Best Buy Co Stock Alpha and Beta Analysis
| BBY Stock | USD 74.47 2.03 2.80% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Best Buy Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Best Buy over a specified time horizon. Remember, high Best Buy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Best Buy's market risk premium analysis include:
Beta 1.64 | Alpha (0.05) | Risk 1.63 | Sharpe Ratio 0.023 | Expected Return 0.0374 |
Best Buy Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Best |
Best Buy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Best Buy market risk premium is the additional return an investor will receive from holding Best Buy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Best Buy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Best Buy's performance over market.| α | -0.05 | β | 1.64 |
Best Buy expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Best Buy's Buy-and-hold return. Our buy-and-hold chart shows how Best Buy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Best Buy Market Price Analysis
Market price analysis indicators help investors to evaluate how Best Buy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Best Buy shares will generate the highest return on investment. By understating and applying Best Buy stock market price indicators, traders can identify Best Buy position entry and exit signals to maximize returns.
Best Buy Return and Market Media
The median price of Best Buy for the period between Mon, Feb 5, 2024 and Sun, May 5, 2024 is 76.2 with a coefficient of variation of 3.68. The daily time series for the period is distributed with a sample standard deviation of 2.82, arithmetic mean of 76.55, and mean deviation of 2.33. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 15120 shares by Richard Schulze of Best Buy at 81.5944 subject to Rule 16b-3 | 03/18/2024 |
2 | Disposition of 50000 shares by Richard Schulze of Best Buy at 77.0653 subject to Rule 16b-3 | 04/05/2024 |
3 | Best Buy just knocked 200 off this massive 75-inch QLED TV | 04/08/2024 |
| Best Buy dividend paid on 11th of April 2024 | 04/11/2024 |
4 | Were making another sale of this media stock and putting that cash into our newest position | 04/15/2024 |
5 | Has Best Buy Co., Inc. Stocks Recent Performance Got Anything to Do With Its Financial Health | 04/19/2024 |
6 | Best Buy Stock Dips While Market Gains Key Facts | 04/22/2024 |
7 | Best Buy Rides on Membership Program, Health Services | 04/23/2024 |
8 | Here are the portfolios top 5 performing stocks since the March Monthly Meeting | 04/24/2024 |
9 | Best Buy and CNET team up for enhanced shopping experience | 04/25/2024 |
10 | Global Electronic Device Retailing Market Forecast Report to 2028, Featuring Best Buy, Ceconomy, Dell, Futurebazaar, Newegg, Reliance Digital, Shopee and Rakute... | 04/26/2024 |
11 | Act fast Sonys hard-to-find PlayStation Portal is back in stock at these retailers | 04/30/2024 |
12 | Best Buy CEO Corie Barry paid 14.4 million last year | 05/01/2024 |
13 | Score a Google Pixel Watch 2 for 50 Off | 05/03/2024 |
About Best Buy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Best or other stocks. Alpha measures the amount that position in Best Buy has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2010 | 2014 | 2020 | 2024 (projected) | Dividend Yield | 0.0289 | 0.0235 | 0.0486 | 0.0204 | Price To Sales Ratio | 0.19 | 0.51 | 0.38 | 0.0561 |
Best Buy Upcoming Company Events
As portrayed in its financial statements, the presentation of Best Buy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Best Buy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Best Buy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Best Buy. Please utilize our Beneish M Score to check the likelihood of Best Buy's management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 23rd of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Build Portfolio with Best Buy
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Best Buy Backtesting, Best Buy Valuation, Best Buy Correlation, Best Buy Hype Analysis, Best Buy Volatility, Best Buy History and analyze Best Buy Performance. Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Best Stock analysis
When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.
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Best Buy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.