|Horizon||30 Days Login to change|
Best Buy Market Sensitivity
Best Buy Technical Analysis
Best Buy Projected Return Density Against MarketConsidering 30-days investment horizon, Best Buy has beta of 0.906 . This suggests Best Buy Co market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Best Buy is expected to follow. Additionally, Best Buy Co has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Best Buy Return VolatilityBest Buy Co has volatility of 2.6705% on return distribution over 30 days investment horizon. DOW inherits 1.3082% risk (volatility on return distribution) over the 30 days horizon.