Best Buy Average Assets vs Invested Capital Average Analysis

BBY -- USA Stock  

USD 80.64  2.78  3.57%

Best Buy financial indicator trend analysis is way more than just evaluating Best Buy Co prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Best Buy Co is a good investment. Please check the relationship between Best Buy Average Assets and its Invested Capital Average accounts. Check also Trending Equities.

Average Assets vs Invested Capital Average

Accounts Relationship

Average Assets vs Invested Capital Average

Significance: Almost Identical Trend

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Best Buy Co Average Assets account and Invested Capital Average

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets.

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital; and derived from Invested Capital. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

Did you try this?

Run Volatility Analysis Now

   

Volatility Analysis

Get historical volatility and risk analysis based on latest market data
All  Next Launch Volatility Analysis

Build Efficient Portfolios

Align your risk and return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check also Trending Equities. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Search macroaxis.com