Best Buy (Brazil) Price on November 4, 2023
BBYY34 Stock | BRL 526.24 0.78 0.15% |
If you're considering investing in Best Stock, it is important to understand the factors that can impact its price. As of today, the current price of Best Buy stands at 526.24, as last reported on the 21st of December, with the highest price reaching 527.02 and the lowest price hitting 526.24 during the day. Best Buy secures Sharpe Ratio (or Efficiency) of -0.0149, which signifies that the company had a -0.0149% return per unit of risk over the last 3 months. Best Buy Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Best Buy's Standard Deviation of 1.34, mean deviation of 0.5413, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Best Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Best |
Sharpe Ratio = -0.0149
Best Portfolio | Best Equity | |||
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Negative Returns | BBYY34 |
Estimated Market Risk
1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Best Buy is not performing at its full potential. However, 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 Best Buy to a well-diversified portfolio.
Best Buy Valuation on November 4, 2023
It is possible to determine the worth of Best Buy on a given historical date. On November 4, 2023 Best was worth 317.95 at the beginning of the trading date compared to the closed value of 317.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Best Buy stock. Still, in general, we apply an absolute valuation method to find Best Buy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Best Buy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Best Buy's related companies.
Open | High | Low | Close | Volume | |
326.82 | 326.82 | 326.82 | 326.82 | 3.00 | |
11/01/2023 | 317.95 | 317.95 | 317.26 | 317.26 | 101.00 |
309.85 | 309.85 | 309.85 | 309.85 | 2.00 |
Backtest Best Buy | | | Best Buy History | | | Best Buy Valuation | Previous | Next |
Best Buy Trading Date Momentum on November 4, 2023
On November 07 2023 Best Buy Co was traded for 309.85 at the closing time. The highest price during the trading period was 309.85 and the lowest recorded bid was listed for 309.85 . There was no trading activity during the period 2.0. Lack of trading volume on November 7, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.34% . The overall trading delta to the current price is 2.93% . |
Best Buy Fundamentals Correlations and Trends
By evaluating Best Buy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Best Buy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Best financial account trend analysis is a perfect complement when working with valuation or volatility modules.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
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota. Best Buy operates under Specialty Retail classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 125000 people.
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
Low | December 21, 2024
| High |
0.00 | 0.00 |
Best Buy Co cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Best Buy December 21, 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
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 | (0.04) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | 0.5915 |
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Pattern Recognition | ||
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Volume Indicators |
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.
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