Himax Technologies Stock Price on December 18, 2023
| HIMX Stock | USD 6.59 0.06 0.92% |
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 6.59, as last reported on the 10th of June, with the highest price reaching 6.60 and the lowest price hitting 6.50 during the day.
If you're considering investing in Himax Stock, it is important to understand the factors that can impact its price. We consider Himax Technologies somewhat reliable. Himax Technologies holds Efficiency (Sharpe) Ratio of 0.0881, which attests that the entity had a 0.0881% return per unit of risk over the last 3 months. We have found thirty technical indicators for Himax Technologies, which you can use to evaluate the volatility of the firm. Please check out Himax Technologies' Downside Deviation of 2.02, risk adjusted performance of 0.0767, and Market Risk Adjusted Performance of 0.1612 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
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 7.26 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.
IPO Date 31st of March 2006 | 200 Day MA 5.7449 | 50 Day MA 5.699 | Beta 2.191 |
Himax |
Sharpe Ratio = 0.0881
| Best Portfolio | Best Equity | |||
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| Small Returns | HIMX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.14 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Himax Technologies is performing at about 6% of its full potential. 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 it to a well-diversified portfolio.
Price Book 1.0707 | Enterprise Value Ebitda 17.0783 | Price Sales 0.9684 | Shares Float 123.9 M | Wall Street Target Price 6.4 |
Himax Technologies Valuation on December 18, 2023
It is possible to determine the worth of Himax Technologies on a given historical date. On December 18, 2023 Himax was worth 6.1 at the beginning of the trading date compared to the closed value of 6.12. 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 | |
| 5.95 | 6.10 | 5.83 | 6.08 | 3,441,480 | |
12/18/2023 | 6.10 | 6.14 | 5.96 | 6.12 | 788,600 |
| 6.14 | 6.22 | 6.11 | 6.17 | 479,435 |
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Himax Technologies Trading Date Momentum on December 18, 2023
| On December 19 2023 Himax Technologies was traded for 6.17 at the closing time. The top price for the day was 6.22 and the lowest listed price was 6.11 . The trading volume for the day was 479.4 K. The trading history from December 19, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.82% . The trading delta at closing time against the current closing price is 0.49% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 174.8 M | 142.2 M | |
| Net Income Applicable To Common Shares | 272.5 M | 286.2 M |
Himax Technologies Quarterly Net Working Capital |
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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.
Price Boundaries
Himax Technologies Period Price Range
Low | December 18, 2023
| High |
6.10 | 6.12 |
Himax Technologies June 10, 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.
| Risk Adjusted Performance | 0.0767 | |||
| Jensen Alpha | 0.2207 | |||
| Total Risk Alpha | 0.2061 | |||
| Sortino Ratio | 0.1112 | |||
| Treynor Ratio | 0.1512 |
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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.