Harmony Gold (Germany) Buy Hold or Sell Recommendation
| HAM Stock | EUR 8.85 0.05 0.56% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Harmony Gold Mining is 'Strong Sell'. Macroaxis provides Harmony Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HAM positions.
Check out Harmony Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Harmony and provide practical buy, sell, or hold advice based on investors' constraints. Harmony Gold Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Harmony |
Execute Harmony Gold Buy or Sell Advice
The Harmony recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Harmony Gold Mining. Macroaxis does not own or have any residual interests in Harmony Gold Mining or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Harmony Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Harmony Gold Trading Alerts and Improvement Suggestions
| Harmony Gold Mining had very high historical volatility over the last 90 days | |
| 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. |
Harmony Gold Returns Distribution Density
The distribution of Harmony Gold's historical returns is an attempt to chart the uncertainty of Harmony Gold's future price movements. The chart of the probability distribution of Harmony Gold daily returns describes the distribution of returns around its average expected value. We use Harmony Gold Mining price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Harmony Gold returns is essential to provide solid investment advice for Harmony Gold.
| Mean Return | -0.11 | Value At Risk | -5.38 | Potential Upside | 7.88 | Standard Deviation | 3.76 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Harmony Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Harmony Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Harmony Gold or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Harmony Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Harmony stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 1.29 | |
σ | Overall volatility | 3.75 | |
Ir | Information ratio | -0.06 |
Harmony Gold Volatility Alert
Harmony Gold Mining exhibits very low volatility with skewness of 0.52 and kurtosis of -0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Harmony Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Harmony Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Harmony Gold Fundamentals Vs Peers
Comparing Harmony Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Harmony Gold's direct or indirect competition across all of the common fundamentals between Harmony Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Harmony Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Harmony Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Harmony Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Harmony Gold to competition |
| Fundamentals | Harmony Gold | Peer Average |
| Return On Equity | -0.033 | -0.31 |
| Return On Asset | 0.0552 | -0.14 |
| Profit Margin | (0.02) % | (1.27) % |
| Operating Margin | 0.1 % | (5.51) % |
| Current Valuation | 2.12 B | 16.62 B |
| Shares Outstanding | 618.03 M | 571.82 M |
| Shares Owned By Institutions | 33.97 % | 39.21 % |
| Price To Book | 1.26 X | 9.51 X |
| Price To Sales | 0.04 X | 11.42 X |
| Revenue | 42.65 B | 9.43 B |
| Gross Profit | 9.05 B | 27.38 B |
| EBITDA | (340 M) | 3.9 B |
| Net Income | (1.05 B) | 570.98 M |
| Cash And Equivalents | 52.12 M | 2.7 B |
| Cash Per Share | 0.12 X | 5.01 X |
| Total Debt | 3.18 B | 5.32 B |
| Debt To Equity | 23.20 % | 48.70 % |
| Current Ratio | 1.38 X | 2.16 X |
| Book Value Per Share | 48.73 X | 1.93 K |
| Cash Flow From Operations | 6.92 B | 971.22 M |
| Earnings Per Share | (0.09) X | 3.12 X |
| Target Price | 3.32 | |
| Number Of Employees | 9 | 18.84 K |
| Beta | 0.82 | -0.15 |
| Market Capitalization | 1.81 B | 19.03 B |
| Total Asset | 46.81 B | 29.47 B |
| Annual Yield | 0.01 % | |
| Net Asset | 46.81 B | |
| Last Dividend Paid | 0.62 |
Harmony Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Harmony . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Harmony Gold Buy or Sell Advice
When is the right time to buy or sell Harmony Gold Mining? Buying financial instruments such as Harmony Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Information and Resources on Investing in Harmony Stock
When determining whether Harmony Gold Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Harmony Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Harmony Gold Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Harmony Gold Mining Stock:Check out Harmony Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..