Thu, Dec 25, 2014, 1:21 AM EST - U.S. Markets closed for Christmas


% | $
Quotes you view appear here for quick access.

General Mills, Inc. Message Board

  • bluesmusicgirlseven bluesmusicgirlseven Jan 29, 2013 9:44 AM Flag

    Negative Beta???

    I have been a long time owner of General Mills, and have done very well with this wonderful company. Lately I see that is now has a negative BETA of 0.03. A beta measures the volatility/risk of a company. I.e. the broad market is a beta of 1, where as a beta of 2 is twice as volatile, and so on. Does a negative beta mean that GIS has negative risk? How can this be so? I only though that inverse ETF funds might be a negative rated beta. Does anyone have any thoughts on this?

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
54.31-0.10(-0.18%)Dec 24 1:08 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.