Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Best Buy Co is 'Strong Hold'. Macroaxis provides Best Buy buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Best Buy positions. The advice algorithm takes into account all of Best Buy available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Best Buy buy-and-hold prospective. Check also Best Buy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Best Buy Co has a risk adjusted performance of 0.0342, jensen alpha of 0.1535, total risk alpha of 0.2043, sortino ratio of 0.034 and treynor ratio of 0.039Macroaxis provides unbiased buy, hold, or sell recommendation on Best Buy that should be used to complement current analysts and expert consensus on Best Buy Co. Our buy or sell advice engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Best Buy is not overpriced, please confirm all Best Buy fundamentals including its Book Value Per Share, Working Capital and the relationship between Cash and Equivalents and Number of Employees . Given that Best Buy has Price to Earning of 11.93X, we suggest you validate Best Buy Co market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Best Buy Trading Alerts and Improvement Suggestions
Best Buy has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
Over 86.0% of the company shares are held by institutions such as insurance companies
Best Buy Co shows above average downside volatility of 3.42 for selected time horizon. We advise investors to further inspect Best Buy Co to make sure all market timing and asset allocation strategies are consistent with estimation about Best Buy future alpha.