GURU.Markets stock price, segment price, and overall market index valuation
The company's share price Honeywell International
Honeywell is a diversified industrial and technology conglomerate. Its products are used in aerospace, building automation, and security systems. Its stock price reflects the health of these key sectors of the global economy.
Share prices of companies in the market segment - Industrial equipment
Honeywell is a diversified industrial conglomerate with segments in aerospace, building automation, and industrial technology. We classify it as part of the Industrial Equipment sector, and the chart below reflects the performance of these key economic sectors.
Broad Market Index - GURU.Markets
Honeywell is a diversified industrial conglomerate producing products for the aerospace, construction, and other industries. Its scale makes it a key component of the GURU.Markets index. The chart below represents the entire market. Find out how Honeywell compares to it.
Change in the price of a company, segment, and market as a whole per day
HON - Daily change in the company's share price Honeywell International
For Honeywell, an industrial conglomerate, daily price changes are a measure of its reaction to trends in aviation, construction, and automation. The graph of these fluctuations is unspectacular, but it is an important component of the formulas on System.GURU.Markets.
Daily change in the price of a set of shares in a market segment - Industrial equipment
Honeywell International Inc. is a diversified industrial conglomerate. This chart shows the average daily volatility of the industrial sector. Comparing this to HON's performance helps understand how its businesses in aerospace, automation, and materials make it sensitive to general economic cycles.
Daily change in the price of a broad market stock, index - GURU.Markets
Honeywell is a diversified industrial conglomerate operating in aerospace, construction, and other industries. Its business serves as a barometer of global industrial activity. The chart below shows overall market volatility, which reflects the same economic cycles as Honeywell's business.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization Honeywell International
Honeywell is a diversified industrial conglomerate, a leader in aerospace, building automation, and security technologies. Its annual performance provides a broad snapshot of key global economic sectors, as you can see on the chart.
Annual dynamics of market capitalization of the market segment - Industrial equipment
Honeywell International Inc. is a diversified industrial conglomerate operating in aerospace, building automation, and other sectors. Its strength lies in its broad range of technologies and its focus on long-term trends, such as energy efficiency. The chart shows how this diversification impacts its performance relative to its sector.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
Honeywell International is a diversified industrial and technology conglomerate. Its businesses span aerospace, building automation, and industrial technologies. Its broad market reach smooths out cyclical trends, while its focus on trends such as automation and energy efficiency ensures long-term growth.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization Honeywell International
The performance of Honeywell, a diversified industrial conglomerate, reflects the health of several key sectors: aerospace, construction, and warehouse automation. Its monthly price fluctuations on the chart reflect the combined effects of these various business cycles, making it a barometer of industrial activity.
Monthly dynamics of market capitalization of the market segment - Industrial equipment
This chart illustrates the dynamics of a diversified industrial sector, where Honeywell is a key player. Its movements reflect general economic cycles and megatrends, such as automation and the energy transition. This is the backdrop against which Honeywell develops its technologies for aerospace, construction, and industrial applications.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
Honeywell is a diversified industrial conglomerate creating solutions for aerospace, building automation, and security. Their business is a cross-section of the global economy. The chart below shows general market trends, with which Honeywell's performance typically closely correlates, reflecting the state of the industrial sector.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization Honeywell International
Honeywell International is a diversified industrial conglomerate with operations in aerospace, building automation, and industrial materials. Its weekly stock price reflects the health of several key economic sectors, from airlines to construction, making it a barometer of business activity.
Weekly dynamics of market capitalization of the market segment - Industrial equipment
Honeywell, as a diversified industrial conglomerate, is a cross-section of several sectors, including aerospace and construction. Its weekly performance is often more stable than that of its more specialized peers. The chart shows how diversification helps smooth out cyclical movements in individual industries and how it compares to industrial indices.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
Honeywell is a diversified industrial conglomerate operating in aerospace, construction, and other industries. This diversification mitigates risk. The chart shows how Honeywell shares are less volatile than the market thanks to their diverse business.
