Arrow Electronics Backtesting

ARW -- USA Stock  

USD 73.71  1.60  0.02%

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.
Horizon     30 Days    Login   to change

Arrow Electronics 'What if' Analysis

November 23, 2018
No Change 0.00  0.0%
In 2 months and 2 days
January 22, 2019
If you would invest  0.00  in Arrow Electronics on November 23, 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 ADDvantage Technologies, Avnet, Littelfuse, Asia Pacific, Diodes Incorporated, and Aquantia Corp. Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic comp...

Arrow Electronics Upside/Downside Indicators

Downside Deviation2.56
Information Ratio0.034
Maximum Drawdown14.05
Value At Risk(3.98)
Potential Upside2.8

Arrow Electronics Market Premium Indicators

Risk Adjusted Performance0.0318
Jensen Alpha0.0304
Total Risk Alpha0.1021
Sortino Ratio0.0334
Treynor Ratio0.7507

Arrow Electronics Backtested Returns

We consider Arrow Electronics not too risky. Arrow Electronics secures Sharpe Ratio (or Efficiency) of 0.0182 which signifies that the organization had 0.0182% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Arrow Electronics which you can use to evaluate future volatility of the firm. Please confirm Arrow Electronics Mean Deviation of 1.77, Downside Deviation of 2.56 and Risk Adjusted Performance of 0.0318 to double-check if risk estimate we provide are consistent with the epected return of 0.0456%. Arrow Electronics has performance score of 1 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.0376 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. Although it is extremely important to respect Arrow Electronics historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Arrow Electronics technical indicators you can presently evaluate if the expected return of 0.0456% will be sustainable into the future. Arrow Electronics right now shows a risk of 2.5032%. Please confirm Arrow Electronics Value At Risk as well as the relationship between Kurtosis and Market Facilitation Index to decide if Arrow Electronics will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.65) 
correlation synergy

Very good reverse predictability

Arrow Electronics has very good reverse predictability. Overlapping area represents the amount of predictability between Arrow Electronics time series from November 23, 2018 to December 23, 2018 and December 23, 2018 to January 22, 2019. 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 -0.65 indicates that roughly 65.0% 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-0.65
Spearman Rank Test-0.83
Residual Average0.0
Price Variance13.59

Arrow Electronics lagged returns against current returns

 Current and Lagged Values 

Arrow Electronics regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Arrow Electronics Lagged Returns

 Regressed Prices 

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?
98% Bullish
2% Bearish

Arrow Electronics 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.