Harmony Gold Mining Stock Price on September 30, 2024

HMY Stock  USD 8.68  0.01  0.12%   
Below is the normalized historical share price chart for Harmony Gold Mining extending back to October 03, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Harmony Gold stands at 8.68, as last reported on the 18th of December 2024, with the highest price reaching 8.68 and the lowest price hitting 8.68 during the day.
IPO Date
30th of September 1996
200 Day MA
9.3401
50 Day MA
9.9584
Beta
1.245
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Harmony Stock, it is important to understand the factors that can impact its price. Harmony Gold Mining holds Efficiency (Sharpe) Ratio of -0.0369, which attests that the entity had a -0.0369% return per unit of risk over the last 3 months. Harmony Gold Mining exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Harmony Gold's Risk Adjusted Performance of (0.02), standard deviation of 3.48, and Market Risk Adjusted Performance of 0.6681 to validate the risk estimate we provide.
  
Total Stockholder Equity is likely to drop to about 25.2 B in 2024. Common Stock Shares Outstanding is likely to drop to about 422.8 M in 2024. At this time, Harmony Gold's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 12.72 in 2024, whereas Price Book Value Ratio is likely to drop 1.32 in 2024. Harmony Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0369

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Estimated Market Risk

 3.54
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Harmony Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Harmony Gold by adding Harmony Gold to a well-diversified portfolio.
Price Book
2.4274
Enterprise Value Ebitda
5.7306
Price Sales
0.0918
Shares Float
419.8 M
Dividend Share
2.41

Harmony Gold Main Headline on 30th of September 2024

Shares of Harmony Gold Mining Co Ltd fell 5.65 percent in mid-day trading on Sep 30. The stock reached an intraday low of 10.16, before recovering slightly to

Harmony Gold Valuation on September 30, 2024

It is possible to determine the worth of Harmony Gold on a given historical date. On September 30, 2024 Harmony was worth 10.33 at the beginning of the trading date compared to the closed value of 10.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Harmony Gold stock. Still, in general, we apply an absolute valuation method to find Harmony Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Harmony Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Harmony Gold's related companies.
 Open High Low Close Volume
  10.94    11.02    10.68    10.74    3,628,966  
09/30/2024
  10.33    10.36    10.03    10.12    3,515,552  
  10.47    10.83    10.44    10.78    3,645,127  
Backtest Harmony Gold  |  Harmony Gold History  |  Harmony Gold Valuation   PreviousNext  
Open Value
10.33
10.12
Closing Value
20.96
Upside

Harmony Gold Trading Date Momentum on September 30, 2024

On October 01 2024 Harmony Gold Mining was traded for  10.78  at the closing time. Highest Harmony Gold's price during the trading hours was 10.83  and the lowest price during the day was  10.44 . The net volume was 3.6 M. The overall trading history on the 1st of October contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 6.52% . The trading delta at closing time to current price is 7.41% .

Harmony Gold Mining Fundamentals Correlations and Trends

By evaluating Harmony Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Harmony Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Harmony financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Harmony Gold Stock history

Harmony Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Harmony is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Harmony Gold Mining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Harmony Gold stock prices may prove useful in developing a viable investing in Harmony Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding629.7 M422.8 M
Net Income Applicable To Common Shares5.5 B5.8 B

Harmony Gold Quarterly Net Working Capital

3.89 Billion

Harmony Gold Stock Technical Analysis

Harmony Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Harmony Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Harmony Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Harmony Gold Period Price Range

Low
December 18, 2024
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High

 0.00 

     

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Harmony Gold Mining cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Harmony Gold December 18, 2024 Market Strength

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

Harmony Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Harmony Gold's price direction in advance. Along with the technical and fundamental analysis of Harmony Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Harmony to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Harmony Stock Analysis

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