Best Buy Backtesting

Best Buy Co Inc -- USA Stock  

USD 73.18  1.26  1.75%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Best Buy Co Inc and determine expected loss or profit from investing in Best Buy over given investment horizon. Check also Best Buy Hype Analysis, Best Buy Correlation, Best Buy Valuation, Best Buy Volatility as well as analyze Best Buy Alpha and Beta and Best Buy Performance
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

Best Buy 'What if' Analysis

January 22, 2018
0.00
No Change 0.00  0.0%
In 30 days
February 21, 2018
0.00
If you would invest  0.00  in Best Buy on January 22, 2018 and sell it all today you would earn a total of 0.00 from holding Best Buy Co Inc or generate 0.0% return on investment in Best Buy over 30 days. Best Buy is related to or competes with Macys, Dollar General, Home Depot, Dollar Tree, Vipshop Holdings, and Aarons. Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, ...

Best Buy Upside/Downside Indicators

  

Best Buy Market Premium Indicators

Best Buy Co lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Best Buy regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Best Buy Co Backtested Returns

Macroaxis considers Best Buy to be not too volatile. Best Buy Co secures Sharpe Ratio (or Efficiency) of -0.1627 which signifies that Best Buy Co had -0.1627% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Best Buy Co Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Best Buy Co Risk Adjusted Performance of 0.21 and Mean Deviation of 1.67 to double-check risk estimate we provide. Macroaxis gives Best Buy performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.9774 which signifies that Best Buy returns are very sensitive to returns on the market. as market goes up or down, Best Buy is expected to follow.. Even though it is essential to pay attention to Best Buy Co historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Best Buy Co Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Best Buy Co has expected return of -0.3652%. Please be advised to confirm Best Buy Co Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Best Buy Co past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.67) 

Very good reverse predictability

Best Buy Co Inc has very good reverse predictability. Overlapping area represents the amount of predictability between Best Buy time series from January 22, 2018 to February 6, 2018 and February 6, 2018 to February 21, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Best Buy Co price movement. The serial correlation of -0.67 indicates that around 67.0% of current Best Buy price fluctuation can be explain by its past prices. Given that Best Buy Co Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Best Buy for similar time interval.
Correlation Coefficient -0.67
Spearman Rank Test -0.71
Price Variance 1.94
Lagged Price Variance 4.98

Best Buy Lagged Returns

 Regressed Prices 
      Timeline 

Best Buy Performance vs DOW

The median price of Best Buy for the period between Mon, Jan 22, 2018 and Wed, Feb 21, 2018 is 73.1 with a coefficient of variation of 4.29. The daily time series for the period is distributed with a sample standard deviation of 3.15, arithmetic mean of 73.37, and mean deviation of 2.66. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Best Buy exotic insider transaction detected01/29/2018
2
Best Buy exotic insider transaction detected02/20/2018