Best Buy Price Prediction

Best Buy Co Inc -- USA Stock  

USD 56.35  0.14  0.25%

Macroaxis is not in business of monitoring Best Buy headlines and social sentiment data; there are plenty of companies out there that do it quite successfully. However, we do analyze noise-free headlines and recent hype associated with Best Buy Co Inc brand which may create opportunities for some arbitrage if properly timed. With Best Buy hype-based prediction module you can estimate the value of Best Buy Co Inc from the prospective of Best Buy response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Best Buy over a specific investment horizon. Check also Best Buy Basic Forecasting Models to cross-verify your projections.
Investment Horizon     30 Days    Login   to change

Best Buy Estimiated After-Hype Price Volatility

 Next price density 
 
Expected price to next headline
November 23, 2017
56.35
Current Value
Downside upside
56.52
After-hype Price
Target Price Odds
 Above  Below  
61.11
Upside
Upside upside
Best Buy is not too risky asset. Analysis and calculation of next after-hype price of Best Buy Co is based on 1 month time horizon.

Best Buy Hype Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.00% 1.54% 0.00%  0.00% 2 Events / Month2 Events / MonthIn a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
56.3556.520.05%
320.83% 

Best Buy Hype Timeline

On 23 of November Best Buy Co Inc is traded for  56.35 . This company stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Best Buy Co Inc is estimated to increase in value after the next headline with price going to jump to 56.52. The average volatility of media hype impact on the company stock price is about 320.83%. The price escalation on the next news is estimated to be 0.05% where as daily expected return is currently at 0.0%. The volatility of related hype on Best Buy is about 817.7% with expected price after next announcement by competition of 56.35. The company reported last year revenue of 39.89 B. Total Income to common stockholders was 1.2 B with profit before taxes, overhead, and interest of 9.44 B. Considering 30-days investment horizon, the next estimated press release will be in a few days.
Check also Best Buy Basic Forecasting Models to cross-verify your projections.

Best Buy Related Hype Analysis

Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Expected
Short fall
Potential
Upside
Value
At Risk
Maximum
Drawdown
Macys Inc 0.09 1 per month 0.00 (0.0495)  0.00  2.46 (4.32)  14.24 
Dollar General Corporation 0.54 1 per month 0.93  0.0833 (1.3)  2.73 (1.45)  3.88 
The Home Depot Inc(0.83) 1 per month 0.68  0.11 (0.82)  1.62 (1.54)  3.18 
Dollar Tree Inc(0.48) 2 per month 0.28  0.29 (1.22)  2.42 (1.44)  3.67 
Vipshop Holdings Limited(0.02) 2 per month 4.51  0.0577 (2.72)  6.09 (5.42)  21.27 
Aarons Inc(0.43) 1 per month 0.00 (0.32)  0.00  2.72 (5.29)  7.4