Best Buy Technical Analysis

BBY -- USA Stock  

Fiscal Quarter End: October 31, 2019  

As of 18 of October Best Buy shows Mean Deviation of 1.82 and Risk Adjusted Performance of (0.005945). Best Buy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Best Buy Co which can be compared to its rivals. Please confirm Best Buy Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Best Buy is priced correctly providing market reflects its regular price of 70.52 per share. Given that Best Buy has Jensen Alpha of 0.0011, we suggest you validate Best Buy Co prevailing market performance to make sure the company can sustain itself at future point.
Target PriceAdvice# of Analysts
Best Buy Co current and past analyst recommendations published by number of research institutions as well as average analyst consensus
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Best Buy Technical Analysis

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  Portfolio Suggestion    
Execute Indicator
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Normalized Average True Range is used to analyze tradable apportunities for Best Buy across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

Best Buy Trend Analysis

Use this graph to draw trend lines for Best Buy Co. You can use it to identify possible trend reversals for Best Buy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Best Buy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Best Buy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Best Buy Co applied against its price change over selected period. The best fit line has a slop of   0.06  which may imply that the returns on investment in Best Buy Co will continue to fail. It has 122 observation points and a regression sum of squares at 147.91, which is the sum of squared deviations for the predicted Best Buy price change compared to its average price change.

Best Buy October 18, 2019 Technical Indicators

Best Buy October 18, 2019 Daily Price Condition

Check also Trending Equities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.