Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Harris Corporation is 'Cautious Hold'. Macroaxis provides Harris buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Harris positions. The advice algorithm takes into account all of Harris available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Harris buy-and-hold prospective. Please also check Harris Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Harris Corporation has a mean deviation of 0.9852, standard deviation of 1.38, variance of 1.92, downside variance of 0.471, semi variance of (0.004269) and expected short fall of (1.37)Macroaxis provides buy, hold, or sell recommendation on Harris to complement and cross-verify current analyst consensus on Harris. Our buy or sell recommendations engine determines the entity potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Harris Corporation is not overpriced, please check out all Harris fundamentals including its Debt to Equity, and the relationship between Gross Profit and Price to Earnings To Growth . Given that Harris has Price to Earning of 24.31X, we strongly advise you confirm Harris market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.
Harris Trading Alerts and Improvement Suggestions
Harris has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
Harris Corporation exhibits relatively low volatility with skewness of 2.31 and kurtosis of 8.6. However, we advice investors to further investigate Harris Corporation to make sure all market statistics is disseminated and is consistent with investors' estimations about Harris upside potential.