Best Buy Co Stock Price Prediction
| BBY Stock | USD 88.17 0.31 0.35% |
Oversold Vs Overbought
41
Oversold | Overbought |
Quarterly Earnings Growth 0.072 | EPS Estimate Current Year 6.16 | EPS Estimate Next Year 6.13 | Wall Street Target Price 100.9517 | EPS Estimate Current Quarter 1.16 |
Using Best Buy hype-based prediction, you can estimate the value of Best Buy Co from the perspective of Best Buy response to recently generated media hype and the effects of current headlines on its competitors.
Best Buy Hype to Price Pattern
Investor biases related to Best Buy's public news can be used to forecast risks associated with an investment in Best. The trend in average sentiment can be used to explain how an investor holding Best can time the market purely based on public headlines and social activities around Best Buy Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Best Buy's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Best Buy.
The fear of missing out, i.e., FOMO, can cause potential investors in Best Buy to buy its stock at a price that has no basis in reality. In that case, they are not buying Best because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Best Buy after-hype prediction price | USD 88.05 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Best |
Best Buy After-Hype Price Prediction Density Analysis
As far as predicting the price of Best Buy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Best Buy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Best Buy, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Best Buy Estimiated After-Hype Price Volatility
In the context of predicting Best Buy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Best Buy's historical news coverage. Best Buy's after-hype downside and upside margins for the prediction period are 86.46 and 89.64, respectively. We have considered Best Buy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Best Buy is very steady at this time. Analysis and calculation of next after-hype price of Best Buy is based on 3 months time horizon.
Best Buy Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Best Buy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Best Buy backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Best Buy, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.18 | 1.60 | 0.13 | 1.67 | 9 Events / Month | 7 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
88.17 | 88.05 | 0.14 |
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Best Buy Hype Timeline
On the 28th of November Best Buy is traded for 88.17. The entity has historical hype elasticity of -0.13, and average elasticity to hype of competition of 1.67. Best is forecasted to decline in value after the next headline, with the price expected to drop to 88.05. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.14%, whereas the daily expected return is currently at -0.18%. The volatility of related hype on Best Buy is about 17.29%, with the expected price after the next announcement by competition of 89.84. About 87.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.53. Best Buy recorded earning per share (EPS) of 5.79. The entity last dividend was issued on the 19th of September 2024. The firm had 3:2 split on the 4th of August 2005. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out Best Buy Basic Forecasting Models to cross-verify your projections.Best Buy Related Hype Analysis
Having access to credible news sources related to Best Buy's direct competition is more important than ever and may enhance your ability to predict Best Buy's future price movements. Getting to know how Best Buy's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Best Buy may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| WSM | Williams Sonoma | 4.44 | 8 per month | 1.73 | 0.08 | 3.41 | (3.07) | 29.00 | |
| AZO | AutoZone | 73.92 | 8 per month | 1.19 | (0.1) | 2.14 | (1.68) | 6.36 | |
| ULTA | Ulta Beauty | (0.22) | 10 per month | 0.00 | (0.09) | 2.89 | (3.24) | 8.40 | |
| RH | RH | (8.62) | 10 per month | 1.62 | 0.11 | 4.95 | (2.84) | 29.32 | |
| DKS | Dicks Sporting Goods | 1.31 | 9 per month | 0.00 | (0.14) | 2.97 | (3.16) | 7.73 | |
| AAP | Advance Auto Parts | 2.53 | 9 per month | 0.00 | (0.08) | 5.43 | (4.63) | 15.49 | |
| TSCO | Tractor Supply | 0.06 | 10 per month | 1.55 | (0.05) | 2.16 | (2.25) | 9.44 | |
| ORLY | OReilly Automotive | 9.31 | 9 per month | 0.84 | 0.03 | 1.40 | (1.55) | 7.77 | |
| FIVE | Five Below | 0.56 | 12 per month | 2.92 | 0 | 5.40 | (4.34) | 16.58 |
Best Buy Additional Predictive Modules
Most predictive techniques to examine Best price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Best using various technical indicators. When you analyze Best charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Best Buy Predictive Indicators
The successful prediction of Best Buy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Best Buy Co, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Best Buy based on analysis of Best Buy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Best Buy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Best Buy's related companies. | 2010 | 2014 | 2020 | 2024 (projected) | Dividend Yield | 0.0289 | 0.0235 | 0.0486 | 0.0204 | Price To Sales Ratio | 0.19 | 0.51 | 0.38 | 0.0561 |
Story Coverage note for Best Buy
The number of cover stories for Best Buy depends on current market conditions and Best Buy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Best Buy is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Best Buy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Best Buy Short Properties
Best Buy's future price predictability will typically decrease when Best Buy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Best Buy Co often depends not only on the future outlook of the potential Best Buy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Best Buy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 218.5 M | |
| Cash And Short Term Investments | 1.4 B |
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.