Himax Technologies Stock Pattern Recognition Homing Pigeon

HIMX Stock  USD 4.96  0.05  1.02%   
Himax Technologies pattern recognition tool provides the execution environment for running the Homing Pigeon recognition and other technical functions against Himax Technologies. Himax Technologies value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Homing Pigeon recognition function is designed to identify and follow existing trends. Himax Technologies momentum indicators are usually used to generate trading rules based on assumptions that Himax Technologies trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of one valid pattern recognition events for the selected time horizon. The Homing Pigeon pattern may indicate that there is a weakening of the current Himax Technologies downward trend.

Himax Technologies Technical Analysis Modules

Most technical analysis of Himax Technologies help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Himax from various momentum indicators to cycle indicators. When you analyze Himax 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.

About Himax Technologies Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Himax Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Himax Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Himax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Himax Technologies's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Himax Technologies's intrinsic value. In addition to deriving basic predictive indicators for Himax Technologies, we also check how macroeconomic factors affect Himax Technologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0170.20.07940.0704
Price To Sales Ratio1.80.91.121.06
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Himax Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
2.894.926.95
Details
Intrinsic
Valuation
LowRealHigh
3.695.727.75
Details
Naive
Forecast
LowNextHigh
2.694.726.75
Details
3 Analysts
Consensus
LowTargetHigh
7.197.908.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Himax Technologies. Your research has to be compared to or analyzed against Himax Technologies' peers to derive any actionable benefits. When done correctly, Himax Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Himax Technologies.

Align your values with your investing style

In addition to having Himax Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
When determining whether Himax Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Himax Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Himax Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Himax Technologies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Himax Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Himax Stock please use our How to Invest in Himax Technologies guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary 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.
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Is Himax Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Himax Technologies. If investors know Himax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Himax Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Earnings Share
0.28
Revenue Per Share
5.418
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0162
The market value of Himax Technologies is measured differently than its book value, which is the value of Himax that is recorded on the company's balance sheet. Investors also form their own opinion of Himax Technologies' value that differs from its market value or its book value, called intrinsic value, which is Himax Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Himax Technologies' market value can be influenced by many factors that don't directly affect Himax Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Himax Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Himax Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Himax Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.