Best Buy Stock Forecast - Standard Deviation

BBY Stock  USD 85.55  0.35  0.41%   
Best Stock Forecast is based on your current time horizon.
  
At this time, Best Buy's Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to rise to 97.62 in 2024, whereas Inventory Turnover is likely to drop 5.87 in 2024. . Common Stock Shares Outstanding is likely to rise to about 386 M in 2024. Net Income Applicable To Common Shares is likely to rise to about 1.7 B in 2024.
On December 18, 2024 Best Buy Co had Standard Deviation of 0.
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Best Buy Trading Date Momentum

On December 19 2024 Best Buy Co was traded for  85.20  at the closing time. Highest Best Buy's price during the trading hours was 87.07  and the lowest price during the day was  84.17 . The net volume was 2.9 M. The overall trading history on the 19th of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.94% . The overall trading delta to current price is 0.94% .
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Other Forecasting Options for Best Buy

For every potential investor in Best, whether a beginner or expert, Best Buy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Best Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Best. Basic forecasting techniques help filter out the noise by identifying Best Buy's price trends.

Best Buy Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Best Buy stock to make a market-neutral strategy. Peer analysis of Best Buy could also be used in its relative valuation, which is a method of valuing Best Buy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Best Buy Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Best Buy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Best Buy's current price.

Best Buy Market Strength Events

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.

Best Buy Risk Indicators

The analysis of Best Buy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Best Buy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting best stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

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.

Additional 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.