Best Buy Co Stock Price on March 21, 2018
BBY Stock | USD 76.00 0.23 0.30% |
Below is the normalized historical share price chart for Best Buy Co extending back to April 18, 1985. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Best Buy stands at 76.00, as last reported on the 18th of April 2024, with the highest price reaching 77.32 and the lowest price hitting 75.63 during the day.
If you're considering investing in Best Stock, it is important to understand the factors that can impact its price. We consider Best Buy very steady. Best Buy secures Sharpe Ratio (or Efficiency) of 0.0814, which signifies that the company had a 0.0814% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Best Buy Co, which you can use to evaluate the volatility of the firm. Please confirm Best Buy's Downside Deviation of 1.84, mean deviation of 1.36, and Risk Adjusted Performance of 0.0357 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
At this time, Best Buy's Common Stock Shares Outstanding is fairly stable compared to the past year. Common Stock is likely to rise to about 30.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.9 B in 2024. . Price Earnings Ratio is likely to rise to 26.02 in 2024, whereas Price To Sales Ratio is likely to drop 0.17 in 2024. Best Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of April 1985 | 200 Day MA 74.9046 | 50 Day MA 77.7874 | Beta 1.506 |
Best |
Sharpe Ratio = 0.0814
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | BBY | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Best Buy is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Best Buy by adding it to a well-diversified portfolio.
Price Book 5.5027 | Enterprise Value Ebitda 7.4479 | Price Sales 0.3866 | Shares Float 193.6 M | Dividend Share 3.68 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Best Buy Stock history
Best Buy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Best is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Best Buy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Best Buy stock prices may prove useful in developing a viable investing in Best Buy
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 218.5 M | 386 M | |
Net Income Applicable To Common Shares | 1.6 B | 1.7 B |
Best Buy Stock Technical Analysis
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.
Price Boundaries
Best Buy Period Price Range
Best Buy April 18, 2024 Market Strength
Market strength 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 undertsting and applying Best Buy stock market strength indicators, traders can identify Best Buy Co entry and exit signals to maximize returns
Accumulation Distribution | 36270.19 | |||
Daily Balance Of Power | (0.14) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 76.47 | |||
Day Typical Price | 76.32 | |||
Price Action Indicator | (0.59) | |||
Period Momentum Indicator | (0.23) | |||
Relative Strength Index | 64.19 |
Best Buy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Best Buy's price direction in advance. Along with the technical and fundamental analysis of Best Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Best to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0357 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.0141 | |||
Treynor Ratio | 0.0409 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Stocks Directory Find actively traded stocks across global markets | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |
Is Best Buy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Best Buy. If investors know Best will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Best Buy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 3.68 | Earnings Share 5.68 | Revenue Per Share 199.596 | Quarterly Revenue Growth (0.01) |
The market value of Best Buy is measured differently than its book value, which is the value of Best that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Best Buy's market value can be influenced by many factors that don't directly affect Best Buy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Best Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.