With this equity back-testing module your can estimate the performance of a buy and hold strategy of Best Buy Co and determine expected loss or profit from investing in Best Buy over given investment horizon. Check also Best Buy Hype Analysis, Best Buy Correlation, Best Buy Valuation, Best Buy Volatility as well as analyze Best Buy Alpha and Beta and Best Buy Performance.
|Horizon||30 Days Login to change|
Best Buy 'What if' Analysis
October 19, 20180.00
December 18, 20180.00
If you would invest 0.00 in Best Buy on October 19, 2018 and sell it all today you would earn a total of 0.00 from holding Best Buy Co or generate 0.0% return on investment in Best Buy over 60 days. Best Buy is related to or competes with Bjs Wholesale, JD, Lands End, eBay, Etsy, EVINE Live, and Five Below. Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, ...
Best Buy Upside/Downside Indicators
Best Buy Market Premium Indicators
Best Buy Backtested Returns
Macroaxis considers Best Buy to be not too volatile. Best Buy secures Sharpe Ratio (or Efficiency) of -0.2581 which signifies that Best Buy had -0.2581% of return per unit of risk over the last 2 months. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Best Buy Co exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Best Buy Risk Adjusted Performance of
(0.34) and Mean Deviation of 2.08 to double-check risk estimate we provide. Macroaxis gives Best Buy performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.2484 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-eight different technical indicators which can help you to evaluate its performance. Best Buy has expected return of -0.7235%. Please be advised to confirm Best Buy Maximum Drawdown as well as the relationship between Expected Short fall and Rate Of Daily Change to decide if Best Buy past performance will be repeated at some point in the near future.
|15 days auto-correlation||0.46|
|Spearman Rank Test||0.46|
Best Buy lagged returns against current returns
Current and Lagged Values
Best Buy regressed lagged prices vs. current prices
Current vs Lagged Prices
Best Buy Lagged Returns
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
|All Next||Launch Portfolio Optimization|
Check also Best Buy Hype Analysis, Best Buy Correlation, Best Buy Valuation, Best Buy Volatility as well as analyze Best Buy Alpha and Beta and Best Buy Performance. Please also try Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.