L3Harris Technologies (Germany) Performance
| HRS Stock | EUR 211.00 3.10 1.49% |
The firm secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, L3Harris Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding L3Harris Technologies is expected to be smaller as well. At this point, L3Harris Technologies has a negative expected return of -0.0866%. Please make sure to verify L3Harris Technologies' value at risk, accumulation distribution, and the relationship between the treynor ratio and skewness , to decide if L3Harris Technologies performance from the past will be repeated at some future date.
Risk-Adjusted Performance
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Over the last 90 days L3Harris Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, L3Harris Technologies is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 1.3 B | |
| Total Cashflows From Investing Activities | 1.4 B |
L3Harris |
L3Harris Technologies Relative Risk vs. Return Landscape
If you would invest 22,398 in L3Harris Technologies on October 22, 2024 and sell it today you would lose (1,298) from holding L3Harris Technologies or give up 5.8% of portfolio value over 90 days. L3Harris Technologies is currently producing negative expected returns and takes up 1.6162% volatility of returns over 90 trading days. Put another way, 14% of traded stocks are less volatile than L3Harris, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
L3Harris Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for L3Harris Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as L3Harris Technologies, and traders can use it to determine the average amount a L3Harris Technologies' 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 = -0.0536
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average L3Harris Technologies 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 L3Harris Technologies by adding L3Harris Technologies to a well-diversified portfolio.
L3Harris Technologies Fundamentals Growth
L3Harris Stock prices reflect investors' perceptions of the future prospects and financial health of L3Harris Technologies, and L3Harris Technologies 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 L3Harris Stock performance.
| Return On Equity | 0.0559 | |||
| Return On Asset | 0.0353 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 51.5 B | |||
| Shares Outstanding | 190.4 M | |||
| Price To Earning | 33.94 X | |||
| Price To Book | 2.26 X | |||
| Price To Sales | 2.30 X | |||
| Revenue | 17.81 B | |||
| EBITDA | 3.52 B | |||
| Cash And Equivalents | 976 M | |||
| Cash Per Share | 4.76 X | |||
| Total Debt | 7.05 B | |||
| Debt To Equity | 0.38 % | |||
| Book Value Per Share | 97.18 X | |||
| Cash Flow From Operations | 2.69 B | |||
| Earnings Per Share | 5.46 X | |||
| Total Asset | 34.71 B | |||
About L3Harris Technologies Performance
By analyzing L3Harris Technologies' fundamental ratios, stakeholders can gain valuable insights into L3Harris Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if L3Harris Technologies has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if L3Harris Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida. L3HARRIS TECHS operates under Aerospace Defense classification in Germany and is traded on Frankfurt Stock Exchange. It employs 48000 people.Things to note about L3Harris Technologies performance evaluation
Checking the ongoing alerts about L3Harris Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for L3Harris Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| L3Harris Technologies generated a negative expected return over the last 90 days | |
| Over 84.0% of the company shares are owned by institutional investors |
- Analyzing L3Harris Technologies' 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 L3Harris Technologies' stock is overvalued or undervalued compared to its peers.
- Examining L3Harris Technologies' 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 L3Harris Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of L3Harris Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of L3Harris Technologies' stock. These opinions can provide insight into L3Harris Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary 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.
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