate the volatility of the firm. Please utilize General Mills' Downside Deviation of 1.25, risk adjusted performance of 0.188, and Market Risk Adjusted Performance of 0.9806 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, General Mills holds a performance score of 16. The company retains a Market Volatility (i.e., Beta) of 0.39, which attests to possible diversification benefits within a given portfolio. 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. Please check General Mills' jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to make a quick decision on whether General Mills' current trending patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
General Mills has poor predictability. Overlapping area represents the amount of predictability between General Mills time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 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 0.29 indicates that nearly 29.0% of current General Mills price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 3.83 |
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 |
Currently Active Assets on Macroaxis
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 Correlation, General Mills Volatility and General Mills Alpha and Beta module to complement your research on General Mills. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.