Market capitalization of the company, segment and market as a whole
HON - Market capitalization of the company Honeywell International
Honeywell International's market capitalization is a measure of the strength of this diversified industrial conglomerate. The chart shows how investors value its presence in key sectors such as aerospace, building automation, and industrial technology. Its stable valuation is based on its deep integration into the global economy and focus on innovation.
HON - Share of the company's market capitalization Honeywell International within the market segment - Industrial equipment
Honeywell is a diversified industrial conglomerate with strong interests in aerospace, building automation, and materials manufacturing. Its market capitalization reflects its technological leadership in key industrial niches and deep integration into global supply chains.
Market capitalization of the market segment - Industrial equipment
The chart below shows the market capitalization of the industrial conglomerate sector. Honeywell is one of its technology leaders, focusing on aerospace, building automation, and industrial processes. The size of this market reflects the complexity and diversity of modern industry, where Honeywell solutions play a key role in improving efficiency and safety.
Market capitalization of all companies included in a broad market index - GURU.Markets
Honeywell is a diversified industrial conglomerate producing everything from avionics to building automation systems. Its market capitalization reflects its deep integration into various economic sectors. The chart below shows the weight of the company whose technologies power the world.
Book value capitalization of the company, segment and market as a whole
HON - Book value capitalization of the company Honeywell International
Honeywell's book value is a diversified portfolio of manufacturing facilities producing everything from avionics and construction technologies to industrial materials. It is the material foundation of a high-tech industrial conglomerate. The chart demonstrates how the company manages this complex set of assets, adapting to changing technological trends.
HON - Share of the company's book capitalization Honeywell International within the market segment - Industrial equipment
TotalEnergies, a European energy major, has colossal physical assets worldwide. The chart shows its share of global energy infrastructure: oil and gas platforms, refineries, and a growing portfolio of solar and wind power plants.
Market segment balance sheet capitalization - Industrial equipment
Honeywell is a diversified industrial conglomerate. Compared to the capital-intensive sector depicted in the chart, Honeywell is a classic heavyweight. Its business consists of factories producing avionics, automation systems, and other complex products.
Book value of all companies included in the broad market index - GURU.Markets
Honeywell International is a diversified technology and industrial giant. Its book value comes from factories producing aircraft avionics, building automation systems, and safety equipment. These are physical assets that make the world smarter, safer, and greener.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - Honeywell International
Honeywell International is a diversified industrial conglomerate. Its asset premium reflects its strong positions in attractive sectors such as aerospace, building automation, and warehouse logistics, which have strong long-term prospects.
Market to book capitalization ratio in a market segment - Industrial equipment
Honeywell International is a diversified industrial conglomerate with operations in aerospace, building automation, and industrial technologies. Its strength lies in its technology and leading positions in its markets. This chart shows how the market evaluates its ability to generate sustainable growth in key economic sectors.
Market to book capitalization ratio for the market as a whole
Honeywell International is an industrial conglomerate producing a wide range of products, from aerospace systems to building automation technologies. Against the backdrop of overall market trends illustrated by this chart, Honeywell's valuation reflects its diversification and focus on key long-term trends such as automation and energy efficiency.
Debts of the company, segment and market as a whole
HON - Company debts Honeywell International
For Honeywell International, a diversified industrial conglomerate, debt is a tool for managing its business portfolio and funding innovation. The company uses debt capital for acquisitions in areas such as warehouse automation and aerospace technology. This chart reflects its ongoing optimization and adaptation to new markets.
Market segment debts - Industrial equipment
Honeywell is a diversified industrial conglomerate operating in aerospace, building automation, and safety. The company is focused on stable growth and cash flow generation. Debt is used sparingly, primarily for acquisitions and capital returns to shareholders. This chart reflects Honeywell's balanced financial policy.
Market debt in general
Honeywell International is a diversified industrial conglomerate producing products for the aerospace, building automation, and industrial processes industries. Diversification helps mitigate cyclical downturns. This total debt chart helps assess the financial sustainability of Honeywell's business model during different phases of the economic cycle.
