Harris Technology (Australia) Performance
| HT8 Stock | 0.01 0 10.00% |
The company retains a Market Volatility (i.e., Beta) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Harris Technology are expected to decrease at a much lower rate. During the bear market, Harris Technology is likely to outperform the market. At this point, Harris Technology has a negative expected return of -0.31%. Please make sure to check out Harris Technology's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Harris Technology performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Harris Technology Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Last Split Factor 1:25 | Last Split Date 2016-07-26 |
1 | Trump Media stock climbs more than 7 percent after poll shows ex-president beating Harris - New York Post | 09/09/2024 |
2 | Trump Media Stock Jumps After Harris TV Grilling as DJT Shares Rally Rolls on - Barrons | 10/08/2024 |
3 | Truth Social May Be the Company With the Most at Stake This Election - The New York Times | 11/05/2024 |
| Begin Period Cash Flow | 1.8 M |
Harris |
Harris Technology Relative Risk vs. Return Landscape
If you would invest 1.20 in Harris Technology Group on September 1, 2024 and sell it today you would lose (0.30) from holding Harris Technology Group or give up 25.0% of portfolio value over 90 days. Harris Technology Group is producing return of less than zero assuming 5.1261% volatility of returns over the 90 days investment horizon. Simply put, 45% of all stocks have less volatile historical return distribution than Harris Technology, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Harris Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harris Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Harris Technology Group, and traders can use it to determine the average amount a Harris Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0605
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| Negative Returns | HT8 |
Estimated Market Risk
| 5.13 actual daily | 45 55% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harris Technology 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 Harris Technology by adding Harris Technology to a well-diversified portfolio.
Harris Technology Fundamentals Growth
Harris Stock prices reflect investors' perceptions of the future prospects and financial health of Harris Technology, and Harris Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Harris Stock performance.
| Return On Equity | -0.62 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 4.88 M | ||||
| Shares Outstanding | 299.14 M | ||||
| Price To Book | 1.71 X | ||||
| Price To Sales | 0.16 X | ||||
| Revenue | 16.71 M | ||||
| Gross Profit | 3.76 M | ||||
| EBITDA | (1.05 M) | ||||
| Net Income | (1.41 M) | ||||
| Cash And Equivalents | 1.77 M | ||||
| Total Debt | 3.16 M | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | 13.68 K | ||||
| Total Asset | 7.31 M | ||||
| Retained Earnings | (16.01 M) | ||||
About Harris Technology Performance
Assessing Harris Technology's fundamental ratios provides investors with valuable insights into Harris Technology's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Harris Technology is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Harris Technology is entity of Australia. It is traded as Stock on AU exchange.Things to note about Harris Technology performance evaluation
Checking the ongoing alerts about Harris Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Harris Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing Harris Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Harris Technology's stock is overvalued or undervalued compared to its peers.
- Examining Harris Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Harris Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Harris Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Harris Technology's stock. These opinions can provide insight into Harris Technology's potential for growth and whether the stock is currently undervalued or overvalued.
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.