Harmony Gold Stock Forecast - Market Risk Adjusted Performance

HMY Stock  USD 23.45  0.41  1.78%   
Harmony Stock Forecast is based on your current time horizon.
At this time the relative strength momentum indicator of Harmony Gold's share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Harmony Gold's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Harmony Gold Mining, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Harmony Gold's stock price prediction:
Quarterly Earnings Growth
1.467
EPS Estimate Current Year
2.3861
EPS Estimate Next Year
2.41
Wall Street Target Price
22.8017
Quarterly Revenue Growth
0.227
Using Harmony Gold hype-based prediction, you can estimate the value of Harmony Gold Mining from the perspective of Harmony Gold response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Harmony Gold using Harmony Gold's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Harmony using crowd psychology based on the activity and movement of Harmony Gold's stock price.

Harmony Gold Short Interest

An investor who is long Harmony Gold may also wish to track short interest. As short interest increases, investors should be becoming more worried about Harmony Gold and may potentially protect profits, hedge Harmony Gold with its derivative instruments, or be ready for some potential downside.
200 Day MA
16.7076
Short Percent
0.0131
Short Ratio
1.57
Shares Short Prior Month
6.3 M
50 Day MA
19.857

Harmony Gold Mining Hype to Price Pattern

Investor biases related to Harmony Gold's public news can be used to forecast risks associated with an investment in Harmony. The trend in average sentiment can be used to explain how an investor holding Harmony can time the market purely based on public headlines and social activities around Harmony Gold Mining. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Harmony Gold Implied Volatility

    
  0.98  
Harmony Gold's implied volatility exposes the market's sentiment of Harmony Gold Mining stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Harmony Gold's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Harmony Gold stock will not fluctuate a lot when Harmony Gold's options are near their expiration.

Harmony Gold after-hype prediction price

    
  USD 23.45  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Harmony Gold to cross-verify your projections.

Prediction based on Rule 16 of the current Harmony contract

Based on the Rule 16, the options market is currently suggesting that Harmony Gold Mining will have an average daily up or down price movement of about 0.0613% per day over the life of the 2026-03-20 option contract. With Harmony Gold trading at USD 23.45, that is roughly USD 0.0144 . If you think that the market is fully incorporating Harmony Gold's daily price movement you should consider acquiring Harmony Gold Mining options at the current volatility level of 0.98%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Open Interest Against 2026-03-20 Harmony Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Harmony Gold's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Harmony Gold's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Harmony Gold stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Harmony Gold's open interest, investors have to compare it to Harmony Gold's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Harmony Gold is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Harmony. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

Harmony Gold Additional Predictive Modules

Most predictive techniques to examine Harmony price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Harmony using various technical indicators. When you analyze Harmony charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Harmony Gold Mining has current Market Risk Adjusted Performance of 0.
Check Harmony Gold VolatilityBacktest Harmony GoldInformation Ratio  

Harmony Gold Trading Date Momentum

On January 25 2026 Harmony Gold Mining was traded for  23.45  at the closing time. Highest Harmony Gold's price during the trading hours was 23.70  and the lowest price during the day was  23.14 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of January did not cause price change. The trading delta at closing time to current price is 0.21% .
Compare Harmony Gold to competition

Other Forecasting Options for Harmony Gold

For every potential investor in Harmony, whether a beginner or expert, Harmony Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Harmony Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Harmony. Basic forecasting techniques help filter out the noise by identifying Harmony Gold's price trends.

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 stock 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 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 Gold shares will generate the highest return on investment. By undertsting and applying Harmony Gold stock 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 stock 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.

Story Coverage note for Harmony Gold

The number of cover stories for Harmony Gold depends on current market conditions and Harmony Gold's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Harmony Gold is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Harmony Gold's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Harmony Gold Short Properties

Harmony Gold's future price predictability will typically decrease when Harmony Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Harmony Gold Mining often depends not only on the future outlook of the potential Harmony Gold's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Harmony Gold's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding629 M
Cash And Short Term Investments13.1 B

Additional 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.