Best Buy Co Stock Price on May 22, 2024
| BBY Stock | USD 89.54 3.03 3.50% |
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 89.54, as last reported on the 25th of November, with the highest price reaching 90.22 and the lowest price hitting 87.00 during the day.
If you're considering investing in Best Stock, it is important to understand the factors that can impact its price. At this stage we consider Best Stock to be very steady. Best Buy secures Sharpe Ratio (or Efficiency) of 0.0223, which signifies that the company had a 0.0223% return per unit of risk over the last 3 months. We have found thirty technical indicators for Best Buy Co, which you can use to evaluate the volatility of the firm. Please confirm Best Buy's Mean Deviation of 1.29, downside deviation of 1.67, and Risk Adjusted Performance of 0.0419 to double-check if the risk estimate we provide is consistent with the expected return of 0.0504%.
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.
IPO Date 19th of April 1985 | 200 Day MA 85.2398 | 50 Day MA 94.7102 | Beta 1.493 |
Best |
Sharpe Ratio = 0.0223
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | BBY | High Risk | Huge Risk |
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Best Buy is performing at about 1% of its full potential. 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 it to a well-diversified portfolio.
Price Book 6.1881 | Enterprise Value Ebitda 8.4759 | Price Sales 0.452 | Shares Float 197.5 M | Dividend Share 3.72 |
Best Buy Valuation on May 22, 2024
It is possible to determine the worth of Best Buy on a given historical date. On May 22, 2024 Best was worth 70.35 at the beginning of the trading date compared to the closed value of 69.12. 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 | |
| 72.37 | 72.46 | 70.99 | 71.25 | 2,452,591 | |
05/22/2024 | 70.35 | 71.40 | 68.91 | 69.12 | 4,399,403 |
| 69.25 | 69.26 | 67.93 | 68.27 | 2,247,724 |
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Best Buy Trading Date Momentum on May 22, 2024
| On May 23 2024 Best Buy Co was traded for 68.27 at the closing time. Highest Best Buy's price during the trading hours was 69.26 and the lowest price during the day was 67.93 . The net volume was 2.2 M. The overall trading history on the 23rd of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.23% . The overall trading delta to current price is 21.57% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 218.5 M | 386 M | |
| Net Income Applicable To Common Shares | 1.6 B | 1.7 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.
Price Boundaries
Best Buy Period Price Range
Low | November 25, 2024
| 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 November 25, 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 | 0.0419 | |||
| Jensen Alpha | 0.0593 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.3286 |
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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.