Harmony Gold (Germany) Performance
| HAM Stock | EUR 10.30 0.20 1.90% |
On a scale of 0 to 100, Harmony Gold holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Harmony Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harmony Gold is expected to be smaller as well. Please check Harmony Gold's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Harmony Gold's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Harmony Gold Mining are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, Harmony Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.8 B | |
| Total Cashflows From Investing Activities | -6.2 B |
Harmony |
Harmony Gold Relative Risk vs. Return Landscape
If you would invest 845.00 in Harmony Gold Mining on November 28, 2024 and sell it today you would earn a total of 185.00 from holding Harmony Gold Mining or generate 21.89% return on investment over 90 days. Harmony Gold Mining is currently producing 0.3718% returns and takes up 2.7011% volatility of returns over 90 trading days. Put another way, 24% of traded stocks are less volatile than Harmony, and 93% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Harmony Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harmony Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Harmony Gold Mining, and traders can use it to determine the average amount a Harmony Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1376
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Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Harmony Gold is performing at about 10% of its full potential. 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 it to a well-diversified portfolio.
Harmony Gold Fundamentals Growth
Harmony Stock prices reflect investors' perceptions of the future prospects and financial health of Harmony Gold, and Harmony Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Harmony Stock performance.
| Return On Equity | -0.033 | |||
| Return On Asset | 0.0552 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 2.12 B | |||
| Shares Outstanding | 618.03 M | |||
| Price To Book | 1.26 X | |||
| Price To Sales | 0.04 X | |||
| Revenue | 42.65 B | |||
| EBITDA | (340 M) | |||
| Cash And Equivalents | 52.12 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 3.18 B | |||
| Debt To Equity | 23.20 % | |||
| Book Value Per Share | 48.73 X | |||
| Cash Flow From Operations | 6.92 B | |||
| Earnings Per Share | (0.09) X | |||
| Total Asset | 46.81 B | |||
About Harmony Gold Performance
By analyzing Harmony Gold's fundamental ratios, stakeholders can gain valuable insights into Harmony Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Harmony Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Harmony Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold in South Africa and Papua New Guinea. Harmony Gold Mining Company Limited was incorporated in 1950 and is based in Randfontein, South Africa. HARMONY GD operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 34031 people.Things to note about Harmony Gold Mining performance evaluation
Checking the ongoing alerts about Harmony Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Harmony Gold Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Harmony Gold Mining has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 42.65 B. Net Loss for the year was (1.05 B) with profit before overhead, payroll, taxes, and interest of 9.05 B. |
- Analyzing Harmony Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Harmony Gold's stock is overvalued or undervalued compared to its peers.
- Examining Harmony Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Harmony Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Harmony Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Harmony Gold's stock. These opinions can provide insight into Harmony Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary 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.
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