General Motors Stock Beta

GM Stock  USD 45.35  0.76  1.70%   
General Motors fundamentals help investors to digest information that contributes to GM's financial success or failures. It also enables traders to predict the movement of GM Stock. The fundamental analysis module provides a way to measure GM's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to GM stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

GM Beta Analysis

GM's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
 2021 2022 2023 2024 (projected)
Gross Profit17.9B21.0B30.5B19.3B
Total Revenue127.0B156.7B171.8B127.4B

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current GM Beta

    
  1.5  
Most of GM's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, General Motors is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

GM Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for GM is extremely important. It helps to project a fair market value of GM Stock properly, considering its historical fundamentals such as Beta. Since GM's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of GM's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of GM's interrelated accounts and indicators.
0.10.43-0.070.430.220.260.870.90.950.030.530.72-0.25-0.530.580.70.46-0.620.110.710.530.49-0.080.06-0.280.50.50.43-0.04
0.1-0.290.53-0.460.57-0.24-0.140.030.190.40.370.370.06-0.180.34-0.21-0.18-0.29-0.23-0.22-0.26-0.320.37-0.270.37-0.52-0.51-0.590.08
0.43-0.29-0.580.670.320.010.480.310.15-0.49-0.330.21-0.220.28-0.330.620.79-0.020.770.620.910.630.030.08-0.160.560.760.730.01
-0.070.53-0.58-0.810.23-0.01-0.47-0.110.080.890.72-0.10.38-0.190.65-0.67-0.82-0.36-0.79-0.66-0.74-0.820.39-0.240.48-0.79-0.75-0.660.43
0.43-0.460.67-0.81-0.070.130.640.420.31-0.66-0.310.24-0.40.0-0.230.70.80.00.740.720.860.75-0.510.0-0.440.80.940.9-0.59
0.220.570.320.23-0.07-0.34-0.05-0.020.140.280.210.450.140.230.16-0.060.1-0.470.1-0.090.18-0.140.04-0.570.19-0.3-0.02-0.04-0.02
0.26-0.240.01-0.010.13-0.340.330.410.27-0.160.05-0.04-0.28-0.130.080.320.160.020.050.360.080.260.060.41-0.10.230.10.160.07
0.87-0.140.48-0.470.64-0.050.330.840.8-0.40.130.7-0.45-0.440.220.940.71-0.320.340.920.670.83-0.210.34-0.540.760.640.54-0.14
0.90.030.31-0.110.42-0.020.410.840.88-0.080.430.5-0.37-0.610.490.70.46-0.470.120.760.460.52-0.060.2-0.350.520.450.34-0.06
0.950.190.150.080.310.140.270.80.880.180.680.73-0.22-0.660.740.570.26-0.67-0.110.580.310.34-0.140.0-0.280.380.330.27-0.12
0.030.4-0.490.89-0.660.28-0.16-0.4-0.080.180.82-0.040.65-0.170.76-0.65-0.81-0.54-0.82-0.65-0.65-0.820.16-0.50.42-0.62-0.53-0.460.22
0.530.37-0.330.72-0.310.210.050.130.430.680.820.330.24-0.580.99-0.2-0.48-0.73-0.65-0.18-0.33-0.450.05-0.350.2-0.27-0.22-0.180.08
0.720.370.21-0.10.240.45-0.040.70.50.73-0.040.33-0.25-0.310.380.590.4-0.450.060.530.330.45-0.12-0.03-0.380.280.210.15-0.07
-0.250.06-0.220.38-0.40.14-0.28-0.45-0.37-0.220.650.24-0.250.430.19-0.5-0.56-0.16-0.53-0.56-0.42-0.560.05-0.450.23-0.33-0.27-0.230.1
-0.53-0.180.28-0.190.00.23-0.13-0.44-0.61-0.66-0.17-0.58-0.310.43-0.63-0.210.040.520.27-0.270.07-0.080.16-0.140.02-0.210.00.120.11
0.580.34-0.330.65-0.230.160.080.220.490.740.760.990.380.19-0.63-0.12-0.43-0.74-0.63-0.1-0.29-0.37-0.03-0.330.11-0.18-0.15-0.130.01
0.7-0.210.62-0.670.7-0.060.320.940.70.57-0.65-0.20.59-0.5-0.21-0.120.87-0.070.550.980.780.96-0.150.46-0.570.810.670.55-0.11
0.46-0.180.79-0.820.80.10.160.710.460.26-0.81-0.480.4-0.560.04-0.430.870.090.880.870.930.93-0.140.28-0.410.760.760.65-0.25
-0.62-0.29-0.02-0.360.0-0.470.02-0.32-0.47-0.67-0.54-0.73-0.45-0.160.52-0.74-0.070.090.32-0.06-0.030.110.350.45-0.03-0.1-0.13-0.060.2
0.11-0.230.77-0.790.740.10.050.340.12-0.11-0.82-0.650.06-0.530.27-0.630.550.880.320.580.850.69-0.070.11-0.150.550.710.66-0.31
0.71-0.220.62-0.660.72-0.090.360.920.760.58-0.65-0.180.53-0.56-0.27-0.10.980.87-0.060.580.790.94-0.140.45-0.550.810.680.56-0.12
0.53-0.260.91-0.740.860.180.080.670.460.31-0.65-0.330.33-0.420.07-0.290.780.93-0.030.850.790.81-0.140.12-0.290.720.870.81-0.28
0.49-0.320.63-0.820.75-0.140.260.830.520.34-0.82-0.450.45-0.56-0.08-0.370.960.930.110.690.940.81-0.20.5-0.580.840.690.59-0.17
-0.080.370.030.39-0.510.040.06-0.21-0.06-0.140.160.05-0.120.050.16-0.03-0.15-0.140.35-0.07-0.14-0.14-0.20.370.4-0.47-0.47-0.410.75
0.06-0.270.08-0.240.0-0.570.410.340.20.0-0.5-0.35-0.03-0.45-0.14-0.330.460.280.450.110.450.120.50.37-0.30.26-0.08-0.090.51
-0.280.37-0.160.48-0.440.19-0.1-0.54-0.35-0.280.420.2-0.380.230.020.11-0.57-0.41-0.03-0.15-0.55-0.29-0.580.4-0.3-0.55-0.36-0.330.19
0.5-0.520.56-0.790.8-0.30.230.760.520.38-0.62-0.270.28-0.33-0.21-0.180.810.76-0.10.550.810.720.84-0.470.26-0.550.850.72-0.36
0.5-0.510.76-0.750.94-0.020.10.640.450.33-0.53-0.220.21-0.270.0-0.150.670.76-0.130.710.680.870.69-0.47-0.08-0.360.850.95-0.49
0.43-0.590.73-0.660.9-0.040.160.540.340.27-0.46-0.180.15-0.230.12-0.130.550.65-0.060.660.560.810.59-0.41-0.09-0.330.720.95-0.42
-0.040.080.010.43-0.59-0.020.07-0.14-0.06-0.120.220.08-0.070.10.110.01-0.11-0.250.2-0.31-0.12-0.28-0.170.750.510.19-0.36-0.49-0.42
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, General Motors has a Beta of 1.5. This is 78.57% higher than that of the Automobiles sector and 78.57% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.

