General Mills, Inc. (GIS) — Stock Correlations & Overview
Over the past year, GIS has moved most closely with CAG, CPB, KHC. Explore the stocks most correlated and inversely correlated with GIS below, along with its price, financials, and company profile.
Stocks correlated with GIS
Correlation of daily returns. Higher positive values move with GIS; negative values move opposite it. Informational only, not investment advice.
Most correlated with GIS
| Symbol | Company | Correlation |
|---|---|---|
| CAG | Conagra Brands, Inc.FOOD AND KINDRED PRODUCTS | 0.79 |
| CPB | The Campbell's Company Common StockFOOD AND KINDRED PRODUCTS | 0.73 |
| KHC | The Kraft Heinz Company Common StockCANNED, FROZEN & PRESERVD FRUIT, VEG & FOOD SPECIALTIES | 0.72 |
| FTXG | First Trust Nasdaq Food & Beverage ETF | 0.71 |
| RSPS | Invesco S&P 500 Equal Weight Consumer Staples ETF | 0.71 |
Most inversely correlated with GIS
| Symbol | Company | Correlation |
|---|---|---|
| SZK | ProShares UltraShort Consumer Staples | -0.59 |
| TSXU | Direxion Daily Semiconductors Top 5 Bull 2X ETF | -0.47 |
| EGGQ | NestYield Visionary ETF | -0.45 |
| EGGY | NestYield Dynamic Income ETF | -0.44 |
| NVT | nVent Electric plc Ordinary SharesSPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY) | -0.43 |
Frequently asked questions about GIS correlations
- Which stocks are most correlated with GIS?
- Based on one year of daily returns, the stocks most correlated with General Mills, Inc. (GIS) are CAG (0.79), CPB (0.73) and KHC (0.72). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with GIS?
- Over the past year, the stocks most inversely correlated with General Mills, Inc. (GIS) are SZK (-0.59), TSXU (-0.47) and EGGQ (-0.45). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these GIS correlations calculated?
- We compute the correlation of daily returns between GIS and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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