Best Buy Total Risk Alpha

Best Buy Co Inc -- USA Stock  

USD 56.49  0.43  0.77%

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Best Buy Co Inc has current Total Risk Alpha of (0.22). The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Best Buy 
Total Risk Alpha 
 = 
RFR + (ER[b] - ER[a]) 
x  
STD[a] / STD[b] 
 = 
(0.22)
ER[a] =   Expected return on investing in Best Buy
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Best Buy
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

Best Buy Co Inc is rated fourth in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF, or fund.
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