Harris Technology (Australia) Buy Hold or Sell Recommendation
| HT8 Stock | 0.01 0 10.00% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Harris Technology Group is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Harris Technology Group given historical horizon and risk tolerance towards Harris Technology. When Macroaxis issues a 'buy' or 'sell' recommendation for Harris Technology Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Harris Technology Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Harris and provide practical buy, sell, or hold advice based on investors' constraints. Harris Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Harris |
Execute Harris Technology Buy or Sell Advice
The Harris recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Harris Technology Group. Macroaxis does not own or have any residual interests in Harris Technology Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Harris Technology's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Harris Technology Trading Alerts and Improvement Suggestions
| Harris Technology generated a negative expected return over the last 90 days | |
| Harris Technology has high historical volatility and very poor performance | |
| Harris Technology has some characteristics of a very speculative penny stock | |
| Harris Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 16.71 M. Net Loss for the year was (1.41 M) with profit before overhead, payroll, taxes, and interest of 3.76 M. | |
| About 57.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Truth Social May Be the Company With the Most at Stake This Election - The New York Times |
Harris Technology Returns Distribution Density
The distribution of Harris Technology's historical returns is an attempt to chart the uncertainty of Harris Technology's future price movements. The chart of the probability distribution of Harris Technology daily returns describes the distribution of returns around its average expected value. We use Harris Technology Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Harris Technology returns is essential to provide solid investment advice for Harris Technology.
| Mean Return | -0.17 | Value At Risk | -10 | Potential Upside | 11.11 | Standard Deviation | 5.22 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Harris Technology historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Harris Technology Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 162.8K | 2.1M | (876.3K) | (619.8K) | (791.7K) | (752.1K) | |
| Free Cash Flow | (762.1K) | (4.0M) | (1.5M) | 462.6K | 7.9K | 8.2K | |
| Other Non Cash Items | 2.4M | 5.5M | 174.0K | (2.2M) | (1.2M) | (1.2M) | |
| Net Income | 1.0M | 1.8M | (1.5M) | (3.3M) | (1.4M) | (1.5M) | |
| End Period Cash Flow | 1.2M | 3.3M | 2.4M | 1.8M | 974.3K | 1.3M | |
| Depreciation | 58.1K | 72.5K | 145.2K | 170.2K | 167.1K | 165.4K | |
| Change To Inventory | (2.9M) | (7.4M) | 978.6K | 5.0M | 1.5M | 1.5M | |
| Net Borrowings | 924.8K | (3.5M) | 661.8K | (1.1M) | (1.2M) | (1.3M) | |
| Change To Netincome | 82.4K | 98.9K | (106.5K) | 952.3K | 857.0K | 1.2M |
Harris Technology Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Harris Technology or Internet & Direct Marketing Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Harris Technology's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Harris stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 5.13 | |
Ir | Information ratio | -0.06 |
Harris Technology Volatility Alert
Harris Technology Group exhibits very low volatility with skewness of -0.16 and kurtosis of 2.19. Harris Technology Group is a penny stock. Even though Harris Technology may be a good instrument to invest, many penny stocks are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Harris Technology Group or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Harris instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Harris Technology Fundamentals Vs Peers
Comparing Harris Technology's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Harris Technology's direct or indirect competition across all of the common fundamentals between Harris Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Harris Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Harris Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Harris Technology by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Harris Technology to competition |
| Fundamentals | Harris Technology | Peer Average |
| Return On Equity | -0.62 | -0.31 |
| Return On Asset | 0.13 | -0.14 |
| Profit Margin | (0.08) % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 4.88 M | 16.62 B |
| Shares Outstanding | 299.14 M | 571.82 M |
| Shares Owned By Insiders | 56.80 % | 10.09 % |
| Price To Book | 1.71 X | 9.51 X |
| Price To Sales | 0.16 X | 11.42 X |
| Revenue | 16.71 M | 9.43 B |
| Gross Profit | 3.76 M | 27.38 B |
| EBITDA | (1.05 M) | 3.9 B |
| Net Income | (1.41 M) | 570.98 M |
| Cash And Equivalents | 1.77 M | 2.7 B |
| Total Debt | 3.16 M | 5.32 B |
| Book Value Per Share | 0.01 X | 1.93 K |
| Cash Flow From Operations | 13.68 K | 971.22 M |
| Number Of Employees | 28 | 18.84 K |
| Beta | 1.42 | -0.15 |
| Market Capitalization | 2.69 M | 19.03 B |
| Total Asset | 7.31 M | 29.47 B |
| Retained Earnings | (16.01 M) | 9.33 B |
| Working Capital | 3.01 M | 1.48 B |
| Net Asset | 7.31 M |
Harris Technology Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Harris . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.9 | |||
| Day Median Price | 0.009 | |||
| Day Typical Price | 0.009 | |||
| Price Action Indicator | (0.0005) | |||
| Period Momentum Indicator | (0) | |||
| Relative Strength Index | 39.93 |
About Harris Technology Buy or Sell Advice
When is the right time to buy or sell Harris Technology Group? Buying financial instruments such as Harris Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Harris Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Aggressive Funds Thematic Idea Now
Aggressive Funds
Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aggressive Funds Theme or any other thematic opportunities.
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Additional Tools for Harris Stock Analysis
When running Harris Technology's price analysis, check to measure Harris Technology'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 Harris Technology is operating at the current time. Most of Harris Technology's value examination focuses on studying past and present price action to predict the probability of Harris Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harris Technology's price. Additionally, you may evaluate how the addition of Harris Technology to your portfolios can decrease your overall portfolio volatility.