Best Buy Stock Forecast - Day Median Price
| BUY Stock | EUR 84.47 0.70 0.84% |
Best Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Best Buy's historical fundamentals, such as revenue growth or operating cash flow patterns.
Best |
| Previous Day Median Price | Day Median Price | Trend |
| 83.77 | 83.51 |
| Check Best Buy Volatility | Backtest Best Buy | Information Ratio |
Best Buy Trading Date Momentum
| On January 02 2025 Best Buy Co was traded for 84.47 at the closing time. The highest daily price throughout the period was 84.47 and the lowest price was 82.54 . The daily volume was 23.0. The net trading volume on 01/02/2025 did not affect price variability. The overall trading delta to current closing price is 2.28% . |
The median price is the midpoint of the trading periods range.
Compare Best Buy to competition
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 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.
| Mean Deviation | 1.36 | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.33 |
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.
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Additional Information and Resources on Investing in Best Stock
When determining whether Best Buy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Best Buy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Best Buy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Best Buy Co Stock:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.