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio Honeywell International
Honeywell is a diversified industrial conglomerate with operations in aerospace, building automation, and other sectors. This chart illustrates the company's financial policy, which strives for a balance between investing in growth and returning capital to shareholders. Debt is used to manage this balanced strategy.
Market segment debt to market segment book capitalization - Industrial equipment
Honeywell is a diversified industrial conglomerate with operations in aerospace, building automation, and industrial materials. This chart illustrates how the company manages its finances across these diverse businesses. It compares its debt load to its industrial sector market capitalization, reflecting its balanced strategy.
Debt to book value of all companies in the market
Honeywell, a diversified industrial conglomerate, has a balanced portfolio of businesses. This chart compares its financial policy with the overall market. It shows that the company's debt burden is moderate compared to the average debt level across the economy, reflecting its stability.
P/E of the company, segment and market as a whole
P/E - Honeywell International
For Honeywell, a diversified industrial conglomerate, this metric reflects the combined valuation of its various businesses, from avionics to building automation systems. The company's P/E reflects how investors view the prospects of these end markets, which often serve as an indicator of the overall health of the global economy.
P/E of the market segment - Industrial equipment
Honeywell International is a diversified industrial conglomerate with operations in aerospace, building automation, materials manufacturing, and security technologies. This chart represents the average valuation for industrial companies, allowing one to assess the market's perception of the prospects for Honeywell's various business segments in the current economic cycle.
P/E of the market as a whole
Honeywell International is a diversified industrial conglomerate with operations in aerospace, building automation, materials manufacturing, and security technologies. Its diversification makes it a barometer of the health of various economic sectors. This sentiment chart helps us understand which of Honeywell's segments are likely to experience growth and which are likely to stagnate.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company Honeywell International
Honeywell International is a diversified industrial conglomerate with operations in aerospace, building automation, and high-tech materials. This chart reflects expectations for key long-term trends, such as energy efficiency and automation. The company's valuation is based on growth forecasts in each of its key segments.
Future (projected) P/E of the market segment - Industrial equipment
Honeywell International is a diversified industrial conglomerate producing products for the aerospace, building automation, and security industries. This chart is a barometer of the health of key economic sectors. Comparing its profit forecasts with the industrial sector shows how investors view its broad and resilient portfolio.
Future (projected) P/E of the market as a whole
Honeywell International is an industrial conglomerate with operations in aerospace, building automation, and industrial materials. Its diversified portfolio makes it a barometer of the global economy. This chart, reflecting business confidence, is a leading indicator for many of Honeywell's business segments.
Profit of the company, segment and market as a whole
Company profit Honeywell International
Honeywell International is a diversified industrial conglomerate producing products for aerospace, building automation, and industrial applications. The company's profits depend on demand in these key sectors. This chart illustrates how diversification helps the company maintain stability in various economic conditions.
Profit of companies in the market segment - Industrial equipment
Honeywell International is a diversified industrial and technology conglomerate. Its products are used in aerospace, building automation, manufacturing, and security. Its diversified business makes Honeywell resilient to industry cycles and allows it to serve as a proxy for a wide range of industrial markets.
Overall market profit
Honeywell International is a diversified technology and industrial conglomerate. The company manufactures products for aerospace, building automation, industrial processes, and security. Its broad range of activities makes Honeywell sensitive to investment cycles across various economic sectors, and its results reflect the overall state of industrial production.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company Honeywell International
Honeywell is a diversified industrial conglomerate with operations in aerospace, building automation, and high-tech materials. This chart reflects expectations for a recovery in air travel and increased demand for automation and energy efficiency solutions.
Future (predicted) profit of companies in the market segment - Industrial equipment
Honeywell International is a diversified industrial conglomerate with operations in aerospace, building automation, and materials. This chart shows total revenue forecasts for the industrial sector. It helps understand how diversification and a focus on technologies like automation impact Honeywell's prospects.
Future (predicted) profit of the market as a whole
The dynamics in this chart show expectations for Honeywell, a diversified industrial company. The profit forecast depends on results in four segments: aerospace, building technologies, high-performance materials, and automation. The state of the aviation industry and investments in warehouse automation are important growth drivers.
