Best Buy (Brazil) Technical Analysis
| BBYY34 Stock | BRL 507.00 0.00 0.00% |
As of the 29th of November, Best Buy shows the Mean Deviation of 0.6699, risk adjusted performance of 0.0539, and Downside Deviation of 3.0. Best Buy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Best Buy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Best, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BestBest |
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.
Best Buy Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Best Buy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Best Buy Trend Analysis
Use this graph to draw trend lines for Best Buy Co. You can use it to identify possible trend reversals for Best Buy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Best Buy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Best Buy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Best Buy Co applied against its price change over selected period. The best fit line has a slop of 0.59 , which may suggest that Best Buy Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 13019.32, which is the sum of squared deviations for the predicted Best Buy price change compared to its average price change.About Best Buy Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Best Buy Co on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Best Buy Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Best Buy price pattern first instead of the macroeconomic environment surrounding Best Buy. By analyzing Best Buy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Best Buy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Best Buy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Best Buy November 29, 2024 Technical Indicators
Most technical analysis of Best help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Best from various momentum indicators to cycle indicators. When you analyze Best charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0539 | |||
| Market Risk Adjusted Performance | (0.45) | |||
| Mean Deviation | 0.6699 | |||
| Semi Deviation | 0.9389 | |||
| Downside Deviation | 3.0 | |||
| Coefficient Of Variation | 1598.83 | |||
| Standard Deviation | 1.91 | |||
| Variance | 3.63 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.1366 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.46) | |||
| Maximum Drawdown | 18.07 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.49 | |||
| Downside Variance | 9.03 | |||
| Semi Variance | 0.8815 | |||
| Expected Short fall | (1.96) | |||
| Skewness | 4.38 | |||
| Kurtosis | 33.33 |
Complementary 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.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Commodity Directory Find actively traded commodities issued by global exchanges |