Best Buy Potential Upside

    BBY -- USA Stock  

    USD 58.95  1.23  2.04%

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    Best Buy Co has current Potential Upside of 3.16. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
    Best Buy 
    Potential Upside 
     = 
    1PM 
    2PM 
     = 
    3.16
    1PM =   First upper moment
    2PM =   Second upper moment

    Potential Upside Comparison

    Best Buy Co is rated below average in potential upside category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  3.28  of Maximum Drawdown per Potential Upside. The ratio of Maximum Drawdown to Potential Upside for Best Buy Co is roughly  3.28 
    Unlike using an educated guess on how high a stock could go calculate potential upside as the greater the potential dollar or percentage rise, the bigger the upside for the investment. Potential Upside is the reciprocal of the Value At Risk measure and can be interpreted as return on investment relative to minimal acceptable return.

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