General Mills Stock Forecast - Daily Balance Of Power
| GIS Stock | USD 66.14 0.25 0.38% |
General Stock Forecast is based on your current time horizon.
General |
Open Interest Against 2024-12-20 General Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast General Mills' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in General Mills' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for General Mills stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current General Mills' open interest, investors have to compare it to General Mills' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of General Mills is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in General. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.59) | (0.19) |
| Check General Mills Volatility | Backtest General Mills | Trend Details |
General Mills Trading Date Momentum
| On November 20 2024 General Mills was traded for 63.80 at the closing time. Highest General Mills's price during the trading hours was 63.82 and the lowest price during the day was 62.65 . The net volume was 4.7 M. The overall trading history on the 20th of November contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 1.62% . The overall trading delta to current price is 3.87% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare General Mills to competition |
Other Forecasting Options for General Mills
For every potential investor in General, whether a beginner or expert, General Mills' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. General Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in General. Basic forecasting techniques help filter out the noise by identifying General Mills' price trends.General Mills Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with General Mills stock to make a market-neutral strategy. Peer analysis of General Mills could also be used in its relative valuation, which is a method of valuing General Mills by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
General Mills Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of General Mills' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of General Mills' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
General Mills Market Strength Events
Market strength indicators help investors to evaluate how General Mills stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading General Mills shares will generate the highest return on investment. By undertsting and applying General Mills stock market strength indicators, traders can identify General Mills entry and exit signals to maximize returns.
General Mills Risk Indicators
The analysis of General Mills' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in General Mills' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting general stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.7375 | |||
| Standard Deviation | 0.9824 | |||
| Variance | 0.9652 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for General Stock Analysis
When running General Mills' price analysis, check to measure General Mills' 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 General Mills is operating at the current time. Most of General Mills' value examination focuses on studying past and present price action to predict the probability of General Mills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Mills' price. Additionally, you may evaluate how the addition of General Mills to your portfolios can decrease your overall portfolio volatility.