Harmony Gold Mining Stock Price on November 19, 2024
| HMY Stock | USD 9.29 0.08 0.87% |
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 9.29, as last reported on the 11th of December 2024, with the highest price reaching 9.48 and the lowest price hitting 9.20 during the day.
If you're considering investing in Harmony Stock, it is important to understand the factors that can impact its price. At this stage we consider Harmony Stock to be slightly risky. Harmony Gold Mining holds Efficiency (Sharpe) Ratio of 0.0086, which attests that the entity had a 0.0086% return per unit of risk over the last 3 months. We have found thirty technical indicators for Harmony Gold Mining, which you can use to evaluate the volatility of the firm. Please check out Harmony Gold's Downside Deviation of 3.32, market risk adjusted performance of 0.1726, and Risk Adjusted Performance of 0.0363 to validate if the risk estimate we provide is consistent with the expected return of 0.0299%.
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.
IPO Date 30th of September 1996 | 200 Day MA 9.2493 | 50 Day MA 10.082 | Beta 1.245 |
Harmony |
Sharpe Ratio = 0.0086
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| Negative Returns | HMY |
Estimated Market Risk
| 3.49 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 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 2.3888 | Enterprise Value Ebitda 5.6348 | Price Sales 0.0952 | Shares Float 419.8 M | Dividend Share 2.41 |
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Harmony Gold Valuation on November 19, 2024
It is possible to determine the worth of Harmony Gold on a given historical date. On November 19, 2024 Harmony was worth 9.66 at the beginning of the trading date compared to the closed value of 9.6. 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 | |
| 9.28 | 9.43 | 9.16 | 9.31 | 5,813,084 | |
11/19/2024 | 9.66 | 9.72 | 9.37 | 9.60 | 4,948,537 |
| 9.60 | 9.72 | 9.43 | 9.51 | 4,209,040 |
| Backtest Harmony Gold | | | Harmony Gold History | | | Harmony Gold Valuation | Previous | Next |
Harmony Gold Trading Date Momentum on November 19, 2024
| On November 20 2024 Harmony Gold Mining was traded for 9.51 at the closing time. Highest Harmony Gold's price during the trading hours was 9.72 and the lowest price during the day was 9.43 . The net volume was 4.2 M. The overall trading history on the 20th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.94% . The trading delta at closing time to current price is 5.31% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 629.7 M | 422.8 M | |
| Net Income Applicable To Common Shares | 5.5 B | 5.8 B |
Harmony Gold Quarterly Net Working Capital |
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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.
Price Boundaries
Harmony Gold Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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 11, 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.
| Risk Adjusted Performance | 0.0363 | |||
| Jensen Alpha | 0.0387 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.005 | |||
| Treynor Ratio | 0.1626 |
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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.