Himax Technologies Stock Price on June 12, 2024

HIMX Stock  USD 5.40  0.26  5.06%   
Below is the normalized historical share price chart for Himax Technologies extending back to March 31, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Himax Technologies stands at 5.40, as last reported on the 2nd of December, with the highest price reaching 5.53 and the lowest price hitting 5.15 during the day.
IPO Date
31st of March 2006
200 Day MA
6.0225
50 Day MA
5.7292
Beta
2.154
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Himax Stock, it is important to understand the factors that can impact its price. Himax Technologies holds Efficiency (Sharpe) Ratio of -0.0111, which attests that the entity had a -0.0111% return per unit of risk over the last 3 months. Himax Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Himax Technologies' Market Risk Adjusted Performance of (0.07), standard deviation of 2.21, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
  
At this time, Himax Technologies' Liabilities And Stockholders Equity is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to rise to 0 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 476.5 M in 2024. . At this time, Himax Technologies' Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 7.28 in 2024, whereas Price To Sales Ratio is likely to drop 1.06 in 2024. Himax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0111

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Estimated Market Risk

 2.12
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Himax Technologies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Himax Technologies by adding Himax Technologies to a well-diversified portfolio.
Price Book
1.0916
Enterprise Value Ebitda
13.7458
Price Sales
1.0532
Shares Float
123.9 M
Wall Street Target Price
8.2

Himax Technologies Main Headline on 12th of June 2024

The worst result, after buying shares in a company , would be if you lose all the money you put...

Himax Technologies Valuation on June 12, 2024

It is possible to determine the worth of Himax Technologies on a given historical date. On June 12, 2024 Himax was worth 6.76 at the beginning of the trading date compared to the closed value of 6.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Himax Technologies stock. Still, in general, we apply an absolute valuation method to find Himax Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Himax Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Himax Technologies' related companies.
 Open High Low Close Volume
  6.39    6.76    6.38    6.74    1,070,288  
06/12/2024
  6.76    6.92    6.70    6.79    1,167,326  
  6.76    6.76    6.40    6.48    1,133,256  
Backtest Himax Technologies  |  Himax Technologies History  |  Himax Technologies Valuation   PreviousNext  
Open Value
6.76
6.79
Closing Value
13.11
Upside

Himax Technologies Trading Date Momentum on June 12, 2024

On June 13 2024 Himax Technologies was traded for  6.48  at the closing time. The top price for the day was 6.76  and the lowest listed price was  6.40 . The trading volume for the day was 1.1 M. The trading history from June 13, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.57% . The trading delta at closing time against the current closing price is 15.32% .

Himax Technologies Fundamentals Correlations and Trends

By evaluating Himax Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Himax Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Himax financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Himax Technologies Stock history

Himax Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Himax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Himax Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Himax Technologies stock prices may prove useful in developing a viable investing in Himax Technologies
Last ReportedProjected for Next Year
Common Stock Shares Outstanding174.8 M142.2 M
Net Income Applicable To Common Shares272.5 M286.2 M

Himax Technologies Quarterly Net Working Capital

444.88 Million

Himax Technologies Stock Technical Analysis

Himax Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Himax Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Himax Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Himax Technologies Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Himax Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Himax Technologies December 2, 2024 Market Strength

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

Himax Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Himax Technologies' price direction in advance. Along with the technical and fundamental analysis of Himax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Himax to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Himax Stock Analysis

When running Himax Technologies' price analysis, check to measure Himax Technologies' 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 Himax Technologies is operating at the current time. Most of Himax Technologies' value examination focuses on studying past and present price action to predict the probability of Himax Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Himax Technologies' price. Additionally, you may evaluate how the addition of Himax Technologies to your portfolios can decrease your overall portfolio volatility.