L3Harris Technologies Stock Forecast - Price Action Indicator

LHX
 Stock
  

USD 229.61  13.63  5.60%   

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 Price Action Indicator of (11.08).
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.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.

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 Price Action IndicatorPrice Action IndicatorTrend
2.2(11.08)
Check L3Harris Technologies VolatilityBacktest L3Harris TechnologiesInformation Ratio  

L3Harris Technologies Trading Date Momentum

On July 05 2022 L3Harris Technologies was traded for  229.61  at the closing time. Highest L3Harris Technologies's price during the trading hours was 240.50  and the lowest price during the day was  227.26 . The net volume was 432.4 K. The overall trading history on the 5th of July did not cause price change. The trading delta at closing time to current price is 4.46% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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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 Market Strength Events

Market strength indicators help investors to evaluate how L3Harris Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading L3Harris Technologies shares will generate the highest return on investment. By undertsting and applying L3Harris Technologies stock market strength indicators, traders can identify L3Harris Technologies entry and exit signals to maximize returns.

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.

Be your own money manager

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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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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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.