Best Buy Invested Capital Average vs Average Assets Analysis

BBY -- USA Stock  

USD 67.61  5.26  8.44%

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 Invested Capital Average and its Average Assets accounts. Check also Trending Equities.

Invested Capital Average vs Average Assets

Accounts Relationship

Invested Capital Average vs Average Assets

Significance: Almost Identical Trend

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

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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.

Did you try this?

Run Cryptocurrency Center Now

   

Cryptocurrency Center

Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
All  Next Launch Cryptocurrency Center

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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Search macroaxis.com