L3harris Technologies Stock Alpha and Beta Analysis
| LHX Stock | USD 240.48 0.62 0.26% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as L3Harris Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in L3Harris Technologies over a specified time horizon. Remember, high L3Harris Technologies' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to L3Harris Technologies' market risk premium analysis include:
Beta 0.6 | Alpha (0.03) | Risk 1.36 | Sharpe Ratio 0.0536 | Expected Return 0.0729 |
L3Harris Technologies Quarterly Cash And Equivalents |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
L3Harris |
L3Harris Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. L3Harris Technologies market risk premium is the additional return an investor will receive from holding L3Harris Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in L3Harris Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate L3Harris Technologies' performance over market.| α | -0.03 | β | 0.60 |
L3Harris Technologies expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of L3Harris Technologies' Buy-and-hold return. Our buy-and-hold chart shows how L3Harris Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.L3Harris Technologies Market Price Analysis
Market price analysis 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 understating and applying L3Harris Technologies stock market price indicators, traders can identify L3Harris Technologies position entry and exit signals to maximize returns.
L3Harris Technologies Return and Market Media
The median price of L3Harris Technologies for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 is 243.78 with a coefficient of variation of 3.68. The daily time series for the period is distributed with a sample standard deviation of 8.88, arithmetic mean of 241.61, and mean deviation of 7.04. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| L3Harris Technologies dividend paid on 20th of September 2024 | 09/20/2024 |
1 | The real reason why Kamala Harris interview with Joe Rogan was called off | 11/13/2024 |
2 | Artifice Of The Deal Harris Politics Of Joy Ends In Tears | 11/18/2024 |
3 | Kamala Harris campaigning with Liz Cheney flopped with key voter group | 11/22/2024 |
4 | Pod Save America host and NY Times reporter trade barbs in online spat over Harris campaign interview | 11/27/2024 |
5 | Call Her Daddy podcast host Alex Cooper said pre-election Kamala Harris interview was totally worth the backlash | 11/29/2024 |
6 | Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3 | 12/03/2024 |
About L3Harris Technologies Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including L3Harris or other stocks. Alpha measures the amount that position in L3Harris Technologies has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2019 | 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0077 | 0.019 | 0.0217 | 0.0238 | Price To Sales Ratio | 2.36 | 2.41 | 2.06 | 2.53 |
L3Harris Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of L3Harris Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, L3Harris Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of L3Harris Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of L3Harris Technologies. Please utilize our Beneish M Score to check the likelihood of L3Harris Technologies' management manipulating its earnings.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 24th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with L3Harris Technologies
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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.