Best Buy Market Risk Adjusted Performance
| BBY Stock | | | USD 60.45 -1.05 -1.71% |
Market Risk-Adjusted Performance (MRAP) measures return relative to systematic risk (beta) rather than total risk (standard deviation). This isolates the return earned per unit of market exposure, filtering out idiosyncratic volatility that can be diversified away. Below is Best Buy's current Market Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Market Risk Adjusted Performance Value
At
-0.21, Best Buy exhibits slightly negative risk-adjusted return in Market Risk Adjusted Performance. Best Buy's return has marginally failed to compensate for the volatility experienced.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.21 | |
| ER[a] | = | Expected return on investing in Best Buy |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Best Buy's Market Risk Adjusted Performance of -0.206 falls below the 0.04 peer average. Values range from -0.3982 (Genuine Parts Co) to 0.5306 (Caseys General Stores), with wide dispersion across the group. Best Buy's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Market Risk Adjusted Performance Relative To Other Indicators
The chart below plots Market Risk Adjusted Performance against Maximum Drawdown for Best Buy and its peers. Each point represents one equity — position along the horizontal axis shows Market Risk Adjusted Performance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare Best Buy to PeersMethodology, Assumptions & Data Sources
The current Market Risk Adjusted Performance for Best Buy is -0.21. The Market Risk Adjusted Performance for Best Buy applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Best Buy operates in the consumer discretionary sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
Other Technical Indicators