Arrow Electronics Backtesting

ARW -- USA Stock  

USD 77.05  0.49  0.63%

With this equity back-testing module your 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 given investment horizon. Check also Arrow Electronics Hype Analysis, Arrow Electronics Correlation, Arrow Electronics Valuation, Arrow Electronics Volatility as well as analyze Arrow Electronics Alpha and Beta and Arrow Electronics Performance.
 Time Horizon     30 Days    Login   to change
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Backtest

Arrow Electronics 'What if' Analysis

June 17, 2018
0.00
No Change 0.00  0.0%
In 30 days
July 17, 2018
0.00
If you would invest  0.00  in Arrow Electronics on June 17, 2018 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 30 days. Arrow Electronics is related to or competes with ADDvantage Technologies, Richardson Electronics, and Alcoa. Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic comp...

Arrow Electronics Upside/Downside Indicators

Information Ratio0.22
Maximum Drawdown3.86
Value At Risk2.05
Potential Upside1.56
  

Arrow Electronics Market Premium Indicators

Risk Adjusted Performance0.06
Jensen Alpha0.11
Total Risk Alpha0.35
Treynor Ratio1.69

Arrow Electronics Backtested Returns

Macroaxis considers Arrow Electronics to be not too risky. Arrow Electronics secures Sharpe Ratio (or Efficiency) of -0.0813 which signifies that Arrow Electronics had -0.0813% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Arrow Electronics exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Arrow Electronics Risk Adjusted Performance of 0.06 and Mean Deviation of 0.8651 to double-check risk estimate we provide. Macroaxis gives Arrow Electronics performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.073 which signifies that as returns on market increase, returns on owning Arrow Electronics are expected to decrease at a much smaller rate. During bear market, Arrow Electronics is likely to outperform the market.. Even though it is essential to pay attention to Arrow Electronics historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Arrow Electronics exposes twenty-one different technical indicators which can help you to evaluate its performance. Arrow Electronics has expected return of -0.0891%. Please be advised to confirm Arrow Electronics Standard Deviation, Value At Risk as well as the relationship between Value At Risk and Kurtosis to decide if Arrow Electronics past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.53) 

Good reverse predictability

Arrow Electronics has good reverse predictability. Overlapping area represents the amount of predictability between Arrow Electronics time series from June 17, 2018 to July 2, 2018 and July 2, 2018 to July 17, 2018. 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 -0.53 indicates that about 53.0% of current Arrow Electronics price fluctuation can be explain by its past prices. Given that Arrow Electronics has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Arrow Electronics for similar time interval.
Correlation Coefficient -0.53
Spearman Rank Test -0.34
Price Variance 0.8
Lagged Price Variance 1.87

Arrow Electronics lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Arrow Electronics regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Arrow Electronics Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - ARW

Arrow Electronics Investor Sentiment
Greater number of Macroaxis users are presently bullish on Arrow Electronics. What is your sentiment towards investing in Arrow Electronics? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Arrow Electronics and ADDvantage Technologies. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Check also Arrow Electronics Hype Analysis, Arrow Electronics Correlation, Arrow Electronics Valuation, Arrow Electronics Volatility as well as analyze Arrow Electronics Alpha and Beta and Arrow Electronics Performance. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.