Harmony Gold Pink Sheet Forecast - Accumulation Distribution

HGMCF Stock  USD 10.27  0.00  0.00%   
Harmony Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Harmony Gold's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Harmony Gold Mining has current Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Harmony Gold is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Harmony Gold Mining to determine if accumulation or reduction is taking place in the market. This value is adjusted by Harmony Gold trading volume to give more weight to distributions with higher volume over lower volume.
Check Harmony Gold VolatilityBacktest Harmony GoldInformation Ratio  

Harmony Gold Trading Date Momentum

On October 21 2024 Harmony Gold Mining was traded for  10.27  at the closing time. The highest daily price throughout the period was 10.27  and the lowest price was  10.27 . There was no trading activity during the period 0.0. Lack of trading volume on 10/21/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Harmony Gold to competition

Harmony Gold Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Harmony Gold pink sheet to make a market-neutral strategy. Peer analysis of Harmony Gold could also be used in its relative valuation, which is a method of valuing Harmony Gold by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Harmony Gold Market Strength Events

Market strength indicators help investors to evaluate how Harmony Gold pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Harmony Gold shares will generate the highest return on investment. By undertsting and applying Harmony Gold pink sheet market strength indicators, traders can identify Harmony Gold Mining entry and exit signals to maximize returns.

Harmony Gold Risk Indicators

The analysis of Harmony Gold's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Harmony Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting harmony pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Harmony Pink Sheet

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 Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 if Harmony Gold is a good investment 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.