Best Buy Beta vs. Market Capitalization

Best Buy Co Inc -- USA Stock  

USD 64.39  0.93  1.42%

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Best Buy Co Market Capitalization vs. Beta Fundamental Analysis

Best Buy Co Inc is rated below average in beta category among related companies. It is rated fourth in market capitalization category among related companies creating about  69,074,074,074  of Market Capitalization per Beta.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
Best Buy 
Beta 
 = 
Covariance 
Variance 
=
0.27
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Market Capitalization is total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Best Buy 
Market Cap 
 = 
Shares Outstanding 
X  
Share Price 
=
18.65 B
In most publications or references market cap is broken down into the mega cap, large cap, mid cap, small cap, micro cap, and nano cap. Market Cap is a measurement of business as total market value of all of outstanding shares at a given time, and can be used to compare different companies based on their size.

Market Capitalization

Best Buy Market Capitalization Analysis
Best Buy Co Inc is rated fourth in market capitalization category among related companies. Market capitalization of Diversified Wholesale And Retail industry is currently estimated at about 298.32 Billion. Best Buy holds roughly 18.65 Billion in market capitalization claiming about 6% of equities under Diversified Wholesale And Retail industry.
Capitalization  Total debt  Workforce  Valuation  Revenue
  Beta 
      Best Buy Comparables 
Best Buy is currently under evaluation in beta category among related companies.

Beta Analysis

As returns on market increase, Best Buy returns are expected to increase less than the market. However during bear market, the loss on holding Best Buy will be expected to be smaller as well.
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. more
NameBest Buy Co Inc
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00764478.0
ISINUS0865161014
CUSIP086516101
CurrencyUSD - US Dollar
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