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AIR vs. LHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between AIR and LHX is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

AIR vs. LHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAR Corp. (AIR) and L3Harris Technologies, Inc. (LHX). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-15.53%
-4.37%
AIR
LHX

Key characteristics

Sharpe Ratio

AIR:

-0.43

LHX:

0.29

Sortino Ratio

AIR:

-0.38

LHX:

0.53

Omega Ratio

AIR:

0.95

LHX:

1.07

Calmar Ratio

AIR:

-0.60

LHX:

0.25

Martin Ratio

AIR:

-1.17

LHX:

1.16

Ulcer Index

AIR:

12.55%

LHX:

4.72%

Daily Std Dev

AIR:

34.34%

LHX:

18.69%

Max Drawdown

AIR:

-89.04%

LHX:

-65.67%

Current Drawdown

AIR:

-19.82%

LHX:

-18.80%

Fundamentals

Market Cap

AIR:

$2.26B

LHX:

$41.43B

EPS

AIR:

$1.81

LHX:

$6.34

PE Ratio

AIR:

34.70

LHX:

34.46

PEG Ratio

AIR:

2.41

LHX:

0.83

Total Revenue (TTM)

AIR:

$1.89B

LHX:

$21.14B

Gross Profit (TTM)

AIR:

$354.80M

LHX:

$5.14B

EBITDA (TTM)

AIR:

$159.60M

LHX:

$3.91B

Returns By Period

In the year-to-date period, AIR achieves a -2.93% return, which is significantly lower than LHX's 3.46% return. Over the past 10 years, AIR has underperformed LHX with an annualized return of 8.48%, while LHX has yielded a comparatively higher 13.51% annualized return.


AIR

YTD

-2.93%

1M

-10.32%

6M

-14.68%

1Y

-14.44%

5Y*

3.26%

10Y*

8.48%

LHX

YTD

3.46%

1M

-12.61%

6M

-4.38%

1Y

5.00%

5Y*

3.39%

10Y*

13.51%

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Risk-Adjusted Performance

AIR vs. LHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AAR Corp. (AIR) and L3Harris Technologies, Inc. (LHX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for AIR, currently valued at -0.43, compared to the broader market-4.00-2.000.002.00-0.430.29
The chart of Sortino ratio for AIR, currently valued at -0.38, compared to the broader market-4.00-2.000.002.004.00-0.380.53
The chart of Omega ratio for AIR, currently valued at 0.95, compared to the broader market0.501.001.502.000.951.07
The chart of Calmar ratio for AIR, currently valued at -0.60, compared to the broader market0.002.004.006.00-0.600.25
The chart of Martin ratio for AIR, currently valued at -1.17, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.171.16
AIR
LHX

The current AIR Sharpe Ratio is -0.43, which is lower than the LHX Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of AIR and LHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
-0.43
0.29
AIR
LHX

Dividends

AIR vs. LHX - Dividend Comparison

AIR has not paid dividends to shareholders, while LHX's dividend yield for the trailing twelve months is around 2.17%.


TTM20232022202120202019201820172016201520142013
AIR
AAR Corp.
0.00%0.00%0.00%0.00%0.41%0.67%0.80%0.76%0.91%1.14%1.08%1.07%
LHX
L3Harris Technologies, Inc.
2.17%2.17%2.15%1.91%1.80%1.45%1.86%1.55%2.01%2.23%2.48%2.26%

Drawdowns

AIR vs. LHX - Drawdown Comparison

The maximum AIR drawdown since its inception was -89.04%, which is greater than LHX's maximum drawdown of -65.67%. Use the drawdown chart below to compare losses from any high point for AIR and LHX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-19.82%
-18.80%
AIR
LHX

Volatility

AIR vs. LHX - Volatility Comparison

AAR Corp. (AIR) has a higher volatility of 9.54% compared to L3Harris Technologies, Inc. (LHX) at 6.03%. This indicates that AIR's price experiences larger fluctuations and is considered to be riskier than LHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
9.54%
6.03%
AIR
LHX

Financials

AIR vs. LHX - Financials Comparison

This section allows you to compare key financial metrics between AAR Corp. and L3Harris Technologies, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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