Harmony Stock Price on July 12, 2021 Breakdown

HRMY -  USA Stock  

USD 37.55  0.84  2.19%

Harmony Stock price history is provided at the adjusted basis, taking into account all of the recent filings. As of today, the current price of Harmony Biosciences is  37.55 , as last reported on the 28th of November, with the highest price reaching  38.73  and the lowest price hitting  36.21  during the day.
We consider Harmony Biosciences very steady. Harmony Biosciences holds Efficiency (Sharpe) Ratio of 0.0211, which attests that the entity had 0.0211% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Harmony Biosciences, which you can use to evaluate the future volatility of the firm. Please check out Harmony Biosciences Risk Adjusted Performance of 0.0483, market risk adjusted performance of 0.1565, and Downside Deviation of 3.16 to validate if the risk estimate we provide is consistent with the expected return of 0.0614%.

Harmony Stock Price History 

 
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Net Income Common Stock is likely to drop to about (68.9 M) in 2021. Price to Book Value is likely to drop to 18.94 in 2021. Price to Earnings Ratio is likely to drop to -14.16 in 2021.

Harmony Biosciences Main Headline on 12th of July 2021

Unclassified Event
by SEC
Unclassified Corporate Event

Harmony Biosciences Valuation on July 12, 2021

It is possible to determine the worth of Harmony Biosciences on a given historical date. On July 12, 2021 Harmony was worth 28.96 at the beginning of the trading date compared to the closed value of 30.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Harmony Biosciences stock. Still, in general, we apply an absolute valuation method to find Harmony Biosciences' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Harmony Biosciences' related companies.
 Open High Low Close Volume
  28.20    29.25    28.20    29.08    84,300  
07/12/2021
  28.96    30.31    28.71    30.22    190,000  
  30.10    30.39    29.28    29.88    254,900  
Backtest Harmony Biosciences  |  Harmony Biosciences History  |  Harmony Biosciences Valuation   PreviousNext  
Open Value
28.96
12th of July 2021
30.22
Closing Value
37.69
Upside

Harmony Biosciences Trading Date Momentum on July 12, 2021

On July 13 2021 Harmony Biosciences Holdings was traded for  29.88  at the closing time. The top price for the day was 30.39  and the lowest listed price was  29.28 . The trading volume for the day was 254.9 K. The trading history from July 13, 2021 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.13% . The trading delta at closing time against the current closing price is 1.95% .

Harmony Biosciences Fundamentals Correlations and Trends

By evaluating Harmony Biosciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Harmony Biosciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Harmony financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Harmony Biosciences Stock history

Harmony Biosciences investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Harmony is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Harmony Biosciences will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Harmony Biosciences historical stock prices may prove useful in developing a viable investing in Harmony Biosciences
Last ReportedProjected for 2021
Weighted Average Shares25.8 M21.7 M
Weighted Average Shares Diluted25.8 M21.7 M
Issuance Purchase of Equity Shares147.8 M159.4 M
Harmony Biosciences Holdings, Inc., a commercial-stage pharmaceutical company, develops and commercializes therapies for patients with rare neurological disorders. Harmony Biosciences Holdings, Inc. was incorporated in 2017 and is based in Plymouth Meeting, Pennsylvania. Harmony Biosciences operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 150 people.

Harmony Biosciences Quarterly Market Capitalization

2.19 BillionShare

Harmony Biosciences Stock Technical Analysis

Harmony Biosciences technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Harmony Biosciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Harmony Biosciences trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Harmony Biosciences Period Price Range

Low
July 12, 2021
High

 28.96 

  

 30.22 

1.264.35%

Harmony Biosciences November 28, 2021 Market Strength

Market strength indicators help investors to evaluate how Harmony Biosciences 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 Biosciences shares will generate the highest return on investment. By undertsting and applying Harmony Biosciences stock market strength indicators, traders can identify Harmony Biosciences Holdings entry and exit signals to maximize returns

Harmony Biosciences Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Harmony stock's direction in advance. Along with the technical and fundamental analysis of Harmony Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Harmony to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Please check Risk vs Return Analysis. Note that the Harmony Biosciences information on this page should be used as a complementary analysis to other Harmony Biosciences' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Harmony Stock analysis

When running Harmony Biosciences price analysis, check to measure Harmony Biosciences' 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 Biosciences is operating at the current time. Most of Harmony Biosciences' value examination focuses on studying past and present price action to predict the probability of Harmony Biosciences' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Harmony Biosciences' price. Additionally, you may evaluate how the addition of Harmony Biosciences to your portfolios can decrease your overall portfolio volatility.
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Is Harmony Biosciences' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Harmony Biosciences. If investors know Harmony will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Harmony Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Harmony Biosciences is measured differently than its book value, which is the value of Harmony that is recorded on the company's balance sheet. Investors also form their own opinion of Harmony Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Harmony Biosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Harmony Biosciences' market value can be influenced by many factors that don't directly affect Harmony Biosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harmony Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine Harmony Biosciences value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmony Biosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.