Arrow Electronics,'s market value is the price at which a share of Arrow Electronics, trades on a public exchange. It measures the collective expectations of Arrow Electronics, investors about its performance. Arrow Electronics, is trading at 48.60 as of the 13th of December 2024, a No Change since the beginning of the trading day. The stock's open price was 48.6. With this module, you can estimate the performance of a buy and hold strategy of Arrow Electronics, and determine expected loss or profit from investing in Arrow Electronics, over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
Arrow
Arrow Electronics, 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Arrow Electronics,'s stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Arrow Electronics,.
0.00
11/19/2023
No Change 0.00
0.0
In 1 year and 26 days
12/13/2024
0.00
If you would invest 0.00 in Arrow Electronics, on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Arrow Electronics, or generate 0.0% return on investment in Arrow Electronics, over 390 days.
Arrow Electronics, Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Arrow Electronics,'s stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Arrow Electronics, upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arrow Electronics,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arrow Electronics,'s standard deviation. In reality, there are many statistical measures that can use Arrow Electronics, historical prices to predict the future Arrow Electronics,'s volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Arrow Electronics,. Your research has to be compared to or analyzed against Arrow Electronics,'s peers to derive any actionable benefits. When done correctly, Arrow Electronics,'s competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Arrow Electronics,.
Arrow Electronics, Backtested Returns
At this point, Arrow Electronics, is very steady. Arrow Electronics, secures Sharpe Ratio (or Efficiency) of 0.0495, which signifies that the company had a 0.0495% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Arrow Electronics,, which you can use to evaluate the volatility of the firm. Please confirm Arrow Electronics,'s Mean Deviation of 0.2938, downside deviation of 1.68, and Risk Adjusted Performance of 0.0356 to double-check if the risk estimate we provide is consistent with the expected return of 0.0543%. Arrow Electronics, has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Arrow Electronics, are expected to decrease at a much lower rate. During the bear market, Arrow Electronics, is likely to outperform the market. Arrow Electronics, right now shows a risk of 1.1%. Please confirm Arrow Electronics, sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Arrow Electronics, will be following its price patterns.
Auto-correlation
0.31
Below average predictability
Arrow Electronics, has below average predictability. Overlapping area represents the amount of predictability between Arrow Electronics, time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Arrow Electronics, price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Arrow Electronics, price fluctuation can be explain by its past prices.
Correlation Coefficient
0.31
Spearman Rank Test
0.27
Residual Average
0.0
Price Variance
0.86
Arrow Electronics, lagged returns against current returns
Autocorrelation, which is Arrow Electronics, stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Arrow Electronics,'s stock expected returns. We can calculate the autocorrelation of Arrow Electronics, returns to help us make a trade decision. For example, suppose you find that Arrow Electronics, has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Arrow Electronics, regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Arrow Electronics, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arrow Electronics, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arrow Electronics, stock over time.
Current vs Lagged Prices
Timeline
Arrow Electronics, Lagged Returns
When evaluating Arrow Electronics,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arrow Electronics, stock have on its future price. Arrow Electronics, autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Arrow Electronics, autocorrelation shows the relationship between Arrow Electronics, stock current value and its past values and can show if there is a momentum factor associated with investing in Arrow Electronics,.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.