P/S of the company, segment and market as a whole
P/S - Honeywell International
Honeywell is a diversified industrial conglomerate with operations in aerospace, building automation, and industrial materials. This chart shows how investors value its revenue on a balanced basis. The multiple reflects confidence in the company's ability to generate stable sales across various sectors.
P/S market segment - Industrial equipment
Honeywell International is an industrial conglomerate producing a wide range of products, from avionics and building automation systems to industrial materials. This metric reflects the industry average revenue estimate. It helps investors understand how Honeywell's diversified portfolio and its role in key technology trends are viewed.
P/S of the market as a whole
Honeywell International is a diversified industrial conglomerate with operations in aerospace, building automation, materials manufacturing, and security technologies. This chart, showing average revenue estimates for Honeywell, helps understand how the market perceives the stability afforded by diversification across various end markets.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company Honeywell International
Honeywell International is a diversified industrial conglomerate producing products for the aerospace, building automation, and industrial processes industries. This chart shows how investors estimate the combined future revenues of these various segments, each dependent on its own macroeconomic drivers, such as air travel or construction.
Future (projected) P/S of the market segment - Industrial equipment
Honeywell International is a diversified industrial conglomerate with operations in aerospace, building automation, materials manufacturing, and security technologies. This chart shows how investors value its broad portfolio. Does diversification provide stability, or do investors prefer more focused industrial companies?
Future (projected) P/S of the market as a whole
Honeywell International is a diversified industrial conglomerate with operations in aerospace, building automation, and high-tech materials. Demand for its products is an indicator of the health of key economic sectors. Honeywell's revenue growth supports the overall positive expectations for industrial growth, as reflected in this chart.
Sales of the company, segment and market as a whole
Company sales Honeywell International
Honeywell International is a diversified industrial conglomerate operating in aerospace, building automation, and industrial technologies. This chart reflects demand for its high-tech products across various sectors, from aviation to construction.
Sales of companies in the market segment - Industrial equipment
Honeywell International is a diversified industrial conglomerate producing products for the aerospace, building automation, and industrial process industries. The company operates at the intersection of the physical and digital worlds. This chart shows total industrial sales, illustrating the demand for automation and efficiency technologies, where Honeywell is a leader.
Overall market sales
Honeywell International is a diversified industrial conglomerate producing products for the aerospace, building automation, security, and manufacturing industries. This chart, which reflects the state of industry and construction, is key for Honeywell. Economic growth drives investment in production modernization and new construction.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company Honeywell International
Honeywell is a diversified industrial conglomerate with operations in aerospace, building automation, and high-tech materials. The company's future revenue depends on the performance of several key economic sectors. This chart summarizes analyst forecasts for the airline, construction, and industrial manufacturing sectors.
Future (projected) sales of companies in the market segment - Industrial equipment
Honeywell International is a diversified technology and industrial conglomerate with operations in aerospace, building automation, and materials. This chart displays projected revenues for the entire industrial sector. It provides insight into global economic growth expectations, which impact all of Honeywell's key business segments.
Future (projected) sales of the market as a whole
Honeywell International is a diversified industrial conglomerate with operations in aerospace, building automation, and high-tech materials. Its business is sensitive to investment cycles in these sectors. This chart, reflecting general economic expectations, helps forecast demand for Honeywell products. Economic growth drives air travel, construction, and industrial manufacturing.
Marginality of the company, segment and market as a whole
Company marginality Honeywell International
Honeywell International is a diversified industrial conglomerate operating in aerospace, building automation, and high-tech materials. This chart shows the synergies between its various businesses. The company's performance depends on factors as diverse as air travel demand, construction rates, and the adoption of warehouse automation.
Market segment marginality - Industrial equipment
Honeywell International is a diversified technology and industrial conglomerate. The company produces a wide range of products, from aerospace systems to building automation solutions and personal protective equipment. This metric reflects how its balanced portfolio and focus on efficiency and safety technologies drive its stable profitability.
Market marginality as a whole
Honeywell International is a diversified industrial conglomerate producing products for the aerospace, construction, and oil and gas industries. This chart shows overall profit margins. In this context, Honeywell exemplifies a company deeply integrated into various economic sectors. Its results serve as a good indicator of the health of industrial production.
