Best Buy Co., Inc. Shares Sold by National Bank of Canada FI - MarketBeat
| BBYY34 Stock | BRL 526.24 0.78 0.15% |
About 61% of Best Buy's investor base is looking to short. The analysis of current outlook of investing in Best Buy Co suggests that many traders are alarmed regarding Best Buy's prospects. The current market sentiment, together with Best Buy's historical and current headlines, can help investors time the market. In addition, many technical investors use Best Buy stock news signals to limit their universe of possible portfolio assets.
Best |
Best Buy Co., Inc. Shares Sold by National Bank of Canada FI MarketBeat
Read at news.google.com
 |
Best Buy Fundamental Analysis
We analyze Best Buy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Best Buy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Best Buy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Z Score
Z Score Comparative Analysis
Best Buy is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Best Buy Potential Pair-trading
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.
Peers
Best Buy Related Equities
| ROST34 | Ross Stores | 3.12 | ||||
| I1RM34 | Iron Mountain | 0.36 | ||||
| VVEO3 | CM Hospitalar | 1.09 | ||||
| RSUL4 | Metalrgica Riosulense | 2.66 | ||||
| MUTC34 | Micron Technology | 5.83 | ||||
| NORD3 | Nordon Indstrias | 9.09 |
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.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |