General Motors Stock Market Value
| GM Stock | USD 45.10 1.89 4.37% |
| Symbol | GM |
General Motors Price To Book Ratio
Is GM's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GM. If investors know GM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.135 | Dividend Share 0.36 | Earnings Share 7.32 | Revenue Per Share 125.984 | Quarterly Revenue Growth (0) |
The market value of General Motors is measured differently than its book value, which is the value of GM that is recorded on the company's balance sheet. Investors also form their own opinion of GM's value that differs from its market value or its book value, called intrinsic value, which is GM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GM's market value can be influenced by many factors that don't directly affect GM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GM's value and its price as these two are different measures arrived at by different means. Investors typically determine if GM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
GM '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 GM's 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 GM.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in GM on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding General Motors or generate 0.0% return on investment in GM over 720 days. GM is related to or competes with Tesla, Rivian Automotive, Nio, Xpeng, Lucid, Ford, and Honda. General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories in Nort... More
GM 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 GM's 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 Motors upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.1613 | |||
| Maximum Drawdown | 11.09 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 2.7 |
GM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GM's standard deviation. In reality, there are many statistical measures that can use GM historical prices to predict the future GM's volatility.| Risk Adjusted Performance | 0.1389 | |||
| Jensen Alpha | 0.2543 | |||
| Total Risk Alpha | 0.1332 | |||
| Sortino Ratio | 0.19 | |||
| Treynor Ratio | 0.2996 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GM's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
General Motors Backtested Returns
GM appears to be very steady, given 3 months investment horizon. General Motors holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for General Motors, which you can use to evaluate the volatility of the firm. Please utilize GM's Downside Deviation of 1.4, market risk adjusted performance of 0.3096, and Risk Adjusted Performance of 0.1389 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GM holds a performance score of 17. The company retains a Market Volatility (i.e., Beta) of 1.15, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GM will likely underperform. Please check GM's sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether GM's current trending patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
General Motors has weak reverse predictability. Overlapping area represents the amount of predictability between GM time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd of April 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 Motors price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current GM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 20.13 |
General Motors lagged returns against current returns
Autocorrelation, which is GM 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 GM's stock expected returns. We can calculate the autocorrelation of GM returns to help us make a trade decision. For example, suppose you find that GM 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 |
GM 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 GM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GM stock over time.
Current vs Lagged Prices |
| Timeline |
GM Lagged Returns
When evaluating GM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GM stock have on its future price. GM 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, GM autocorrelation shows the relationship between GM stock current value and its past values and can show if there is a momentum factor associated with investing in General Motors.
Regressed Prices |
| Timeline |
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Complementary 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.
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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.