Harmonic Stock Alpha and Beta Analysis

HLIT Stock  USD 10.40  0.10  0.97%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Harmonic. It also helps investors analyze the systematic and unsystematic risks associated with investing in Harmonic over a specified time horizon. Remember, high Harmonic's 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 Harmonic's market risk premium analysis include:
Beta
0.54
Alpha
(0.23)
Risk
2.83
Sharpe Ratio
(0.13)
Expected Return
(0.37)
Please note that although Harmonic alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Harmonic did 0.23  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Harmonic stock's relative risk over its benchmark. Harmonic has a beta of 0.54  . As returns on the market increase, Harmonic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harmonic is expected to be smaller as well. At this time, Harmonic's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 3.74 in 2025, whereas Enterprise Value is likely to drop slightly above 255.6 M in 2025.

Enterprise Value

255.6 Million

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.
  
Check out Harmonic Backtesting, Harmonic Valuation, Harmonic Correlation, Harmonic Hype Analysis, Harmonic Volatility, Harmonic History and analyze Harmonic Performance.
For more information on how to buy Harmonic Stock please use our How to Invest in Harmonic guide.

Harmonic Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Harmonic market risk premium is the additional return an investor will receive from holding Harmonic 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 Harmonic. 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 Harmonic's performance over market.
α-0.23   β0.54

Harmonic 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 Harmonic's Buy-and-hold return. Our buy-and-hold chart shows how Harmonic performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Harmonic Market Price Analysis

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

Harmonic Return and Market Media

The median price of Harmonic for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 11.84 with a coefficient of variation of 11.15. The daily time series for the period is distributed with a sample standard deviation of 1.31, arithmetic mean of 11.78, and mean deviation of 1.19. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Disposition of 726 shares by Timothy Chu of Harmonic subject to Rule 16b-3
12/13/2024
2
Disposition of 12107 shares by Reaugh Mitzi of Harmonic subject to Rule 16b-3
12/31/2024
3
Disposition of 7450 shares by Neven Haltmayer of Harmonic subject to Rule 16b-3
01/28/2025
4
Harmonic outlines 400M-450M broadband revenue target for 2025 amid DOCSIS 4.0 transition
02/11/2025
5
Down -39.61 percent in 4 Weeks, Heres Why You Should You Buy the Dip in Third Harmonic Bio, Inc.
02/14/2025
6
Analysts Weekly Ratings Updates for Harmonic
02/18/2025
7
Acquisition by Clifford Deborah of 16143 shares of Harmonic subject to Rule 16b-3
02/20/2025
8
Acquisition by Whalen Daniel T of 2000 shares of Harmonic at 10.1898 subject to Rule 16b-3
02/24/2025
9
Insider Buying Daniel Whalen Acquires Shares of Harmonic Inc
02/25/2025
10
Analysts Set Harmonic Inc. PT at 12.50
02/27/2025
11
Harmonic Inc Partners with Astound Broadband to Revolutionize Network Infrastructure
03/04/2025
12
Acquisition by Walter Jankovic of 101954 shares of Harmonic subject to Rule 16b-3
03/07/2025
13
Weigel Broadcasting Embraces Cloud-Based Playout-to-Delivery Solution from Harmonic
03/11/2025
14
Live Streaming Equipment Market Analysis and Growth Forecast 2025-2030, Featuring Detailed Profiles of 23 Industry Giants
03/13/2025

About Harmonic 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 Harmonic or other stocks. Alpha measures the amount that position in Harmonic 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.
 2022 2023 2024 2025 (projected)
Days Sales Outstanding66.5987.8495.7359.68
PTB Ratio4.243.333.273.74

Harmonic Upcoming Company Events

As portrayed in its financial statements, the presentation of Harmonic's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Harmonic's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Harmonic's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Harmonic. Please utilize our Beneish M Score to check the likelihood of Harmonic's management manipulating its earnings.
29th of January 2024
Upcoming Quarterly Report
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13th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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29th of January 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Build Portfolio with Harmonic

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.

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Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Tools for Harmonic Stock Analysis

When running Harmonic's price analysis, check to measure Harmonic'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 Harmonic is operating at the current time. Most of Harmonic's value examination focuses on studying past and present price action to predict the probability of Harmonic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmonic's price. Additionally, you may evaluate how the addition of Harmonic to your portfolios can decrease your overall portfolio volatility.