The firm shows Beta (market volatility) of 1.6931 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Best Buy will likely underperform. Even though it is essential to pay attention to Best Buy
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Best Buy Co exposes twenty-one different technical indicators which can help you to evaluate its performance. Best Buy
has expected return of -0.0143%. Please be advised to confirm Best Buy Standard Deviation
, Maximum Drawdown
as well as the relationship
between Maximum Drawdown and Expected Short fall
to decide if Best Buy
past performance will be repeated at some point in the near future.
Over the last 30 days Best Buy Co has generated negative risk-adjusted returns adding no value to investors with long positions. Inspite fairly strong basic indicators, Best Buy is not utilizing all of its potentials. The prevailing stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||47.72|
|Target High Price||90.00|
|Fifty Two Week High||84.37|
|Target Low Price||58.00|
|Trailing Annual Dividend Yield||2.97%|