Arista Networks Inc Shares Up 3.05 percent on Jan 3
| ANET Stock | USD 115.29 3.69 3.10% |
Slightly above 62% of Arista Networks' investor base is looking to short. The analysis of overall sentiment of trading Arista Networks stock suggests that many investors are alarmed at this time. Arista Networks' investing sentiment can be driven by a variety of factors including economic data, Arista Networks' earnings reports, geopolitical events, and overall market trends.
Arista |
Shares of Arista Networks Inc surged 3.05 percent in mid-day trading on Jan 3. The stock reached an intraday high of 115.48, before settling at 115.20, up
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Arista Networks Fundamental Analysis
We analyze Arista Networks' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arista Networks using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arista Networks based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Target Price
Target Price Comparative Analysis
Arista Networks is currently under evaluation in target price category among its peers.
Arista Networks Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Arista Networks stock to make a market-neutral strategy. Peer analysis of Arista Networks could also be used in its relative valuation, which is a method of valuing Arista Networks by comparing valuation metrics with similar companies.
Peers
Arista Networks Related Equities
| CRCT | Cricut | 0.34 | ||||
| HPQ | HP | 0.59 | ||||
| NTAP | NetApp | 0.69 | ||||
| DDD | 3D Systems | 1.45 | ||||
| PSTG | Pure Storage | 2.51 | ||||
| DELL | Dell Technologies | 2.72 | ||||
| SSYS | Stratasys | 2.85 | ||||
| IONQ | IONQ | 2.90 | ||||
| QUBT | Quantum Computing | 3.32 | ||||
| DM | Desktop Metal | 3.67 | ||||
| SMCI | Super Micro | 5.68 | ||||
| RGTI | Rigetti Computing | 5.74 | ||||
| QBTS | D Wave | 6.46 | ||||
| NNDM | Nano Dimension | 7.63 |
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.