Arrow Electronics shows Risk Adjusted Performance of 0.13 and Mean Deviation of 1.41. Arrow Electronics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Arrow Electronics which can be compared to its rivals. Please confirm Arrow ElectronicsStandard Deviation, Value At Risk as well as the relationship between Value At Risk and Kurtosis to decide if Arrow Electronics is priced correctly providing market reflects its regular price of 75.59 per share. Given that Arrow Electronics has Jensen Alpha of 0.15, we suggest you validate Arrow Electronics prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was fifteen with a total number of output elements of twenty-four. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Arrow Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Arrow Electronics Trend Analysis
Use this graph to draw trend lines for Arrow Electronics. You can use it to identify possible trend reversals for Arrow Electronics as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Arrow Electronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Arrow Electronics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Arrow Electronics applied against its price change over selected period. The best fit line has a slop of 0.14 % which may imply that the returns on investment in Arrow Electronics will continue to fail. It has 78 observation points and a regression sum of squares at 207.23, which is the sum of squared deviations for the predicted Arrow Electronics price change compared to its average price change.
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