L3Harris Technologies, (Brazil) Performance
| L1HX34 Stock | 333.93 7.09 2.17% |
L3Harris Technologies, has a performance score of 5 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning L3Harris Technologies, are expected to decrease at a much lower rate. During the bear market, L3Harris Technologies, is likely to outperform the market. L3Harris Technologies, at this moment secures a risk of 1.93%. Please verify L3Harris Technologies, jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to decide if L3Harris Technologies, will be following its current price movements.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in L3Harris Technologies, are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak technical indicators, L3Harris Technologies, may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
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L3Harris Technologies, Relative Risk vs. Return Landscape
If you would invest 31,270 in L3Harris Technologies, on October 24, 2024 and sell it today you would earn a total of 2,123 from holding L3Harris Technologies, or generate 6.79% return on investment over 90 days. L3Harris Technologies, is generating 0.1304% of daily returns and assumes 1.9289% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than L3Harris, and 98% of all equity instruments are likely to generate higher returns than the company 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,'s 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,'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 = 0.0676
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| Cash | Small Risk | L1HX34 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average L3Harris Technologies, is performing at about 5% 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.
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.Evaluating L3Harris Technologies,'s performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate L3Harris Technologies,'s stock performance include:- Analyzing L3Harris Technologies,'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 L3Harris Technologies,'s stock is overvalued or undervalued compared to its peers.
- Examining L3Harris Technologies,'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 L3Harris Technologies,'s management team can have a significant impact on its success or failure. Reviewing the track record and experience of L3Harris Technologies,'s management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of L3Harris Technologies,'s stock. These opinions can provide insight into L3Harris Technologies,'s potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for L3Harris Stock analysis
When running L3Harris Technologies,'s price analysis, check to measure L3Harris Technologies,'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 L3Harris Technologies, is operating at the current time. Most of L3Harris Technologies,'s value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies,'s 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,'s price. Additionally, you may evaluate how the addition of L3Harris Technologies, to your portfolios can decrease your overall portfolio volatility.
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