|Best Buy Co Inc -- USA Stock|| |
USD 55.83 0.37 0.67%
On a scale of 0 to 100 Best Buy holds performance score of 12. The firm shows Beta (market volatility) of -0.5838 which signifies that as returns on market increase, returns on owning Best Buy are expected to decrease at a much smaller rate. During bear market, Best Buy is likely to outperform the market.. 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 patternss. 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 0.2671% will be sustainable into the future. 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
Relative Risk vs. Return Landscape
If you would invest 5,259
in Best Buy Co Inc on September 20, 2017
and sell it today you would earn a total of 319
from holding Best Buy Co Inc or generate 6.07%
return on investment over 30
days. Best Buy Co Inc is generating 0.2671% of daily returns assuming volatility of 1.4954% on return distribution over 30 days investment horizon. In other words, 14% of equities are less volatile than the company and above 95% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, Best Buy Co Inc is expected to generate 6.35 times more return on investment than the market. However, the company is 6.35 times more volatile than its market benchmark. It trades about 0.18 of its potential returns per unit of risk. The DOW is currently generating roughly 0.52 per unit of risk.
Best Buy Daily Price Distribution
The median price of Best Buy for the period between Wed, Sep 20, 2017 and Fri, Oct 20, 2017 is 55.83 with a coefficient of variation of 2.64. The daily time series for the period is distributed with a sample standard deviation of 1.48, arithmetic mean of 56.05, and mean deviation of 1.26. The Stock received some media coverage during the period.