L3harris Technologies Stock Price Prediction
| LHX Stock | USD 207.71 0.03 0.01% |
Oversold Vs Overbought
39
Oversold | Overbought |
L3Harris Technologies stock price prediction is an act of determining the future value of L3Harris Technologies shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of L3Harris Technologies' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of L3Harris Technologies and does not consider all of the tangible or intangible factors available from L3Harris Technologies' fundamental data. We analyze noise-free headlines and recent hype associated with L3Harris Technologies, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting L3Harris Technologies' stock price prediction:Quarterly Earnings Growth (0.62) | EPS Estimate Next Quarter 3.01 | EPS Estimate Current Year 12.33 | EPS Estimate Next Year 13.11 | Wall Street Target Price 243.52 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of L3Harris Technologies based on different types of headlines from major news networks to social media. The L3Harris stock price prediction module provides an analysis of price elasticity to changes in media outlook on L3Harris Technologies over a specific investment horizon. Using L3Harris Technologies hype-based prediction, you can estimate the value of L3Harris Technologies from the perspective of L3Harris Technologies response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards L3Harris Technologies using L3Harris Technologies' stock options and short interest. It helps to benchmark the overall future attitude of investors towards L3Harris using crowd psychology based on the activity and movement of L3Harris Technologies' stock price.
L3Harris Technologies Short Interest
A significant increase or decrease in L3Harris Technologies' short interest from the previous month could be a good indicator of investor sentiment towards L3Harris. Short interest can provide insight into the potential direction of L3Harris Technologies stock and how bullish or bearish investors feel about the market overall. An investor who is long L3Harris Technologies may also wish to track short interest. As short interest increases, investors should be becoming more worried about L3Harris Technologies and may potentially protect profits, hedge L3Harris Technologies with its derivative instruments, or be ready for some potential downside.
200 Day MA 194.638 | Short Percent 0.0115 | Short Ratio 1.62 | Shares Short Prior Month 1.8 M | 50 Day MA 210.1126 |
L3Harris Technologies Hype to Price Pattern
Investor biases related to L3Harris Technologies' public news can be used to forecast risks associated with an investment in L3Harris. The trend in average sentiment can be used to explain how an investor holding L3Harris can time the market purely based on public headlines and social activities around L3Harris Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of L3Harris Technologies' market sentiment to its price can help taders to make decisions based on the overall investors consensus about L3Harris Technologies.
L3Harris Technologies Implied Volatility | 27.49 |
L3Harris Technologies' implied volatility exposes the market's sentiment of L3Harris Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if L3Harris Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that L3Harris Technologies stock will not fluctuate a lot when L3Harris Technologies' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in L3Harris Technologies. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in L3Harris Technologies to buy its stock at a price that has no basis in reality. In that case, they are not buying L3Harris because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
L3Harris Technologies after-hype prediction price | USD 207.75 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current L3Harris contract
Based on the Rule 16, the options market is currently suggesting that L3Harris Technologies will have an average daily up or down price movement of about 1.72% per day over the life of the 2024-05-17 option contract. With L3Harris Technologies trading at USD 207.71, that is roughly USD 3.57 . If you think that the market is fully incorporating L3Harris Technologies' daily price movement you should consider acquiring L3Harris Technologies options at the current volatility level of 27.49%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
L3Harris |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of L3Harris Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
L3Harris Technologies After-Hype Price Prediction Density Analysis
As far as predicting the price of L3Harris Technologies at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in L3Harris Technologies or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of L3Harris Technologies, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
L3Harris Technologies Estimiated After-Hype Price Volatility
In the context of predicting L3Harris Technologies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on L3Harris Technologies' historical news coverage. L3Harris Technologies' after-hype downside and upside margins for the prediction period are 206.78 and 208.72, respectively. We have considered L3Harris Technologies' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
L3Harris Technologies is very steady at this time. Analysis and calculation of next after-hype price of L3Harris Technologies is based on 3 months time horizon.
L3Harris Technologies Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as L3Harris Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading L3Harris Technologies backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with L3Harris Technologies, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.00 | 0.94 | 0.00 | 0.00 | 10 Events / Month | 5 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
207.71 | 207.75 | 0.02 |
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L3Harris Technologies Hype Timeline
On the 25th of April L3Harris Technologies is traded for 207.71. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. L3Harris is forecasted to increase in value after the next headline, with the price projected to jump to 207.75 or above. The average volatility of media hype impact on the company the price is about 98.95%. The price jump on the next news is projected to be 0.02%, whereas the daily expected return is now at 0.0%. The volatility of related hype on L3Harris Technologies is about 587.5%, with the expected price after the next announcement by competition of 207.71. The company reported the last year's revenue of 17.06 B. Total Income to common stockholders was 1.06 B with profit before taxes, overhead, and interest of 4.93 B. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days. Check out L3Harris Technologies Basic Forecasting Models to cross-verify your projections.L3Harris Technologies Related Hype Analysis
Having access to credible news sources related to L3Harris Technologies' direct competition is more important than ever and may enhance your ability to predict L3Harris Technologies' future price movements. Getting to know how L3Harris Technologies' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how L3Harris Technologies may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| LMT | Lockheed Martin | (0.40) | 8 per month | 1.03 | (0.08) | 1.28 | (1.18) | 4.38 | |
| GD | General Dynamics | (0.16) | 8 per month | 0.00 | 0.17 | 1.47 | (0.82) | 6.20 | |
| RTX | Raytheon Technologies Corp | 0.59 | 7 per month | 0.00 | 0.18 | 1.63 | (0.86) | 6.91 | |
| HII | Huntington Ingalls Industries | 2.03 | 10 per month | 0.82 | 0.02 | 1.67 | (1.33) | 7.00 | |
| BA | The Boeing | (2.92) | 8 per month | 0.00 | (0.26) | 2.37 | (2.33) | 9.57 | |
| CW | Curtiss Wright | 0.50 | 10 per month | 0.54 | 0.12 | 1.42 | (1.20) | 4.29 | |
| HXL | Hexcel | (0.76) | 11 per month | 0.00 | (0.11) | 2.06 | (2.14) | 15.71 |
L3Harris Technologies Additional Predictive Modules
Most predictive techniques to examine L3Harris price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for L3Harris using various technical indicators. When you analyze L3Harris charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About L3Harris Technologies Predictive Indicators
The successful prediction of L3Harris Technologies stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as L3Harris Technologies, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of L3Harris Technologies based on analysis of L3Harris Technologies hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to L3Harris Technologies's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to L3Harris Technologies's related companies. | 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 |
Story Coverage note for L3Harris Technologies
The number of cover stories for L3Harris Technologies depends on current market conditions and L3Harris Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that L3Harris Technologies is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about L3Harris Technologies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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L3Harris Technologies Short Properties
L3Harris Technologies' future price predictability will typically decrease when L3Harris Technologies' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of L3Harris Technologies often depends not only on the future outlook of the potential L3Harris Technologies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. L3Harris Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 193.5 M | |
| Cash And Short Term Investments | 880 M |
Check out L3Harris Technologies Basic Forecasting Models to cross-verify your projections. For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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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Is L3Harris Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of L3Harris Technologies. If investors know L3Harris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about L3Harris Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 4.56 | Earnings Share 6.44 | Revenue Per Share 102.421 | Quarterly Revenue Growth 0.166 |
The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if L3Harris Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.