Arrow Electronics (Germany) Market Value
| ARW Stock | EUR 107.00 1.00 0.93% |
| 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' 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.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Arrow Electronics on December 3, 2022 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 720 days. Arrow Electronics is related to or competes with DICKER DATA, KAGA EL, and Wayside Technology. Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic comp... More
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' 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.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 14.99 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 1.72 |
Arrow Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arrow Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arrow Electronics' standard deviation. In reality, there are many statistical measures that can use Arrow Electronics historical prices to predict the future Arrow Electronics' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.8928 |
Arrow Electronics Backtested Returns
Arrow Electronics secures Sharpe Ratio (or Efficiency) of -0.0709, which signifies that the company had a -0.0709% return per unit of risk over the last 3 months. Arrow Electronics exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arrow Electronics' Mean Deviation of 1.2, standard deviation of 2.02, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.14, 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. At this point, Arrow Electronics has a negative expected return of -0.14%. Please make sure to confirm Arrow Electronics' kurtosis, day typical price, and the relationship between the potential upside and rate of daily change , to decide if Arrow Electronics performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.14 |
Insignificant predictability
Arrow Electronics has insignificant predictability. Overlapping area represents the amount of predictability between Arrow Electronics time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 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 0.14 indicates that less than 14.0% of current Arrow Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 34.14 |
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' 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' 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 |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Arrow Stock
When determining whether Arrow Electronics is a strong investment it is important to analyze Arrow Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arrow Electronics' future performance. For an informed investment choice regarding Arrow Stock, refer to the following important reports:Check out Arrow Electronics Correlation, Arrow Electronics Volatility and Arrow Electronics Alpha and Beta module to complement your research on Arrow Electronics. For more detail on how to invest in Arrow Stock please use our How to Invest in Arrow Electronics guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Arrow Electronics 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.