Best Buy Backtesting

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

April 24, 2017
No Change 0.00  0.0%
In 31 days
May 24, 2017
If you would invest  0.00  in Best Buy on April 24, 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, Aarons, and . 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

We consider Best Buy not too risky. Best Buy Co secures Sharpe Ratio (or Efficiency) of 0.0401 which signifies that Best Buy Co had 0.0401% 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. We have found twenty-eight technical indicators for Best Buy Co Inc which you can use to evaluate future volatility of the firm. Please confirm Best Buy Co Downside Deviation of 1.42, Risk Adjusted Performance of 0.025 and Mean Deviation of 0.7249 to double-check if risk estimate we provide are consistent with the epected return of 0.0402%. Best Buy has performance score of 2 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.4111 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Best Buy will likely underperform.. Although it is extremely important to respect Best Buy Co historical returns, it is beter to be realistic about what you can do with the information about equity current trading 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. By analyzing Best Buy Co technical indicators you can presently evaluate if the expected return of 0.0402% will be sustainable into the future. Best Buy Co right now shows risk of 1.0046%. Please confirm Best Buy Co Maximum Drawdown as well as the relationship between Expected Short fall and Rate Of Daily Change to decide if Best Buy Co will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.03 

Virtually no predictability

Best Buy Co Inc has virtually no predictability. Overlapping area represents the amount of predictability between Best Buy time series from April 24, 2017 to May 9, 2017 and May 9, 2017 to May 24, 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 0.03 indicates that only 3.0% of current Best Buy price fluctuation can be explain by its past prices.
Correlation Coefficient 0.03
Spearman Rank Test 0.33
Price Variance 0.21
Lagged Price Variance 0.15

Best Buy Lagged Returns

 Regressed Prices 

Best Buy Performance vs NYSE

The median price of Best Buy for the period between Mon, Apr 24, 2017 and Wed, May 24, 2017 is 51.65 with a coefficient of variation of 0.91. The daily time series for the period is distributed with a sample standard deviation of 0.47, arithmetic mean of 51.54, and mean deviation of 0.37. The Stock received some media coverage during the period.
Price Growth (%)  
Sale by Richard Schulze of 13333 shares of Best Buy05/03/2017
Earnings Preview What To Expect From Best Buy On Thursday05/23/2017