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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-30), Harmony Gold Mining Co's 12-1 Month Momentum % is 23.16%.
The industry rank for Harmony Gold Mining Co's 12-1 Month Momentum % or its related term are showing as below:
HMY's 12-1 Month Momentum % is ranked better than 52.96% of 2500
companies
in the Metals & Mining industry
Industry Median: 8.855
vs HMY: 23.16
Harmony Gold Mining Co (NYSE:HMY) 12-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Harmony Gold Mining Co 12-1 Month Momentum % Related Terms
HMY vs NEM, AU, RGLD: 12-1 Month Momentum % Comparison
For the Gold subindustry, Harmony Gold Mining Co's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 12-1 Month Momentum % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Harmony Gold Mining Co's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Harmony Gold Mining Co's 12-1 Month Momentum % falls into.
Harmony Gold Mining Co (NYSE:HMY) 12-1 Month Momentum % Calculation
12-1 Month Momentum % is calculated as following:
12-1 Month Momentum %
=
( Price 1-month ago
/
Price 12-month ago
- 1 )
*
100 %
* 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 (HMY) has a 12-1 Month Momentum % of 23.16% as of Aug. 30, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Harmony Gold Mining Co and its competitors. According to the industry distribution chart, Harmony Gold Mining Co ranks #1176 out of 2500 companies in the Metals & Mining industry, placing it in the top 47%.
Is Harmony Gold Mining Co's 12-1 Month Momentum % too high?
Harmony Gold Mining Co's current 12-1 Month Momentum % is 23.16%. The Metals & Mining industry median 12-1 Month Momentum % is 8.86. Harmony Gold Mining Co's value of 23.16% is 161.5% above this industry median. Based on the distribution chart, Harmony Gold Mining Co ranks #1176 out of 2500 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Harmony Gold Mining Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harmony Gold Mining Co's 12-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Harmony Gold Mining Co ranks #1176 out of 2500 companies for 12-1 Month Momentum %. This puts Harmony Gold Mining Co in the upper half of its industry. The industry median 12-1 Month Momentum % is 8.86. Harmony Gold Mining Co's value of 23.16% is 161.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Metals & Mining company?
The median 12-1 Month Momentum % among Metals & Mining companies is 8.86, based on 2,500 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harmony Gold Mining Co's current 12-1 Month Momentum % of 23.16% is 161.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Harmony Gold Mining Co and its competitors. For the Metals & Mining industry, the median 12-1 Month Momentum % is 8.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harmony Gold Mining Co's current 12-1 Month Momentum % is 23.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmony Gold Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Harmony Gold Mining Co (HMY) is currently considered Fairly Valued. The stock's GF Value™ is $19.20, compared to a current price of $20.23 — trading 5.4% above its estimated fair value. The current 12-1 Month Momentum % is 23.16% and 161.5% above the Metals & Mining industry median of 8.86. Harmony Gold Mining Co's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Harmony Gold Mining Co (HMY), the current 12-1 Month Momentum % is 23.16% as of Aug. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Harmony Gold Mining Co (HMY) Overvalued in 2026?
Based on GuruFocus' analysis, Harmony Gold Mining Co stock appears to be overvalued.
The current stock price of $20.23 is trading 5.4% above its estimated GF Value™ of $19.20.
GuruFocus considers Harmony Gold Mining Co to be Fairly Valued.
Key valuation signals for HMY:
12-1 Month Momentum %: 23.16%
GF Value™: $19.20 vs. price of $20.23 (5.4% above fair value)
Industry Position: 161.5% above the Metals & Mining median (#1176 of 2500)
No single metric tells the full story. See the HMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harmony Gold Mining Co Ltd is engaged in gold mining and related activities, including exploration, extraction, and processing. The group's primary product is gold bullion, produced at operations in South Africa and Papua New Guinea. Gold byproducts include uranium and silver. Strategic projects such as the Wafi-Golpu Project in the New Guinea Mobile Belt, the Eva Copper Project in the Mt Isa Inlier, Queensland, Australia, and the MAC Copper acquisition position the company as a gold-copper producer. The company operates across South Africa, Papua New Guinea, and Australia.
80GF Score
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