L3harris Technologies Stock Price on August 30, 2024

LHX Stock  USD 246.60  0.00  0.00%   
Below is the normalized historical share price chart for L3Harris Technologies extending back to December 31, 1981. 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 L3Harris Technologies stands at 246.60, as last reported on the 22nd of November, with the highest price reaching 248.47 and the lowest price hitting 243.67 during the day.
IPO Date
31st of December 1981
200 Day MA
226.0802
50 Day MA
244.1246
Beta
0.726
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in L3Harris Stock, it is important to understand the factors that can impact its price. At this stage we consider L3Harris Stock to be very steady. L3Harris Technologies has Sharpe Ratio of 0.11, which conveys that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for L3Harris Technologies, which you can use to evaluate the volatility of the entity. Please verify L3Harris Technologies' Downside Deviation of 1.32, mean deviation of 0.9105, and Semi Deviation of 1.17 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
  
At this time, L3Harris Technologies' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 43.8 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 164.6 M in 2024. . At this time, L3Harris Technologies' Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 26.47 in 2024, whereas Price Book Value Ratio is likely to drop 1.84 in 2024. L3Harris Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1089

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Estimated Market Risk

 1.3
  actual daily
11
89% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average L3Harris Technologies is performing at about 8% 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.
Price Book
2.4396
Enterprise Value Ebitda
18.4417
Price Sales
2.1922
Shares Float
188.5 M
Dividend Share
4.62

L3Harris Technologies Main Headline on 30th of August 2024

Filed transaction by L3Harris Technologies Officer: Vp, Gen. Counsel And Secretary. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

L3Harris Technologies Valuation on August 30, 2024

It is possible to determine the worth of L3Harris Technologies on a given historical date. On August 30, 2024 L3Harris was worth 231.49 at the beginning of the trading date compared to the closed value of 234.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of L3Harris Technologies stock. Still, in general, we apply an absolute valuation method to find L3Harris Technologies' 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 L3Harris Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against L3Harris Technologies' related companies.
 Open High Low Close Volume
  230.79    233.08    227.78    231.42    602,900  
08/30/2024
  231.49    234.65    230.96    234.38    698,400  
  234.39    235.52    231.60    233.01    754,100  
Backtest L3Harris Technologies  |  L3Harris Technologies History  |  L3Harris Technologies Valuation   PreviousNext  
Open Value
231.49
227.59
Downside
234.38
Closing Value
235.39
Upside

L3Harris Technologies Trading Date Momentum on August 30, 2024

On September 03 2024 L3Harris Technologies was traded for  233.01  at the closing time. Highest L3Harris Technologies's price during the trading hours was 235.52  and the lowest price during the day was  231.60 . The net volume was 754.1 K. The overall trading history on the 3rd of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.58% . The trading delta at closing time to current price is 3.11% .

L3Harris Technologies Fundamentals Correlations and Trends

By evaluating L3Harris Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among L3Harris Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. L3Harris financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About L3Harris Technologies Stock history

L3Harris Technologies 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 L3Harris is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in L3Harris Technologies 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 L3Harris Technologies stock prices may prove useful in developing a viable investing in L3Harris Technologies
Last ReportedProjected for Next Year
Common Stock Shares Outstanding190.6 M164.6 M
Net Income Applicable To Common Shares2.1 B2.2 B

L3Harris Technologies Stock Technical Analysis

L3Harris Technologies 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.
A focus of L3Harris Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of L3Harris Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

L3Harris Technologies Period Price Range

Low
November 22, 2024
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High

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L3Harris Technologies November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how L3Harris Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading L3Harris Technologies shares will generate the highest return on investment. By undertsting and applying L3Harris Technologies stock market strength indicators, traders can identify L3Harris Technologies entry and exit signals to maximize returns

L3Harris Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for L3Harris Technologies' price direction in advance. Along with the technical and fundamental analysis of L3Harris Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of L3Harris 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.

Additional Tools for L3Harris Stock Analysis

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 the 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.