Best Buy Backtesting

Best Buy Co Inc -- USA Stock  

USD 63.52  0.1  0.16%

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
Investment Horizon     30 Days    Login   to change

Best Buy 'What if' Analysis

November 13, 2017
No Change 0.00  0.0%
In 31 days
December 13, 2017
If you would invest  0.00  in Best Buy on November 13, 2017 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 through two reportable segments, Domestic and International

Best Buy Upside/Downside Indicators


Best Buy Market Premium Indicators

Best Buy Co lagged returns against current returns

 Current and Lagged Values 

Best Buy regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Best Buy Co Backtested Returns

Macroaxis considers Best Buy not too risky given 1 month investment horizon. Best Buy Co secures Sharpe Ratio (or Efficiency) of 0.3259 which signifies that Best Buy Co had 0.3259% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By analyzing Best Buy Co technical indicators you can presently evaluate if the expected return of 0.5074% is justified by implied risk. Please makes use of Best Buy Co Downside Deviation of 1.82, Risk Adjusted Performance of 0.1759 and Mean Deviation of 1.07 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Best Buy holds performance score of 21. The firm shows Beta (market volatility) of 0.322 which signifies that as returns on market increase, Best Buy returns are expected to increase less than the market. However during bear market, the loss on holding Best Buy will be expected to be smaller as well.. Although it is vital to follow to Best Buy Co historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. We have found twenty-one technical indicators for Best Buy Co Inc which you can use to evaluate performance of the firm. Please makes use of Best Buy Co Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to make a quick decision on weather Best Buy price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.1 

Insignificant predictability

Best Buy Co Inc has insignificant predictability. Overlapping area represents the amount of predictability between Best Buy time series from November 13, 2017 to November 28, 2017 and November 28, 2017 to December 13, 2017. 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 0.1 indicates that less than 10.0% of current Best Buy price fluctuation can be explain by its past prices.
Correlation Coefficient 0.1
Spearman Rank Test -0.16
Price Variance 3.55
Lagged Price Variance 0.56

Best Buy Lagged Returns

 Regressed Prices 

Best Buy Performance vs DOW

The median price of Best Buy for the period between Mon, Nov 13, 2017 and Wed, Dec 13, 2017 is 58.05 with a coefficient of variation of 4.81. The daily time series for the period is distributed with a sample standard deviation of 2.84, arithmetic mean of 58.95, and mean deviation of 2.48. The Stock received some media coverage during the period.
December 6, 2017Best Buy Dividend Paid
Price Growth (%)  
Best Buy Gears up for the Biggest Day of the Year with Black...11/21/2017
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