|Current Price||Horizon||Target Price||Odds to stay above $ 62.35 in 30 days|
| 77.54 ||30 days|| 62.35 || CLOSE TO 99%|
Based on normal probability distribution, the odds of Best Buy to stay above $ 62.35 in 30 days from now is close to 99% (This Best Buy Co probability density function shows the probability of Best Buy Stock to fall within a particular range of prices over 30 days) . Probability of Best Buy Co price to stay between $ 62.35 and its current price of $77.54 at the end of the 30-day period is about 19.26%.
Considering 30-days investment horizon, Best Buy has beta of 0.5067 . This suggests as returns on market go up, Best Buy average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Best Buy Co will be expected to be much smaller as well. 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
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