L3Harris Technologies Stock Forecast - Day Typical Price

LHX
 Stock
  

USD 243.24  1.54  0.64%   

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.
Additionally, see Historical Fundamental Analysis of L3Harris Technologies to cross-verify your projections.
  
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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.

Open Interest Agains t 2022-07-15 L3Harris Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast L3Harris Technologies' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest L3Harris Technologies' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies L3Harris Technologies stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current L3Harris Technologies' open interest, investors have to compare it to L3Harris Technologies' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of L3Harris Technologies is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in L3Harris. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
L3Harris Technologies has current Day Typical Price of 0.
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.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.

L3Harris Technologies Current Investor Sentiment

Investor biases related to L3Harris Technologies' public news can be used to forecast risks associated with investment in L3Harris. The trend in average sentiment can be used to explain how an investor holding L3Harris can time the market purely based on public headlines and social activities around L3Harris Technologies. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
L3Harris Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for L3Harris Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average L3Harris Technologies' news discussions. The higher the estimate score, the more favorable is the investor's outlook on L3Harris Technologies.
  Previous Day Typical PriceDay Typical PriceTrend
242.140
Check L3Harris Technologies VolatilityBacktest L3Harris TechnologiesInformation Ratio  

L3Harris Technologies Trading Date Momentum

On July 04 2022 L3Harris Technologies was traded for  243.24  at the closing time. Highest L3Harris Technologies's price during the trading hours was 244.64  and the lowest price during the day was  238.55 . There was no trading activity during the period 0.0. Lack of trading volume on the 4th of July did not cause price change. The trading delta at closing time to current price is 0.45% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare L3Harris Technologies to competition

Other Forecasting Options for L3Harris Technologies

For every potential investor in L3Harris, whether a beginner or expert, L3Harris Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. L3Harris Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in L3Harris. Basic forecasting techniques help filter out the noise by identifying L3Harris Technologies' price trends.

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.

L3Harris Technologies Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of L3Harris Technologies' price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of L3Harris Technologies' current price.

L3Harris Technologies Risk Indicators

The analysis of L3Harris Technologies' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in L3Harris Technologies' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting L3Harris Technologies stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

L3Harris Technologies Investors Sentiment

The influence of L3Harris Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in L3Harris. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

L3Harris Technologies Implied Volatility

    
  16.95  
L3Harris Technologies' implied volatility exposes the market's sentiment of L3Harris Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if L3Harris Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that L3Harris Technologies stock will not fluctuate a lot when L3Harris Technologies' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards L3Harris Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, L3Harris Technologies' short interest history, or implied volatility extrapolated from L3Harris Technologies options trading.

Current Sentiment - LHX

L3Harris Technologies Investor Sentiment

Macroaxis portfolio users are evenly split in their trading attitude regarding investing in L3Harris Technologies. What is your trading attitude regarding investing in L3Harris Technologies? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as L3Harris Technologies using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Additionally, see Historical Fundamental Analysis of L3Harris Technologies to cross-verify your projections. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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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Is L3Harris Technologies' 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 L3Harris Technologies. If investors know L3Harris 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 L3Harris Technologies 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 YOY
0.087
Market Capitalization
46.9 B
Quarterly Revenue Growth YOY
-0.1
Return On Assets
0.046
Return On Equity
0.0929
The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' 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 L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' 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 L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine L3Harris Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' 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.