Arista Competitors

Stocks . Brazil . 
Stock . Arista Networks
A1NE34 Stock  BRL 134.98  0.44  0.33%   
Arista Networks competes with METISA Metalrgica, United Airlines, Autohome, MAHLE Metal, and Marfrig Global; as well as few others. The company operates under Technology sector and is part of Computer Hardware industry. Analyzing Arista Networks competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Arista Networks to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Arista Networks Correlation with its peers.
For information on how to trade Arista Stock refer to our How to Trade Arista Stock guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Arista Networks competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
130.68134.98139.28
Details
Intrinsic
Valuation
LowRealHigh
110.43114.73148.48
Details
Naive
Forecast
LowNextHigh
124.92129.22133.53
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
126.54159.09191.64
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Arista Networks. Your research has to be compared to or analyzed against Arista Networks' peers to derive any actionable benefits. When done correctly, Arista Networks' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Arista Networks.

Arista Networks Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Arista Networks and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Arista and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Arista Networks does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
U2NF34
+ 0.69
MTSA4
TSNF34
+ 0.66
MRFG3
LEVE3
+ 0.62
MTSA4
A2SO34
+ 0.58
U1AL34
LEVE3
+ 0.52
A1TH34
LEVE3
+ 0.5
U2NF34
  
High negative correlations   
MRFG3
- 0.8
MTSA4
MRFG3
- 0.65
U2NF34
TSNF34
- 0.65
MTSA4
MRFG3
- 0.57
LEVE3
MRFG3
- 0.49
A1TH34
U1AL34
- 0.45
U2NF34

Risk-Adjusted Indicators

There is a big difference between Arista Stock performing well and Arista Networks Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Arista Networks' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Arista Networks Competitive Analysis

