Best Buy Backtesting

Best Buy Co Inc -- USA Stock  

USD 56.49  0.51  0.89%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Best Buy Co Inc and determine expected loss or profit from investing in Best Buy over given investment horizon. Check also Best Buy Hype Analysis, Best Buy Correlation, Best Buy Valuation, Best Buy Volatility as well as analyze Best Buy Alpha and Beta and Best Buy Performance
Investment Horizon     30 Days    Login   to change

Best Buy 'What if' Analysis

October 26, 2017
No Change 0.00  0.0%
In 30 days
November 25, 2017
If you would invest  0.00  in Best Buy on October 26, 2017 and sell it all today you would earn a total of 0.00 from holding Best Buy Co Inc or generate 0.0% return on investment in Best Buy over 30 days. Best Buy is related to or competes with Macys, Dollar General, Home Depot, Dollar Tree, Vipshop Holdings, and Aarons. Best Buy Co Inc operates through two reportable segments, Domestic and International

Best Buy Upside/Downside Indicators


Best Buy Market Premium Indicators

Best Buy Co lagged returns against current returns

 Current and Lagged Values 

Best Buy regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Best Buy Co Backtested Returns

We consider Best Buy not too risky. Best Buy Co secures Sharpe Ratio (or Efficiency) of 0.0151 which signifies that Best Buy Co had 0.0151% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Best Buy Co Inc which you can use to evaluate future volatility of the firm. Please confirm Best Buy Co Downside Deviation of 1.93, Risk Adjusted Performance of 0.0458 and Mean Deviation of 1.07 to double-check if risk estimate we provide are consistent with the epected return of 0.0433%. Best Buy has performance score of 1 on a scale of 0 to 100. The firm shows Beta (market volatility) of -1.0206 which signifies that . Although it is extremely important to respect Best Buy Co historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Best Buy Co technical indicators you can presently evaluate if the expected return of 0.0433% will be sustainable into the future. Best Buy Co right now shows a risk of 2.8606%. Please confirm Best Buy Co Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Best Buy Co will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 

No correlation between past and present

Best Buy Co Inc has no correlation between past and present. Overlapping area represents the amount of predictability between Best Buy time series from October 26, 2017 to November 10, 2017 and November 10, 2017 to November 25, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Best Buy Co price movement. The serial correlation of 0.0 indicates that just 0.0% of current Best Buy price fluctuation can be explain by its past prices.
Average Price 57.0
Lagged Average Price 57.0

Best Buy Lagged Returns

 Regressed Prices 

Best Buy Performance vs DOW

The median price of Best Buy for the period between Thu, Oct 26, 2017 and Sat, Nov 25, 2017 is 56.35 with a coefficient of variation of 1.28. The daily time series for the period is distributed with a sample standard deviation of 0.72, arithmetic mean of 56.23, and mean deviation of 0.61. The Stock received some media coverage during the period.
Price Growth (%)  
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