Best Buy Skewness

Best Buy Co Inc -- USA Stock  

USD 55.83  0.52  0.92%

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Best Buy Co Inc has current Skewness of (0.67). Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average.
Best Buy 
Skewness 
 = 
3PM 
STD3 
 = 
(0.67)
3PM =   Third upper moment
STD =   Standard Deviation of Best Buy

Skewness Comparison

Best Buy Co Inc is rated below average in skewness category among related companies. It is currently under evaluation in maximum drawdown category among related companies .
Skewness risk is the risk that a model assumes a normal distribution of instrument returns when in fact the returns is skewed to the left or right of the mean. A positive skew indicates that the tail on the right side is longer than the left side and the bulk of the values lie to the left of the mean. A zero value indicates that the values are relatively evenly distributed on both sides of the mean, typically (but not necessarily) implying a symmetric distribution.
Compare Best Buy to competition
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