Employees in the company, segment and market as a whole
Number of employees in the company Honeywell International
Honeywell International is an industrial conglomerate operating in aerospace, building automation, and materials. This chart shows its diverse team. Headcount trends reflect the company's key industries, as well as its optimization efforts and focus on software.
Share of the company's employees Honeywell International within the market segment - Industrial equipment
This indicator demonstrates the scale of Honeywell International as a diversified technology and industrial conglomerate. Its workforce is spread across sectors such as aerospace, building automation, and industrial materials. This human capital creates technologies that make the world smarter, safer, and more sustainable.
Number of employees in the market segment - Industrial equipment
Honeywell International is a diversified technology and industrial conglomerate. The company produces a wide range of products, from avionics and building automation systems to safety equipment. This business requires a strong engineering base. This chart illustrates the scale of the industrial sector, where Honeywell is a key innovator and employer.
Number of employees in the market as a whole
Honeywell is a diversified industrial and technology giant. They produce everything from aircraft avionics and warehouse automation systems to smart building technologies. This chart reflects their customers. Honeywell sells its high-tech B2B solutions to the corporations that employ all these people, helping them make buildings safer and logistics more efficient.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company Honeywell International (HON)
Honeywell is a diversified industrial conglomerate operating in aerospace, construction, and other industries. Its employee ratio reflects the value of its technologies and its strong position in markets with high barriers to entry.
Market capitalization per employee (in thousands of dollars) in the market segment - Industrial equipment
Honeywell is a diversified industrial conglomerate producing everything from avionics to warehouse automation systems. It's a business built on high technology, engineering, and manufacturing. This chart shows the average market value per employee across these diverse, yet technologically complex, industrial segments.
Market capitalization per employee (in thousands of dollars) for the overall market
Honeywell International is a diversified industrial conglomerate operating in aerospace, construction, and other industries. This chart shows the average valuation across all segments. The high cost per employee, particularly in the aerospace division, is due to the high technology and cost of its products.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company Honeywell International (HON)
Honeywell (HON) is a high-tech industrial conglomerate. Its businesses include avionics, building automation, petrochemical materials, and protective equipment. This chart shows the performance of a diversified B2B manufacturer. A focus on software (Honeywell Forge) and high-margin technologies allows the company to increase its profitability per engineer.
Profit per employee (in thousands of dollars) in the market segment - Industrial equipment
Honeywell is a high-tech industrial conglomerate. This chart shows the benchmark for "Industrial Equipment." This "smart" manufacturing sector (avionics, building automation) has a higher benchmark than "old" manufacturing. Profit per employee here is a balance of hardware and high-margin software.
Profit per employee (in thousands of dollars) for the market as a whole
Honeywell International is a diversified industrial conglomerate producing products for the aerospace, building automation, and industrial processes. The company is focused on software and the Internet of Things. This chart shows how the digitalization of traditional industrial products impacts overall business performance.
Sales to employees of the company, segment and market as a whole
Sales per company employee Honeywell International (HON)
Honeywell International is a diversified industrial conglomerate operating in aerospace, construction, and other industries. This chart shows how the company generates revenue through the sale of high-tech products and solutions. Productivity per employee is the result of a combination of engineering, manufacturing, and software.
Sales per employee in the market segment - Industrial equipment
Honeywell International is a diversified industrial conglomerate with operations in aerospace, building automation, and specialty materials. This chart compares revenue per employee to the segment average. It shows the overall productivity of these high-tech industries relative to competitors.
Sales per employee for the market as a whole
Honeywell is a diversified industrial conglomerate. Their segments include aerospace equipment, building technology, personal protective equipment, and software. This chart shows the average performance across all of these segments. Their business is the production of high-tech industrial products, where engineering and patents play a key role.
Short shares by company, segment and market as a whole
Shares shorted by company Honeywell International (HON)
Honeywell is a diversified industrial conglomerate with operations in aerospace, building automation, and materials manufacturing. The bearish sentiment seen in this chart may be related to the cyclical nature of its markets. Concerns about a decline in air travel or a slowdown in commercial construction are negatively impacting expectations.
