Best Buy Downside Deviation

Best Buy Co Inc -- USA Stock  

USD 55.83  0.58  1.05%

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Best Buy Co Inc has current Downside Deviation of 2.2. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view downside risk is the annualized standard deviation of returns below the target.
Best Buy 
Downside Deviation 
=  
SQRT(DV) 
 = 
2.2
SQRT =   Square root notation
DV =   Downside Variance of returns over selected period

Downside Deviation Comparison

Best Buy Co Inc is rated third in downside deviation category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  2.79  of Maximum Drawdown per Downside Deviation. The ratio of Maximum Drawdown to Downside Deviation for Best Buy Co Inc is roughly  2.79 
It is the square root of the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of most private investors.
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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