Arrow Price to Earning from 2010 to 2024
| ARW Stock | USD 122.04 0.08 0.07% |
Check Arrow Electronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arrow main balance sheet or income statement drivers, such as Depreciation And Amortization of 96.4 M, Interest Expense of 345.2 M or Selling General Administrative of 1.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.0027 or PTB Ratio of 1.07. Arrow financial statements analysis is a perfect complement when working with Arrow Electronics Valuation or Volatility modules.
Arrow | Price to Earning |
About Arrow Electronics Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Arrow Electronics income statement, its balance sheet, and the statement of cash flows. Arrow Electronics investors use historical funamental indicators, such as Arrow Electronics's Price to Earning, to determine how well the company is positioned to perform in the future. Although Arrow Electronics investors may use each financial statement separately, they are all related. The changes in Arrow Electronics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arrow Electronics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Arrow Electronics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Arrow Electronics. Please read more on our technical analysis and fundamental analysis pages.
Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado. Arrow Electronics operates under Electronics Computer Distribution classification in the United States and is traded on New York Stock Exchange. It employs 20700 people.
Pair Trading with Arrow Electronics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arrow Electronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arrow Electronics will appreciate offsetting losses from the drop in the long position's value.Moving together with Arrow Stock
| 0.88 | AVT | Avnet Inc Financial Report 1st of May 2024 | PairCorr |
| 0.88 | SNX | Synnex Financial Report 25th of June 2024 | PairCorr |
Moving against Arrow Stock
| 0.82 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.8 | G | Genpact Limited Sell-off Trend | PairCorr |
| 0.76 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.75 | DT | Dynatrace Holdings LLC Sell-off Trend | PairCorr |
| 0.74 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to Arrow Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arrow Electronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arrow Electronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arrow Electronics to buy it.
The correlation of Arrow Electronics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arrow Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arrow Electronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arrow Electronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Arrow Electronics Correlation against competitors. For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Arrow Stock analysis
When running Arrow Electronics' price analysis, check to measure Arrow Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arrow Electronics is operating at the current time. Most of Arrow Electronics' value examination focuses on studying past and present price action to predict the probability of Arrow Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arrow Electronics' price. Additionally, you may evaluate how the addition of Arrow Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Arrow Electronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arrow Electronics. If investors know Arrow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arrow Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Earnings Share 15.83 | Revenue Per Share 587.433 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0456 |
The market value of Arrow Electronics is measured differently than its book value, which is the value of Arrow that is recorded on the company's balance sheet. Investors also form their own opinion of Arrow Electronics' value that differs from its market value or its book value, called intrinsic value, which is Arrow Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arrow Electronics' market value can be influenced by many factors that don't directly affect Arrow Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arrow Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrow Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrow Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.