Harmonic Stock Price on November 4, 2024
| HLIT Stock | USD 12.39 0.31 2.57% |
Below is the normalized historical share price chart for Harmonic extending back to May 23, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Harmonic stands at 12.39, as last reported on the 22nd of November, with the highest price reaching 12.44 and the lowest price hitting 12.08 during the day.
If you're considering investing in Harmonic Stock, it is important to understand the factors that can impact its price. Harmonic holds Efficiency (Sharpe) Ratio of -0.0442, which attests that the entity had a -0.0442% return per unit of risk over the last 3 months. Harmonic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Harmonic's Standard Deviation of 3.73, market risk adjusted performance of (0.08), and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
Issuance Of Capital Stock is likely to gain to about 8.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 286.9 M in 2024. . At this time, Harmonic's Price Fair Value is comparatively stable compared to the past year. Harmonic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of May 1995 | 200 Day MA 12.6169 | 50 Day MA 13.3076 | Beta 0.893 |
Harmonic |
Sharpe Ratio = -0.0442
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HLIT |
Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harmonic is not performing at its full potential. However, 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 Harmonic by adding Harmonic to a well-diversified portfolio.
Price Book 3.3171 | Enterprise Value Ebitda 53.5642 | Price Sales 2.2571 | Shares Float 113.6 M | Wall Street Target Price 14.9286 |
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Harmonic Valuation on November 4, 2024
It is possible to determine the worth of Harmonic on a given historical date. On November 4, 2024 Harmonic was worth 10.9 at the beginning of the trading date compared to the closed value of 11.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Harmonic stock. Still, in general, we apply an absolute valuation method to find Harmonic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Harmonic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Harmonic's related companies.
| Open | High | Low | Close | Volume | |
| 11.05 | 11.16 | 10.82 | 10.96 | 1,759,717 | |
11/04/2024 | 10.90 | 11.40 | 10.88 | 11.12 | 1,168,252 |
| 11.08 | 11.74 | 11.02 | 11.63 | 1,306,177 |
| Backtest Harmonic | | | Harmonic History | | | Harmonic Valuation | Previous | Next |
Harmonic Trading Date Momentum on November 4, 2024
| On November 05 2024 Harmonic was traded for 11.63 at the closing time. The top price for the day was 11.74 and the lowest listed price was 11.02 . The trading volume for the day was 1.3 M. The trading history from November 5, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 4.59% . The trading delta at closing time against the current closing price is 11.15% . |
Harmonic Fundamentals Correlations and Trends
By evaluating Harmonic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Harmonic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Harmonic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Harmonic Stock history
Harmonic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Harmonic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Harmonic will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Harmonic stock prices may prove useful in developing a viable investing in Harmonic
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 117.4 M | 85.7 M | |
| Net Income Applicable To Common Shares | 25.4 M | 26.6 M |
Harmonic Quarterly Net Working Capital |
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Harmonic Stock Technical Analysis
Harmonic technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Harmonic Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Harmonic cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Harmonic November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Harmonic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Harmonic shares will generate the highest return on investment. By undertsting and applying Harmonic stock market strength indicators, traders can identify Harmonic entry and exit signals to maximize returns
Harmonic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Harmonic's price direction in advance. Along with the technical and fundamental analysis of Harmonic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Harmonic to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.09) |
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| Volume Indicators |
Additional Tools for Harmonic Stock Analysis
When running Harmonic's price analysis, check to measure Harmonic'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 Harmonic is operating at the current time. Most of Harmonic's value examination focuses on studying past and present price action to predict the probability of Harmonic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmonic's price. Additionally, you may evaluate how the addition of Harmonic to your portfolios can decrease your overall portfolio volatility.