L3HARRIS Stock Alpha and Beta Analysis

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as L3HARRIS TECHNOLOGIES INC. It also helps investors analyze the systematic and unsystematic risks associated with investing in L3HARRIS TECHNOLOGIES over a specified time horizon. Remember, high L3HARRIS TECHNOLOGIES's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
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Please note that although L3HARRIS TECHNOLOGIES alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, L3HARRIS TECHNOLOGIES did 0.00  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of L3HARRIS TECHNOLOGIES INC stock's relative risk over its benchmark. L3HARRIS TECHNOLOGIES INC has a beta of 0.00  . Let's try to break down what L3HARRIS's beta means in this case. The returns on DOW and L3HARRIS TECHNOLOGIES are completely uncorrelated.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

L3HARRIS TECHNOLOGIES Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. L3HARRIS TECHNOLOGIES market risk premium is the additional return an investor will receive from holding L3HARRIS TECHNOLOGIES long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in L3HARRIS TECHNOLOGIES. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate L3HARRIS TECHNOLOGIES's performance over market.
α0.00   β0.00
90 days against DJI

L3HARRIS TECHNOLOGIES Upcoming Company Events

As portrayed in its financial statements, the presentation of L3HARRIS TECHNOLOGIES's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, L3HARRIS TECHNOLOGIES's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of L3HARRIS TECHNOLOGIES's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of L3HARRIS TECHNOLOGIES. Please utilize our Beneish M Score to check the likelihood of L3HARRIS TECHNOLOGIES's management manipulating its earnings.
Upcoming Quarterly Report30th of July 2019
Next Financial Report14th of October 2019
Next Fiscal Quarter End30th of June 2019
Next Fiscal Year End30th of July 2019
Last Quarter Report31st of March 2019
Last Financial Announcement30th of June 2018

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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 Transaction History module to view history of all your transactions and understand their impact on 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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