Shares shorted by market segment - Industrial equipment
Honeywell International is a diversified industrial conglomerate producing everything from avionics and building systems to petrochemical solutions. This chart shows the overall sentiment in the sector. It reflects investor expectations of a decline in commercial aviation or a slowdown in construction, which would negatively impact all industrial giants.
Shares shorted by the overall market
Honeywell is a diversified industrial conglomerate whose technologies are used in everything from aerospace to building automation. Like the entire industrial sector, Honeywell is sensitive to business cycles. This chart shows the overall level of investor anxiety. When it creeps upward, it signals expectations of an economic downturn, which reduces demand for industrial goods.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator Honeywell International (HON)
This chart shows momentum in Honeywell, a giant industrial conglomerate. Its businesses (aerospace, automation) are cyclical. Overbought levels (above 70) may signal that investors are overly optimistic about an industrial boom or a recovery in air travel. A drop below 30 (oversold) reflects recession fears, with the market anticipating a sharp decline in orders for new equipment.
RSI 14 Market Segment - Industrial equipment
Honeywell (HON) is a diversified industrial conglomerate deeply integrated into aerospace, building automation, and the Industrial Internet of Things (IIoT). This indicator measures the "temperature" of the entire industrial sector. It allows investors to understand whether HON's success is a result of its technological innovation or whether the company is simply moving in sync with the general cycle of industrial "overheating."
RSI 14 for the overall market
From aircraft avionics to smart building management systems, Honeywell is deeply integrated into the global economy. Their business is a barometer of industrial activity. Therefore, when this chart shows market euphoria, it often coincides with a surge in orders for HON. Conversely, panic signals a coming slowdown in investment.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast HON (Honeywell International)
This chart reflects Wall Street's consensus forecast for Honeywell, a giant of both the "old" and "new" economies. Analysts' target prices are based on the pace of recovery in the aerospace sector (HON's key market) and the growth in demand for warehouse automation. Their midpoint estimate reflects their belief that Honeywell will successfully embrace Industry 4.0 trends.
The difference between the consensus estimate and the actual stock price HON (Honeywell International)
Honeywell is a diversified industrial conglomerate whose technologies are used in everything from aerospace to warehouse and building automation. Their diversification is their strength. This chart shows how optimistic Wall Street is about their ability to grow across all segments. It shows the gap between the experts' target price and the current valuation.
Analyst consensus forecast for stock prices by market segment - Industrial equipment
Honeywell is a diversified industrial conglomerate producing everything from aircraft avionics to building climate control systems. This chart shows the overall analyst sentiment across the industrial equipment sector. It reflects whether investment in aerospace and automation is expected to increase or decline.
Analysts' consensus forecast for the overall market share price
Honeywell International is the brains and brawn of modern industry, from avionics to building automation. Their orders directly drive capital expenditures in aerospace, construction, and industrial sectors. This market sentiment chart shows how willing corporations are to invest in the future. Market optimism equals increased orders for Honeywell.
AKIMA index of the company, segment and market as a whole
AKiMA Company Index Honeywell International
Honeywell is a diversified industrial conglomerate. Their business spans key sectors: aerospace equipment, building automation technologies, materials, and warehouse software. This chart represents a diversified indicator reflecting the health of global aviation, the pace of commercial construction, and trends in supply chain automation.
AKIMA Market Segment Index - Industrial equipment
Honeywell is a diversified industrial conglomerate with strengths in aerospace, building automation, and energy transition technologies. This composite index evaluates companies across a range of metrics. The chart shows the sector average, allowing one to understand how Honeywell's diversification helps it outperform the average industrial competitor.
The AKIM Index for the overall market
Honeywell is a diversified industrial conglomerate whose technologies are used in everything from aerospace to warehouse automation and smart buildings. Its business is a true cross-section of the industrial economy. This chart, reflecting the market average, provides the necessary macro context. It allows one to assess how Honeywell, dependent on long industrial cycles, compares to the overall economic situation.