Best Buy Total Risk Alpha

Best Buy Co Inc -- USA Stock  

USD 73.32  0.14  0.19%

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Best Buy Co Inc has current Total Risk Alpha of 0.1082. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Best Buy 
Total Risk Alpha 
 = 
RFR + (ER[b] - ER[a]) 
x  
STD[a] / STD[b] 
 = 
0.1082
ER[a] =   Expected return on investing in Best Buy
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Best Buy
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

Best Buy Co Inc is rated fourth in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  68.63  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Best Buy Co Inc is roughly  68.63 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF, or fund.
Compare Best Buy to competition
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota. Best Buy operates under Electronics Stores classification in USA and traded on New York Stock Exchange exchange. It employs 125000 people. more
NameBest Buy Co Inc
Chairman, CEO and PresHubert JolyAll Leadership
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