Best Buy Price Prediction

Best Buy Co Inc -- USA Stock  

USD 68.81  1.23  1.76%

Macroaxis is not in business of monitoring Best Buy headlines and social sentiment data; there are plenty of companies out there that do it quite successfully. However, we do analyze noise-free headlines and recent hype associated with Best Buy Co Inc brand which may create opportunities for some arbitrage if properly timed. With Best Buy hype-based prediction module you can estimate the value of Best Buy Co Inc from the prospective of Best Buy response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Best Buy over a specific investment horizon. Check also Best Buy Basic Forecasting Models to cross-verify your projections.
 Time Horizon     30 Days    Login   to change

Best Buy Estimiated After-Hype Price Volatility

 Next price density 
Expected price to next headline
March 21, 2018
Current Value
Downside upside
After-hype Price
Target Price Odds
 Above  Below  
Upside upside
Best Buy is not too volatile asset. Analysis and calculation of next after-hype price of Best Buy Co is based on 1 month time horizon.

Best Buy Hype Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.10% 2.09% 0.15%  0.10% 2 Events / Month1 Events / MonthIn a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility

Best Buy Hype Timeline

On 21 of March Best Buy Co Inc is traded for 68.81. This company has historical hype elasticity of -0.15 and average elasticity to hype of competition of -0.1. Best Buy Co Inc is estimated to decline in value after the next headline with price expected to drop to 69.89. The average volatility of media hype impact on the company stock price is about 135.71%. The closing price depreciation on the next news is expected to be -0.21% where as daily expected return is currently at -0.1%. The volatility of related hype on Best Buy is about 217.71% with expected price after next announcement by competition of 68.71. About 15.0% of the company shares are held by company insiders. The company has Price/Earnings To Growth (PEG) ratio of 0.86. Best Buy Co Inc last dividend was issued on 2018-03-21. This company had 3:2 split on 2005-08-04. Considering 30-days investment horizon, the next estimated press release will be in a few days.
Check also Best Buy Basic Forecasting Models to cross-verify your projections.

Best Buy Related Hype Analysis

Short fall
At Risk
Macys Inc(1.37) 2 per month 1.03  0.28 (2.35)  3.69 (1.98)  7.31 
Dollar General Corporation(2.44) 2 per month 0.00 (0.0848)  0.00  2.13 (3.74)  6.21 
The Home Depot Inc 0.00 0 per month 0.00  0.00  0.00  0.00  0.00  0.00 
Dollar Tree Inc(2.39) 2 per month 0.00 (0.15)  0.00  1.72 (2.16)  16.15 
Vipshop Holdings Limited 0.17 1 per month 3.17  0.029 (1.86)  3.27 (4.80)  8.36 
Aarons Inc 0.27 1 per month 0.98  0.31 (1.37)  2.26 (1.94)  5.08