L3Harris Technologies Stock Forecast - 20 Period Moving Average

L3Harris Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast L3Harris Technologies historical stock prices and determine the direction of L3Harris Technologies's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of L3Harris Technologies historical fundamentals such as revenue growth or operating cash flow patterns. Although L3Harris Technologies naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of L3Harris Technologies systematic risk associated with finding meaningful patterns of L3Harris Technologies fundamentals over time.
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L3Harris Technologies Inventory Turnover is fairly stable at the moment as compared to the past year. L3Harris Technologies reported Inventory Turnover of 12.72 in 2021. Accounts Payable Turnover is likely to rise to 13.64 in 2022, whereas PPandE Turnover is likely to drop 7.75 in 2022. . Weighted Average Shares is likely to drop to about 179.9 M in 2022. Weighted Average Shares Diluted is likely to drop to about 108.4 M in 2022.
Most investors in L3Harris Technologies cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the L3Harris Technologies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets L3Harris Technologies' price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for L3Harris Technologies is based on a synthetically constructed L3Harris Technologiesdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. L3Harris Technologies 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for L3Harris Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as L3Harris Technologies. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of L3Harris Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of L3Harris Technologies in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
241.91243.39244.87
Details
Intrinsic
Valuation
LowReal ValueHigh
219.06246.39247.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
221.89240.05258.20
Details
12 Analysts
Consensus
LowTarget PriceHigh
225.00250.78270.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as L3Harris Technologies. Your research has to be compared to or analyzed against L3Harris Technologies' peers to derive any actionable benefits. When done correctly, L3Harris Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in L3Harris Technologies.

View Currently Related Equities

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 L3Harris Technologies stock to make a market-neutral strategy. Peer analysis of L3Harris Technologies could also be used in its relative valuation, which is a method of valuing L3Harris Technologies by comparing valuation metrics with similar companies.

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Our tools can tell you how much better you can do entering a position in L3Harris Technologies without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Stocks Correlation. Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for L3Harris Stock

When running L3Harris Technologies price analysis, check to measure L3Harris Technologies' 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 L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.
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