L3Harris Investments vs Receivables Analysis

LHX
 Stock
  

USD 240.03  3.29  1.39%   

L3Harris Technologies financial indicator trend analysis is infinitely more than just investigating L3Harris Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether L3Harris Technologies is a good investment. Please check the relationship between L3Harris Technologies Investments and its Trade and Non Trade Receivables accounts. Additionally, see Stocks Correlation.

Investments vs Trade and Non Trade Receivables

Investments vs Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Investments account and Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between L3Harris Technologies' Investments and Receivables is 0.33. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Receivables in the same time period over historical financial statements of L3Harris Technologies, assuming nothing else is changed. The correlation between historical values of L3Harris Technologies' Investments and Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of L3Harris Technologies are associated (or correlated) with its Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables has no effect on the direction of Investments i.e., L3Harris Technologies' Investments and Receivables go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Investments

A component of Total Assets representing the total amount of marketable and non-marketable securties; loans receivable and other invested assets.

Trade and Non Trade Receivables

A component of Total Assets representing trade and non-trade receivables.
Most indicators from L3Harris Technologies fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into L3Harris Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Additionally, see Stocks Correlation.L3Harris Technologies Net Loss Income from Discontinued Operations is fairly stable at the moment as compared to the past year. L3Harris Technologies reported Net Loss Income from Discontinued Operations of 1,000,000 in 2021. Selling General and Administrative Expense is likely to rise to about 3.5 B in 2022, whereas Issuance Purchase of Equity Shares is likely to drop (3.7 B) in 2022.
 2010 2021 2022 (projected)
Consolidated Income1.09 B1.84 B1.99 B
Direct Expenses12.89 B12.44 B13.42 B

L3Harris Technologies fundamental ratios Correlations

0.76-0.75-0.360.96-0.30.731.0-0.661.0-0.85-0.16-0.160.990.210.210.960.90.91-0.75-1.00.680.46-0.87
0.76-1.00.330.910.391.00.73-0.990.74-0.990.520.520.850.330.330.920.410.96-1.0-0.810.990.93-0.98
-0.75-1.0-0.35-0.9-0.41-1.0-0.710.99-0.730.98-0.54-0.54-0.83-0.33-0.33-0.91-0.39-0.961.00.8-1.0-0.940.98
-0.360.33-0.35-0.081.00.37-0.4-0.46-0.39-0.180.980.98-0.220.170.17-0.08-0.720.07-0.350.280.440.66-0.14
0.960.91-0.9-0.08-0.020.90.94-0.850.95-0.970.120.130.990.270.271.00.750.99-0.9-0.980.860.7-0.98
-0.30.39-0.411.0-0.020.42-0.35-0.51-0.33-0.240.990.99-0.160.190.19-0.01-0.680.13-0.410.220.50.7-0.2
0.731.0-1.00.370.90.420.7-1.00.71-0.980.550.550.820.330.330.90.370.95-1.0-0.791.00.94-0.97
1.00.73-0.71-0.40.94-0.350.7-0.631.0-0.83-0.21-0.210.980.190.190.940.920.89-0.71-0.990.640.42-0.85
-0.66-0.990.99-0.46-0.85-0.51-1.0-0.63-0.640.96-0.63-0.63-0.76-0.33-0.33-0.85-0.28-0.920.990.72-1.0-0.970.94
1.00.74-0.73-0.390.95-0.330.711.0-0.64-0.84-0.19-0.190.990.20.20.950.920.89-0.73-0.990.650.44-0.86
-0.85-0.990.98-0.18-0.97-0.24-0.98-0.830.96-0.84-0.38-0.38-0.92-0.31-0.31-0.97-0.55-0.990.980.89-0.96-0.861.0
-0.160.52-0.540.980.120.990.55-0.21-0.63-0.19-0.381.0-0.020.230.230.13-0.570.27-0.540.080.620.8-0.34
-0.160.52-0.540.980.130.990.55-0.21-0.63-0.19-0.381.0-0.020.230.230.13-0.570.27-0.540.080.620.8-0.34
0.990.85-0.83-0.220.99-0.160.820.98-0.760.99-0.92-0.02-0.020.240.240.990.830.96-0.83-1.00.770.59-0.94
0.210.33-0.330.170.270.190.330.19-0.330.2-0.310.230.230.241.00.270.070.3-0.33-0.230.330.33-0.31
0.210.33-0.330.170.270.190.330.19-0.330.2-0.310.230.230.241.00.270.070.3-0.33-0.230.330.33-0.31
0.960.92-0.91-0.081.0-0.010.90.94-0.850.95-0.970.130.130.990.270.270.740.99-0.91-0.980.860.7-0.98
0.90.41-0.39-0.720.75-0.680.370.92-0.280.92-0.55-0.57-0.570.830.070.070.740.64-0.39-0.860.30.04-0.58
0.910.96-0.960.070.990.130.950.89-0.920.89-0.990.270.270.960.30.30.990.64-0.96-0.940.920.8-1.0
-0.75-1.01.0-0.35-0.9-0.41-1.0-0.710.99-0.730.98-0.54-0.54-0.83-0.33-0.33-0.91-0.39-0.960.8-1.0-0.940.98
-1.0-0.810.80.28-0.980.22-0.79-0.990.72-0.990.890.080.08-1.0-0.23-0.23-0.98-0.86-0.940.8-0.74-0.540.91
0.680.99-1.00.440.860.51.00.64-1.00.65-0.960.620.620.770.330.330.860.30.92-1.0-0.740.97-0.95
0.460.93-0.940.660.70.70.940.42-0.970.44-0.860.80.80.590.330.330.70.040.8-0.94-0.540.97-0.84
-0.87-0.980.98-0.14-0.98-0.2-0.97-0.850.94-0.861.0-0.34-0.34-0.94-0.31-0.31-0.98-0.58-1.00.980.91-0.95-0.84
Click cells to compare fundamentals

L3Harris Technologies Account Relationship Matchups

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.
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.

L3Harris Technologies Implied Volatility

    
  63.29  
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.

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Additionally, see 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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
0.2
Market Capitalization
44.3 B
Quarterly Revenue Growth YOY
-0.11
Return On Assets
0.0457
Return On Equity
0.0974
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.