|Horizon||30 Days Login to change|
Arrow Electronics Market Sensitivity
|As returns on market increase, returns on owning Arrow Electronics are expected to decrease at a much smaller rate. During bear market, Arrow Electronics is likely to outperform the market.One Month Beta |Analyze Arrow Electronics Demand TrendCheck current 30 days Arrow Electronics correlation with market (DOW)|
β = -0.1342
Arrow Electronics Technical Analysis
Arrow Electronics Projected Return Density Against MarketConsidering 30-days investment horizon, Arrow Electronics has beta of -0.1342 . This suggests as returns on benchmark increase, returns on holding Arrow Electronics are expected to decrease at a much smaller rate. During bear market, however, Arrow Electronics is likely to outperform the market. Additionally, Arrow Electronics has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Arrow Electronics Return VolatilityArrow Electronics has volatility of 0.8541% on return distribution over 30 days investment horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.