Harmony Stock Analysis

HMY
 Stock
  

USD 3.55  0.12  3.50%   

The modest gains experienced by current holders of Harmony Gold Mining may raise some interest from investors. The stock closed today at a share price of 3.55 on 3,340,177 in trading volume. The company management teams have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.92. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Harmony Gold Mining partners.
Please check Risk vs Return Analysis.
  
The Harmony Gold stock analysis report makes it easy to digest most publicly released information about Harmony Gold and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Harmony Stock analysis module also helps to analyze the Harmony Gold price relationship with some important fundamental indicators such as market cap and management efficiency.

Harmony Stock Analysis Notes

About 30.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.07. Some equities with similar Price to Book (P/B) outperform the market in the long run. Harmony Gold Mining next dividend is scheduled to be issued on the 7th of April 2022. Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company was incorporated in 1950 and is headquartered in Randfontein, South Africa. Harmony Gold operates under Gold classification in the United States and is traded on New York Stock Exchange. It employs 38459 people. 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 has very high historical volatility over the last 90 days

Harmony Gold Mining Upcoming and Recent Events

Earnings reports are used by Harmony Gold to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Harmony Gold previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report2nd of February 2017
Next Fiscal Quarter End31st of December 2016
Next Fiscal Year End16th of August 2017
Last Quarter Report30th of September 2016
Last Financial Announcement31st of December 2015

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.
Gold and Gold Mining
Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas
Compulsion
Addiction driven consumer products and services

Harmony Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 2.23 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 these 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 Net Profit Margin of 4.52 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is considered to be average in the sector. In the same way, it shows Net Operating Margin of 19.76 %, which entails that for every 100 dollars of revenue, it generated 0.2 of operating income.

Management Efficiency

The entity has Return on Asset of 4.34 % which means that on every $100 spent on asset, it made $4.34 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 6.07 %, implying that it generated $6.07 on every 100 dollars invested. Harmony Gold management efficiency ratios could be used to measure how well harmony gold mining manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 8th of August, Harmony Gold retains the market risk adjusted performance of (0.18), and Risk Adjusted Performance of (0.05). 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. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have collected data for nineteen technical drivers for Harmony Gold Mining, which can be compared to its competitors. Please check out Harmony Gold Mining variance and potential upside to decide if Harmony Gold is priced fairly, providing market reflects its last-minute price of 3.55 per share. Given that Harmony Gold Mining has jensen alpha of (0.14), we strongly advise you to confirm Harmony Gold Mining's regular market performance to make sure the company can sustain itself at a future point.

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 Triangular Moving Average shows Harmony Gold double smoothed mean price over a specified number of previous prices (i.e., averaged twice).
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Harmony Gold Technical and Predictive Indicators

Harmony Gold Forecast Models

Harmony Gold time-series forecasting models is one of many Harmony Gold's stock analysis techniquest aimed to predict 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 stock market movement and maximize returns from investment trading.

About Harmony Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Harmony Gold stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Harmony shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Harmony Gold. By using and applying Harmony Stock analysis, traders can create a robust methodology for identifying Harmony entry and exit points for their positions.
Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company was incorporated in 1950 and is headquartered in Randfontein, South Africa. Harmony Gold operates under Gold classification in the United States and is traded on New York Stock Exchange. It employs 38459 people.

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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.

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Please check Risk vs Return Analysis. Note that the Harmony Gold Mining information on this page should be used as a complementary analysis to other Harmony Gold's 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Harmony Gold Mining 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 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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Is Harmony Gold's 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 Gold. 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 Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.7
Market Capitalization
2.2 B
Quarterly Revenue Growth YOY
0.017
Return On Assets
0.0434
Return On Equity
0.0607
The market value of Harmony Gold Mining 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is Harmony Gold's 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 Gold's market value can be influenced by many factors that don't directly affect Harmony Gold's 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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine Harmony Gold value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmony Gold's 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.