Best Buy Co Stock Price on December 3, 2024

BBY Stock  USD 86.85  1.53  1.79%   
Below is the normalized historical share price chart for Best Buy Co extending back to April 18, 1985. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Best Buy stands at 86.85, as last reported on the 27th of December, with the highest price reaching 86.85 and the lowest price hitting 85.18 during the day.
IPO Date
19th of April 1985
200 Day MA
86.4578
50 Day MA
90.1352
Beta
1.493
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Best Stock, it is important to understand the factors that can impact its price. Best Buy secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Best Buy Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Best Buy's Mean Deviation of 1.29, risk adjusted performance of (0.07), and Standard Deviation of 1.66 to double-check the risk estimate we provide.
  
At this time, Best Buy's Common Stock Shares Outstanding is fairly stable compared to the past year. Common Stock is likely to rise to about 30.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.9 B in 2024. . Price Earnings Ratio is likely to rise to 256.24 in 2024, whereas Price To Sales Ratio is likely to drop 0.06 in 2024. Best Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1521

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Estimated Market Risk

 1.64
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  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.
Price Book
6.0247
Enterprise Value Ebitda
8.5266
Price Sales
0.4492
Shares Float
197.5 M
Wall Street Target Price
98.503

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Best Buy Valuation on December 3, 2024

It is possible to determine the worth of Best Buy on a given historical date. On December 3, 2024 Best was worth 89.97 at the beginning of the trading date compared to the closed value of 88.03. 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
  89.26    90.75    87.66    89.96    4,253,229  
12/03/2024
  89.97    89.97    87.79    88.03    3,994,057  
  87.57    90.15    86.90    89.53    3,654,550  
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Open Value
89.97
88.03
Closing Value
94.88
Upside

Best Buy Trading Date Momentum on December 3, 2024

On December 04 2024 Best Buy Co was traded for  89.53  at the closing time. Highest Best Buy's price during the trading hours was 90.15  and the lowest price during the day was  86.90 . The net volume was 3.7 M. The overall trading history on the 4th of December contributed to the next trading period price jump. The overall trading delta to the next next day price was 1.70% . The overall trading delta to current price is 0.57% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding218.5 M386 M
Net Income Applicable To Common Shares1.6 B1.7 B

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.
A focus of Best Buy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Best Buy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Best Buy Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Best Buy Co cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 27, 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.

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.