Arrow Electronics Backtesting

Arrow Electronics -- USA Stock  

USD 77.51  0.84  1.07%

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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Arrow Electronics 'What if' Analysis

February 19, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
April 20, 2018
0.00
If you would invest  0.00  in Arrow Electronics on February 19, 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 60 days. Arrow Electronics is related to or competes with ON Semiconductor, Flex Ltd, Analog Devices, Advanced Micro, Avnet, and XILINX INC. Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic comp...

Arrow Electronics Upside/Downside Indicators

Information Ratio0.020745
Maximum Drawdown7.65
Value At Risk3.45
Potential Upside2.44
  

Arrow Electronics Market Premium Indicators

Risk Adjusted Performance0.066192
Jensen Alpha0.07573
Total Risk Alpha0.0344
Treynor Ratio0.56

Arrow Electronics Backtested Returns

Macroaxis considers Arrow Electronics to be not too risky. Arrow Electronics secures Sharpe Ratio (or Efficiency) of -0.0516 which signifies that Arrow Electronics had -0.0516% of return per unit of risk over the last 2 months. 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-eight 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 0.066192 and Mean Deviation of 1.35 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 0.1464 which signifies that as returns on market increase, Arrow Electronics returns are expected to increase less than the market. However during bear market, the loss on holding Arrow Electronics will be expected to be smaller as well.. 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-eight different technical indicators which can help you to evaluate its performance. Arrow Electronics has expected return of -0.0953%. Please be advised to confirm Arrow Electronics Value At Risk as well as the relationship between Kurtosis and Market Facilitation Index 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 0.11 

Insignificant predictability

Arrow Electronics has insignificant predictability. Overlapping area represents the amount of predictability between Arrow Electronics time series from February 19, 2018 to March 21, 2018 and March 21, 2018 to April 20, 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 0.11 indicates that less than 11.0% of current Arrow Electronics price fluctuation can be explain by its past prices.
Correlation Coefficient 0.11
Spearman Rank Test -0.02
Price Variance 2.69
Lagged Price Variance 1.32

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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BATS Exchange Efficient Frontier

Diversify in USA Market
The main assumption in equity investing is that a higher degree of volatility (or risk) means a higher potential (or expected) return on investment. Conversely, investors who take on a low degree of risk have a low expection for return.
Diversify Portfolios
You can create optimal portfolios in USA market or optimize your existing portfolio in one of two ways: 1) For any level of risk, select the one which has the highest expected return. 2) For any expected return, select the one which has the lowest volatility.
Diversify Portfolios
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..