L3HARRIS Stock Performance

The firm secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. Let's try to break down what L3HARRIS's beta means in this case. the returns on MARKET and L3HARRIS TECHNOLOGIES are completely uncorrelated. Although it is important to respect L3HARRIS TECHNOLOGIES INC price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. The way in which we are estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing L3HARRIS TECHNOLOGIES INC technical indicators, you can at this time evaluate if the expected return of 0.0% will be sustainable into the future. L3HARRIS TECHNOLOGIES INC at this moment secures a risk of 0.0%. Please verify L3HARRIS TECHNOLOGIES INC semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if L3HARRIS TECHNOLOGIES INC will be following its current price movements.
L3HARRIS Performance
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Over the last 90 days L3HARRIS TECHNOLOGIES INC has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, L3HARRIS TECHNOLOGIES is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
Quick Ratio1.09
Target High Price245.00
Target Low Price170.00

L3HARRIS TECHNOLOGIES Relative Risk vs. Return Landscape

If you would invest  0.00  in L3HARRIS TECHNOLOGIES INC on May 19, 2022 and sell it today you would earn a total of  0.00  from holding L3HARRIS TECHNOLOGIES INC or generate 0.0% return on investment over 90 days. L3HARRIS TECHNOLOGIES INC is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than L3HARRIS, and above 99% of all equities are expected to generate higher returns over the next 90 days.
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Today, many novice investors tend to focus exclusively on investment returns with little concern for L3HARRIS TECHNOLOGIES's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as L3HARRIS TECHNOLOGIES INC, and traders can use it to determine the average amount a L3HARRIS TECHNOLOGIES's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0

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Based on monthly moving average L3HARRIS TECHNOLOGIES is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of L3HARRIS TECHNOLOGIES by adding it to a well-diversified portfolio.

Things to note about L3HARRIS TECHNOLOGIES INC

Checking the ongoing alerts about L3HARRIS TECHNOLOGIES for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for L3HARRIS TECHNOLOGIES INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.


Equity Alerts and Improvement Suggestions

L3HARRIS TECHNOLOGIES is now traded under the symbol LHX. Please update your portfolios or report it if you believe this is an error. Report It!
Check out Risk vs Return Analysis. Note that the L3HARRIS TECHNOLOGIES INC information on this page should be used as a complementary analysis to other L3HARRIS TECHNOLOGIES's 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 INC price analysis, check to measure L3HARRIS TECHNOLOGIES's 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's value examination focuses on studying past and present price action to predict the probability of L3HARRIS TECHNOLOGIES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move L3HARRIS TECHNOLOGIES's price. Additionally, you may evaluate how the addition of L3HARRIS TECHNOLOGIES to your portfolios can decrease your overall portfolio volatility.
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