Harmony Gold Mining Stock Alpha and Beta Analysis
| HMY Stock | USD 12.11 0.10 0.82% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Harmony Gold Mining. It also helps investors analyze the systematic and unsystematic risks associated with investing in Harmony Gold over a specified time horizon. Remember, high Harmony Gold's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Harmony Gold's market risk premium analysis include:
Beta 0.4 | Alpha 0.57 | Risk 3.09 | Sharpe Ratio 0.19 | Expected Return 0.58 |
Harmony Gold Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Harmony |
Harmony Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Harmony Gold market risk premium is the additional return an investor will receive from holding Harmony Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Harmony Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Harmony Gold's performance over market.| α | 0.57 | β | 0.40 |
Harmony Gold expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Harmony Gold's Buy-and-hold return. Our buy-and-hold chart shows how Harmony Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Harmony Gold Market Price Analysis
Market price analysis 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 understating and applying Harmony Gold stock market price indicators, traders can identify Harmony Gold position entry and exit signals to maximize returns.
Harmony Gold Return and Market Media
The median price of Harmony Gold for the period between Sat, Dec 14, 2024 and Fri, Mar 14, 2025 is 10.45 with a coefficient of variation of 13.55. The daily time series for the period is distributed with a sample standard deviation of 1.38, arithmetic mean of 10.16, and mean deviation of 1.23. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Why Harmony Gold Mining Company Ltd. Is Soaring | 02/04/2025 |
2 | Alchemy Resources And 2 Other ASX Penny Stocks To Watch | 02/12/2025 |
3 | Closing Bell ASX sinks as soft earnings melt hopes Fortescue and Magellan hit hard | 02/20/2025 |
4 | U S Global Investors Inc. Decreases Stock Holdings in Harmony Gold Mining Company Limited | 02/28/2025 |
5 | Harmony Gold Mining Co Ltd Earnings Call Highlights Record Profits and ... | 03/05/2025 |
6 | Harmony Gold Mining Co Ltd Shares Up 3.74 percent on Mar 11 | 03/11/2025 |
7 | Harmony Gold Mining Co Ltd Trading 2.2 percent Higher on Mar 13 | 03/13/2025 |
About Harmony Gold Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Harmony or other stocks. Alpha measures the amount that position in Harmony Gold Mining has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.003146 | 0.0138 | 0.0159 | 0.0174 | Price To Sales Ratio | 0.99 | 1.69 | 1.95 | 1.96 |
Harmony Gold Investors Sentiment
The influence of Harmony Gold's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Harmony. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Harmony Gold's public news can be used to forecast risks associated with an investment in Harmony. The trend in average sentiment can be used to explain how an investor holding Harmony can time the market purely based on public headlines and social activities around Harmony Gold Mining. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Harmony Gold's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Harmony Gold's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Harmony Gold's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Harmony Gold.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Harmony Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Harmony Gold's short interest history, or implied volatility extrapolated from Harmony Gold options trading.
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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.