Arrow Electronics Backtesting

ARW -- USA Stock  

USD 66.46  1.36  2.01%

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
SymbolX
Backtest

Arrow Electronics 'What if' Analysis

September 15, 2018
0.00
No Change 0.00  0.0%
In 31 days
October 15, 2018
0.00
If you would invest  0.00  in Arrow Electronics on September 15, 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, Avnet, Littelfuse, Asia Pacific, Diodes Incorporated, and BlackLine. Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic comp...

Arrow Electronics Upside/Downside Indicators

Information Ratio0.49
Maximum Drawdown5.42
Value At Risk2.01
Potential Upside0.5434
  

Arrow Electronics Market Premium Indicators

Risk Adjusted Performance0.63
Jensen Alpha0.60
Total Risk Alpha0.52
Treynor Ratio1.30

Arrow Electronics Backtested Returns

Macroaxis considers Arrow Electronics to be not too risky. Arrow Electronics secures Sharpe Ratio (or Efficiency) of -0.5968 which signifies that Arrow Electronics had -0.5968% 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 0.63 and Mean Deviation of 0.7282 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 0.5187 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-one different technical indicators which can help you to evaluate its performance. Arrow Electronics has expected return of -0.6348%. 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 0.91 

Excellent predictability

Arrow Electronics has excellent predictability. Overlapping area represents the amount of predictability between Arrow Electronics time series from September 15, 2018 to September 30, 2018 and September 30, 2018 to October 15, 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 0.91 indicates that approximately 91.0% of current Arrow Electronics price fluctuation can be explain by its past prices.
Correlation Coefficient0.91
Spearman Rank Test0.73
Residual Average0.0
Price Variance7.39

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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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.
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