GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Harmony Gold Mining Co Ltd (NYSE:HMY) » Definitions » 6-Month Price Index

Harmony Gold Mining Co (Harmony Gold Mining Co) 6-Month Price Index : 1.90 (As of Apr. 27, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Harmony Gold Mining Co 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-27), Harmony Gold Mining Co's 6-Month Price Index is 1.90.


Competitive Comparison of Harmony Gold Mining Co's 6-Month Price Index

For the Gold subindustry, Harmony Gold Mining Co's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harmony Gold Mining Co  (NYSE:HMY) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Harmony Gold Mining Co  (NYSE:HMY) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.


Harmony Gold Mining Co 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Harmony Gold Mining Co's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Harmony Gold Mining Co (Harmony Gold Mining Co) Business Description

Address
Corner Main Reef Road and Ward Avenue, Randfontein Office Park, Randfontein, ZAF, 1759
Harmony Gold Mining Co Ltd is a gold mining and exploration company having operations in South Africa and Papua New Guinea (PNG). Its projects include Bambanani, Joel, Masimong, Phakisa, Target 1, Tshepong, Unisel, Doornkop, and Kusasalethu. The group's segments are Tshepong Operations, Bambanani, Joel, Doornkop, Moab Khotsong, Hidden Valley, Target 1, Kusasalethu, Masimong, Unisel, and all other surface operations.

Harmony Gold Mining Co (Harmony Gold Mining Co) Headlines

From GuruFocus

Harmony Gold Releases 1st-Half 2017 Results

By Alberto Abaterusso Alberto Abaterusso 02-06-2017

Harmony Gold: Workers' Strike Stopped

By Alberto Abaterusso Alberto Abaterusso 04-06-2017

Do Not Add to Harmony Gold Mining

By Alberto Abaterusso Alberto Abaterusso 11-15-2018

Harmony Gold Expects Higher Earnings for the First Half of 2017

By Alberto Abaterusso Alberto Abaterusso 01-31-2017

Harmony Gold's Strike Ends

By Holmes Osborne, CFA Holmes Osborne, CFA 03-24-2017