GM (Mexico) Market Value

GM Stock  MXN 1,051  23.87  2.22%   
GM's market value is the price at which a share of GM trades on a public exchange. It measures the collective expectations of General Motors investors about its performance. GM is trading at 1051.15 as of the 11th of December 2024; that is 2.22% down since the beginning of the trading day. The stock's open price was 1075.02.
With this module, you can estimate the performance of a buy and hold strategy of General Motors and determine expected loss or profit from investing in GM over a given investment horizon. Check out GM Correlation, GM Volatility and GM Alpha and Beta module to complement your research on GM.
Symbol

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.
0.00
11/11/2024
No Change 0.00  0.0 
In 31 days
12/11/2024
0.00
If you would invest  0.00  in GM on November 11, 2024 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 30 days. GM is related to or competes with Monster Beverage, Grupo Sports, Verizon Communications, Genworth Financial, Cognizant Technology, and Capital One. 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.

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.
Hype
Prediction
LowEstimatedHigh
1,0721,0751,078
Details
Intrinsic
Valuation
LowRealHigh
885.12887.761,183
Details
Naive
Forecast
LowNextHigh
1,0451,0481,051
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
821.531,0261,231
Details

General Motors Backtested Returns

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 twenty-eight technical indicators for General Motors, which you can use to evaluate the volatility of the firm. Please utilize GM's Downside Deviation of 2.55, market risk adjusted performance of 0.206, and Risk Adjusted Performance of 0.066 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GM holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 1.04, which attests to a somewhat significant risk relative to the market. GM returns are very sensitive to returns on the market. As the market goes up or down, GM is expected to follow. Please check GM's semi variance, and the relationship between the treynor ratio and rate of daily change , to make a quick decision on whether GM's current trending patterns will revert.

Auto-correlation

    
  0.31  

Below average predictability

General Motors has below average predictability. Overlapping area represents the amount of predictability between GM time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 0.31 indicates that nearly 31.0% of current GM price fluctuation can be explain by its past prices.
Correlation Coefficient0.31
Spearman Rank Test0.15
Residual Average0.0
Price Variance1048.48

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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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.