Best Buy Backtesting

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.