Arista Networks Stock Price on December 31, 2023

ANET Stock  USD 408.33  8.61  2.15%   
Below is the normalized historical share price chart for Arista Networks extending back to June 06, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Arista Networks stands at 408.33, as last reported on the 28th of November, with the highest price reaching 413.90 and the lowest price hitting 402.48 during the day.
IPO Date
6th of June 2014
200 Day MA
331.5938
50 Day MA
394.9838
Beta
1.077
 
Yuan Drop
 
Covid
If you're considering investing in Arista Stock, it is important to understand the factors that can impact its price. Arista Networks appears to be very steady, given 3 months investment horizon. Arista Networks secures Sharpe Ratio (or Efficiency) of 0.095, which signifies that the company had a 0.095% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Arista Networks, which you can use to evaluate the volatility of the firm. Please makes use of Arista Networks' Downside Deviation of 2.72, risk adjusted performance of 0.0967, and Mean Deviation of 1.72 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Arista Networks' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 37.4 K in 2024, whereas Sale Purchase Of Stock is likely to drop (117.9 M) in 2024. . At this time, Arista Networks' Price Earnings Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.69 in 2024, whereas Price To Sales Ratio is likely to drop 11.90 in 2024. Arista Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.095

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Estimated Market Risk

 2.49
  actual daily
22
78% of assets are more volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Arista Networks is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Arista Networks by adding it to a well-diversified portfolio.
Price Book
13.7031
Enterprise Value Ebitda
42.9701
Price Sales
19.1584
Shares Float
258 M
Wall Street Target Price
427.3905

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Arista Networks Valuation on December 31, 2023

It is possible to determine the worth of Arista Networks on a given historical date. On December 31, 2023 Arista was worth 237.53 at the beginning of the trading date compared to the closed value of 235.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arista Networks stock. Still, in general, we apply an absolute valuation method to find Arista Networks' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Arista Networks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arista Networks' related companies.
 Open High Low Close Volume
  237.56    237.85    236.35    236.97    717,374  
12/29/2023
  237.53    237.90    234.92    235.51    901,385  
  234.00    234.25    228.29    231.56    1,409,213  
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Open Value
237.53
230.05
Downside
235.51
Closing Value
245.01
Upside

Arista Networks Trading Date Momentum on December 31, 2023

On January 02 2024 Arista Networks was traded for  231.56  at the closing time. The top price for the day was 234.25  and the lowest listed price was  228.29 . The trading volume for the day was 1.4 M. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.68% . The overall trading delta against the current closing price is 0.22% .

Arista Networks Fundamentals Correlations and Trends

By evaluating Arista Networks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Arista Networks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arista financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Arista Networks Stock history

Arista Networks investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Arista is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arista Networks will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Arista Networks stock prices may prove useful in developing a viable investing in Arista Networks
Last ReportedProjected for Next Year
Common Stock Shares Outstanding317.1 M307.6 M
Net Income Applicable To Common Shares1.6 B1.6 B

Arista Networks Quarterly Net Working Capital

7.68 Billion

Arista Networks Stock Technical Analysis

Arista Networks technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Arista Networks technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Arista Networks trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Arista Networks Period Price Range

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November 28, 2024
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Arista Networks November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Arista Networks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arista Networks shares will generate the highest return on investment. By undertsting and applying Arista Networks stock market strength indicators, traders can identify Arista Networks entry and exit signals to maximize returns

Arista Networks Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Arista Networks' price direction in advance. Along with the technical and fundamental analysis of Arista Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arista to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Arista Stock Analysis

When running Arista Networks' price analysis, check to measure Arista Networks' 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 Arista Networks is operating at the current time. Most of Arista Networks' value examination focuses on studying past and present price action to predict the probability of Arista Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arista Networks' price. Additionally, you may evaluate how the addition of Arista Networks to your portfolios can decrease your overall portfolio volatility.