General Motors Stock Market Value

GM Stock  USD 45.35  0.76  1.70%   
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 selling at 45.35 as of the 29th of March 2024; that is 1.70 percent up since the beginning of the trading day. The stock's lowest day price was 44.6.
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

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.
0.00
04/04/2023
No Change 0.00  0.0 
In 11 months and 26 days
03/29/2024
0.00
If you would invest  0.00  in GM on April 4, 2023 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 360 days. GM is related to or competes with Lotus Technology, GreenPower, and Mullen Automotive. 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.
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.
Hype
Prediction
LowEstimatedHigh
43.6945.3547.01
Details
Intrinsic
Valuation
LowRealHigh
40.8250.3151.97
Details
Naive
Forecast
LowNextHigh
45.4547.1248.78
Details
29 Analysts
Consensus
LowTargetHigh
43.9948.3453.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as GM. Your research has to be compared to or analyzed against GM's peers to derive any actionable benefits. When done correctly, GM's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in General Motors.

General Motors Backtested Returns

GM appears to be very steady, given 3 months investment horizon. General Motors holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24% 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 Market Risk Adjusted Performance of 0.3903, downside deviation of 1.33, and Risk Adjusted Performance of 0.1326 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GM holds a performance score of 18. The company retains a Market Volatility (i.e., Beta) of 0.94, which attests to possible diversification benefits within a given portfolio. 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 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

    
  0.13  

Insignificant predictability

General Motors has insignificant predictability. Overlapping area represents the amount of predictability between GM time series from 4th of April 2023 to 1st of October 2023 and 1st of October 2023 to 29th of March 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 0.13 indicates that less than 13.0% of current GM price fluctuation can be explain by its past prices.
Correlation Coefficient0.13
Spearman Rank Test0.05
Residual Average0.0
Price Variance23.81

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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When determining whether General Motors is a strong investment it is important to analyze GM's 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 GM's future performance. For an informed investment choice regarding GM Stock, refer to the following important reports:
Check out GM Correlation, GM Volatility and GM Alpha and Beta module to complement your research on GM.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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.
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...