Harmony Gold (South Africa) Analysis
| HAR Stock | 17,948 648.00 3.75% |
Harmony Gold Mining is overvalued with Real Value of 14976.99 and Hype Value of 17300.0. The main objective of Harmony Gold stock analysis is to determine its intrinsic value, which is an estimate of what Harmony Gold Mining is worth, separate from its market price. There are two main types of Harmony Gold's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Harmony Gold's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Harmony Gold's stock to identify patterns and trends that may indicate its future price movements.
The Harmony Gold stock is traded in South Africa on Johannesburg Exchange, with the market opening at 09:00:00 and closing at 17:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in South Africa. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Harmony Gold's ongoing operational relationships across important fundamental and technical indicators.
Harmony |
Harmony Stock Analysis Notes
About 12.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.27. Some equities with similar Price to Book (P/B) outperform the market in the long run. Harmony Gold Mining last dividend was issued on the 12th of October 2022. To learn more about Harmony Gold Mining call Peter Steenkamp at 27 11 411 2000 or check out https://www.harmony.co.za.Harmony Gold Mining Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Harmony Gold's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Harmony Gold Mining or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Harmony Gold Mining had very high historical volatility over the last 90 days | |
| 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. | |
| About 12.0% of the company shares are held by company insiders |
Harmony Gold Thematic Classifications
In addition to having Harmony Gold stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | CopperCopper production | |
 | Heavy MetalsIndustrial metals and minerals | |
 | SilverSilver mining and silver goods production |
Harmony Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 36.55 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Harmony Gold's market, we take the total number of its shares issued and multiply it by Harmony Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Harmony Profitablity
Harmony Gold's profitability indicators refer to fundamental financial ratios that showcase Harmony Gold's ability to generate income relative to its revenue or operating costs. If, let's say, Harmony Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Harmony Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Harmony Gold's profitability requires more research than a typical breakdown of Harmony Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.02) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.1 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.1. Technical Drivers
As of the 22nd of November, Harmony Gold retains the Standard Deviation of 3.24, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.71). Harmony Gold technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Harmony Gold Mining coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Harmony Gold is priced fairly, providing market reflects its last-minute price of 17948.0 per share.Harmony Gold Mining Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Harmony Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Harmony Gold Mining. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Harmony Gold Outstanding Bonds
Harmony Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Harmony Gold Mining uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Harmony bonds can be classified according to their maturity, which is the date when Harmony Gold Mining has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Harmony Gold Predictive Daily Indicators
Harmony Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Harmony Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 147112.0 | |||
| Daily Balance Of Power | 0.6701 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 18116.5 | |||
| Day Typical Price | 18060.33 | |||
| Market Facilitation Index | 3.0E-4 | |||
| Price Action Indicator | 155.5 | |||
| Period Momentum Indicator | 648.0 |
Harmony Gold Forecast Models
Harmony Gold's time-series forecasting models are one of many Harmony Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Harmony Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Harmony Gold to your portfolios without increasing risk or reducing expected return.Did you try this?
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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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