The better you understand Arista Networks competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Arista Networks' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Arista Networks' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
A1NE34 MTSA4 U2NF34 U1AL34 A2SO34 A1TH34 LEVE3 MRFG3 TSNF34
 0.33 
 134.98 
Arista
 0.94 
 43.80 
METISA
 1.08 
 46.85 
United
 2.75 
 274.79 
United
 0.00 
 74.44 
Academy
 0.06 
 16.90 
Autohome
 0.47 
 27.61 
MAHLE
 10.15 
 13.63 
Marfrig
 0.00 
 347.76 
Tyson
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Somewhat reliable
Very steady
Market Performance
(90 Days Performance)
Very Weak
Solid
OK
Very Weak
Insignificant
Weak
Insignificant
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Unknown
Below Average
Unknown
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Over Valued
Over Valued
Under Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Buy
Hold
Hold
Strong Buy
Hold
Hold
Strong Sell
Cautious Hold
Current Ratio
5.03
4.13
1.13
N/A
2.05
1.29
1.49
Net Asset
5.73 B
467.87 M
68.17 B
28.53 B
2.94 B
48 B
36.82 B
Profit Margin
0.3
0.11
0.0164
0.23
0.14
0.0465
0.0454
EBITDA
975.07 M
85.98 M
1.5 B
2.21 B
832.02 M
12.21 B
5.72 B
Operating Margin
0.34
0.15
0.0551
0.14
0.14
0.0822
0.0639
Current Valuation
172.2 B
439.18 M
167.14 B
6.08 B
3.94 B
46.17 B
162.02 B
Price To Book
8.83
0.91
2.74
4.73
2.32
0.68
1.16
Five Year Return
N/A
N/A
N/A
N/A
4.84
N/A
N/A
Retained Earnings
N/A
N/A
N/A
N/A
N/A
(3.63 B)
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
9.39 B
N/A
Beta
1.26
0.89
1.44
0.16
1.01
0.53
0.73
Number Of Employees
2.99 K
1.14 K
92.8 K
5.52 K
7.39 K
31.78 K
142 K
Shares Outstanding
1.22 B
4.58 M
653.86 M
5.02 B
128.31 M
659.69 M
355.63 M
Cash Flow From Operations
1.02 B
(38.96 M)
2.07 B
3.52 B
357.9 M
9.03 B
2.69 B
Annual Yield
N/A
0.0452
N/A
0.0131
0.0535
0.25
0.031
Total Debt
64.3 M
39.24 K
30.36 B
N/A
100.07 M
23.96 B
7.86 B
Return On Equity
0.28
0.24
0.12
0.0619
0.34
0.32
0.13
Z Score
N/A
N/A
1.2
N/A
28.0
1.0
9.4
Return On Asset
0.14
0.14
0.0228
0.0204
0.12
0.0653
0.0583
Book Value Per Share
3.59
42.37
41.78
189.59
12.84
10.36
55.21
Current Liabilities
N/A
N/A
N/A
N/A
N/A
7.44 B
N/A
Total Asset
5.73 B
467.87 M
68.17 B
28.53 B
2.94 B
48 B
36.82 B
Debt To Equity
0.017
7.8
6.77
N/A
0.14
6.54
0.62
Last Dividend Paid
N/A
1.38
N/A
3.37
3.66
2.25
1.86
Target Price
N/A
N/A
N/A
N/A
27.0
19.39
N/A
Shares Owned By Institutions
N/A
17.0
N/A
0.014
14.88
18.41
N/A
Market Capitalization
216.41 B
512.88 M
85.73 B
94.51 B
4.51 B
4.41 B
112.74 B
Price To Earning
17.19
11.53
N/A
N/A
9.96
2.31
12.52
Price To Earnings To Growth
1.29
N/A
N/A
N/A
2.74
0.7
2.43
Price To Sales
54.3
0.61
1.64
12.23
0.88
0.0447
2.3
Net Income
840.85 M
53.19 M
(1.96 B)
2.25 B
566.86 M
4.34 B
3.24 B
Earnings Per Share
4.65
8.9
5.89
0.22
4.47
8.42
35.75
Shares Owned By Insiders
N/A
32.8
N/A
N/A
7.0
52.08
N/A
Revenue
2.95 B
583.84 M
24.63 B
7.24 B
3.62 B
85.39 B
53.28 B
Working Capital
N/A
N/A
N/A
N/A
N/A
1.96 B
N/A
Cash And Equivalents
3.28 B
64.31 M
12.97 B
N/A
317.66 M
358.82 M
1.61 B
Cash Per Share
42.78
7.69
80.2
N/A
1.92
16.76
4.42
Gross Profit
1.88 B
162.84 M
13.1 B
6.23 B
986.96 M
17.2 B
6.62 B
Day Typical Price
134.22
43.51
46.85
274.35
74.44
16.89
27.69
14.13
347.76
Accumulation Distribution
0.0354
0.028
N/A
0.0278
N/A
0.0024
0.0175
0.1
N/A
Market Facilitation Index
4.83
1.23
N/A
7.74
N/A
0.04
0.49
1.53
N/A
Daily Balance Of Power
0.0911
0.3333
9.2 T
0.9496
0.0
(0.25)
(0.27)
(1.01)
0.0
Period Momentum Indicator
0.44
0.41
0.5
7.35
N/A
(0.01)
(0.13)
(1.54)
N/A
Rate Of Daily Change
1.0
1.01
1.01
1.03
1.0
1.0
1.0
0.9
1.0
Day Median Price
133.85
43.36
46.85
274.13
74.44
16.88
27.74
14.38
347.76
Price Action Indicator
1.35
0.64
0.25
4.34
N/A
0.015
(0.19)
(1.51)
N/A
Coefficient Of Variation
(2,662)
443.02
972.16
(3,294)
1968.39
4041.81
1662.75
(1,217)
(890.91)
Mean Deviation
2.83
1.35
2.36
2.01
0.8315
1.32
1.18
2.36
1.0
Jensen Alpha
(0.11)
0.3931
0.4054
(0.05)
0.1195
0.0651
0.1191
(0.28)
(0.17)
Total Risk Alpha
0.1768
0.522
0.7256
0.1138
0.3149
0.2139
0.2112
(0.01)
(0.06)
Sortino Ratio
N/A
0.3138
0.1864
N/A
N/A
0.0386
0.098
N/A
N/A
Downside Variance
N/A
1.98
6.15
N/A
N/A
7.11
2.18
N/A
N/A
Standard Deviation
4.3
1.73
4.0
2.45
2.47
2.12
1.57
3.14
1.57
Kurtosis
9.13
0.1991
20.74
(0.54)
13.91
1.96
0.0832
1.87
2.14
Potential Upside
5.43
3.06
5.15
3.36
7.07
3.73
3.07
4.55
2.38
Treynor Ratio
(0.17)
2.0
6.43
(0.14)
1.64
0.1129
0.1467
0.9982
(0.53)
Maximum Drawdown
27.49
8.28
30.26
9.86
21.56
10.88
6.58
19.05
7.86
Variance
18.53
3.01
16.02
5.99
6.08
4.49
2.46
9.89
2.48
Market Risk Adjusted Performance
(0.16)
2.01
6.44
(0.13)
1.65
0.1229
0.1567
1.01
(0.52)
Risk Adjusted Performance
(0.02)
0.1744
0.085
(0.02)
0.0449
0.025
0.0502
(0.05)
(0.08)
Skewness
(1.94)
0.056
3.66
(0.44)
0.1131
0.0579
0.0989
(0.43)
(1.31)
Semi Deviation
N/A
1.09
2.08
N/A
N/A
1.85
1.37
N/A
N/A
Information Ratio
(0.03)
0.2548
0.1155
(0.01)
0.0713
0.0486
0.0923
(0.07)
(0.08)
Value At Risk
(5.87)
(2.66)
(3.44)
(3.68)
(1.69)
(3.62)
(2.19)
(5.19)
(3.63)
Expected Short fall
N/A
(2.10)
(3.17)
N/A
N/A
(1.80)
(1.33)
N/A
N/A
Downside Deviation
N/A
1.41
2.48
N/A
N/A
2.67
1.48
N/A
N/A
Semi Variance
N/A
1.2
4.32
N/A
N/A
3.4
1.88
N/A
N/A

Arista Networks Competition Performance Charts

Five steps to successful analysis of Arista Networks Competition

Arista Networks' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Arista Networks in relation to its competition. Arista Networks' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Arista Networks in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Arista Networks' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Arista Networks, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Arista Networks position

In addition to having Arista Networks in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Additional Information and Resources on Investing in Arista Stock

When determining whether Arista Networks is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Arista Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Arista Networks Stock. Highlighted below are key reports to facilitate an investment decision about Arista Networks Stock:
How To Invest In Arista
Details
Is Arista Stock a good investment?
Details
What is Arista Networks' Net Worth?
Details
Largest Communications Equipment Companies
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Largest Technology Hardware & Equipment Companies
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Check out Arista Networks Correlation with its peers.
For information on how to trade Arista Stock refer to our How to Trade Arista Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Arista Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arista Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arista Networks' 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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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