Harmony Gold Financials
| HAR Stock | 20,840 151.00 0.73% |
Harmony |
Understanding current and past Harmony Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Harmony Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Harmony Gold's assets may result in an increase in income on the income statement.
Please note, the presentation of Harmony Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Harmony Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Harmony Gold's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | ZAE000015228 |
| Business Address | Randfontein Office park, |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | www.harmony.co.za |
| Phone | 27 11 411 2000 |
You should never invest in Harmony Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Harmony Stock, because this is throwing your money away. Analyzing the key information contained in Harmony Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Harmony Gold Key Financial Ratios
There are many critical financial ratios that Harmony Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Harmony Gold Mining reports annually and quarterly.| Return On Equity | -0.033 | |||
| Return On Asset | 0.0552 | |||
| Target Price | 56.14 | |||
| Beta | 0.82 | |||
| Z Score | 6.6 |
Harmony Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Harmony Gold's current stock value. Our valuation model uses many indicators to compare Harmony Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Harmony Gold competition to find correlations between indicators driving Harmony Gold's intrinsic value. More Info.Harmony Gold Mining is rated # 2 in return on equity category among its peers. It is rated # 3 in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Harmony Gold's earnings, one of the primary drivers of an investment's value.Harmony Gold Mining Systematic Risk
Harmony Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Harmony Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Harmony Gold Mining correlated with the market. If Beta is less than 0 Harmony Gold generally moves in the opposite direction as compared to the market. If Harmony Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Harmony Gold Mining is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Harmony Gold is generally in the same direction as the market. If Beta > 1 Harmony Gold moves generally in the same direction as, but more than the movement of the benchmark.
Harmony Gold Thematic Clasifications
Harmony Gold Mining is part of several thematic ideas from Silver to Copper. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasHarmony Gold January 31, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Harmony Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Harmony Gold Mining. We use our internally-developed statistical techniques to arrive at the intrinsic value of Harmony Gold Mining based on widely used predictive technical indicators. In general, we focus on analyzing Harmony Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Harmony Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.54 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 11.12 | |||
| Value At Risk | (4.86) | |||
| Potential Upside | 4.39 |
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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