Arrow Electronics Inc shows Risk Adjusted Performance of 0.1738 and Mean Deviation of 0.5714. Arrow Electronics Inc 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 Inc which can be compared to its rivals. Please confirm Arrow Electronics IncStandard Deviation, Value At Risk as well as the relationship between Value At Risk and Kurtosis to decide if Arrow Electronics Inc is priced correctly providing market reflects its regular price of 84.13 per share. Given that Arrow Electronics has Jensen Alpha of 0.2906, we suggest you validate Arrow Electronics Inc prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was six with a total number of output elements of eleven. 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 Inc 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 Inc Trend Analysis
Use this graph to draw trend lines for Arrow Electronics Inc. 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 Inc applied against its price change over selected period. The best fit line has a slop of 0.28 % which may imply that Arrow Electronics Inc will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 62.63, which is the sum of squared deviations for the predicted Arrow Electronics price change compared to its average price change.
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Arrow Electronics Inc is rated below average in mean deviation category among related companies. It is rated below average in standard deviation category among related companies creating about 1.42 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Arrow Electronics Inc is roughly 1.42