GM Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GM's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of GM could also be used in its relative valuation, which is a method of valuing GM by comparing valuation metrics of similar companies.
GM is currently under evaluation in beta category among related companies.

GM ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, GM's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to GM's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

GM Institutional Holders

Institutional Holdings refers to the ownership stake in GM that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of GM's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing GM's value.
Shares
Amvescap Plc.2023-12-31
20 M
Arrowstreet Capital Limited Partnership2023-12-31
19.7 M
Hotchkis & Wiley Capital Management Llc2023-12-31
18.1 M
Norges Bank2023-12-31
16.8 M
Morgan Stanley - Brokerage Accounts2023-12-31
15.2 M
Franklin Resources Inc2023-12-31
13.7 M
Legal & General Group Plc2023-12-31
12.6 M
Bank Of New York Mellon Corp2023-12-31
12.4 M
Northern Trust Corp2023-12-31
12.3 M
Blackrock Inc2023-12-31
137 M
Vanguard Group Inc2023-12-31
111.6 M
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GM will likely underperform.

GM Fundamentals

About GM Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze General Motors's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GM using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of General Motors based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories in North America, the Asia Pacific, the Middle East, Africa, South America, the United States, and China. General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan. GM operates under Auto Manufacturers classification in the United States and is traded on New York Stock Exchange. It employs 157000 people.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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:

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.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
CEOs Directory
Screen CEOs from public companies around the world
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
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.