Himax Technologies Stock Forecast - Naive Prediction
| HIMX Stock | USD 8.26 0.02 0.24% |
The Naive Prediction forecasted value of Himax Technologies on the next trading day is expected to be 8.56 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.54. Himax Stock Forecast is based on your current time horizon.
At this time, the relative strength index (RSI) of Himax Technologies' share price is approaching 48. This usually indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Himax Technologies, making its price go up or down. Momentum 48
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.84) | EPS Estimate Next Quarter 0.08 | EPS Estimate Current Year 0.24 | EPS Estimate Next Year 0.4853 | Wall Street Target Price 8.5375 |
Using Himax Technologies hype-based prediction, you can estimate the value of Himax Technologies from the perspective of Himax Technologies response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Himax Technologies using Himax Technologies' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Himax using crowd psychology based on the activity and movement of Himax Technologies' stock price.
Himax Technologies Short Interest
An investor who is long Himax Technologies may also wish to track short interest. As short interest increases, investors should be becoming more worried about Himax Technologies and may potentially protect profits, hedge Himax Technologies with its derivative instruments, or be ready for some potential downside.
200 Day MA 8.2983 | Short Percent 0.0309 | Short Ratio 3.37 | Shares Short Prior Month 3.7 M | 50 Day MA 8.2818 |
Himax Technologies Hype to Price Pattern
Investor biases related to Himax Technologies' public news can be used to forecast risks associated with an investment in Himax. The trend in average sentiment can be used to explain how an investor holding Himax can time the market purely based on public headlines and social activities around Himax Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Himax Technologies' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Himax Technologies.
Himax Technologies Implied Volatility | 0.79 |
Himax Technologies' implied volatility exposes the market's sentiment of Himax Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Himax Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Himax Technologies stock will not fluctuate a lot when Himax Technologies' options are near their expiration.
The Naive Prediction forecasted value of Himax Technologies on the next trading day is expected to be 8.56 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.54. Himax Technologies after-hype prediction price | USD 8.26 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Himax Technologies to cross-verify your projections. Open Interest Against 2026-03-20 Himax Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Himax Technologies' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Himax Technologies' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Himax Technologies stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Himax Technologies' open interest, investors have to compare it to Himax Technologies' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Himax Technologies is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Himax. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Himax Technologies Additional Predictive Modules
Most predictive techniques to examine Himax price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Himax using various technical 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Himax Technologies' financial statements to predict how it will affect future prices.
Cash | First Reported 2004-12-31 | Previous Quarter 304.7 M | Current Value 825.3 M | Quarterly Volatility 130.8 M |
Himax Technologies Naive Prediction Price Forecast For the 10th of January
Given 90 days horizon, the Naive Prediction forecasted value of Himax Technologies on the next trading day is expected to be 8.56 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.19, and the sum of the absolute errors of 21.54.Please note that although there have been many attempts to predict Himax Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Himax Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Himax Technologies Stock Forecast Pattern
| Backtest Himax Technologies | Himax Technologies Price Prediction | Buy or Sell Advice |
Himax Technologies Forecasted Value
In the context of forecasting Himax Technologies' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Himax Technologies' downside and upside margins for the forecasting period are 5.30 and 11.81, respectively. We have considered Himax Technologies' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Himax Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Himax Technologies stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 118.2711 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3473 |
| MAPE | Mean absolute percentage error | 0.0407 |
| SAE | Sum of the absolute errors | 21.5356 |
Predictive Modules for Himax Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Himax Technologies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Himax Technologies
For every potential investor in Himax, whether a beginner or expert, Himax Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Himax Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Himax. Basic forecasting techniques help filter out the noise by identifying Himax Technologies' price trends.Himax Technologies Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Himax Technologies stock to make a market-neutral strategy. Peer analysis of Himax Technologies could also be used in its relative valuation, which is a method of valuing Himax Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Himax Technologies Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Himax Technologies' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Himax Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Himax Technologies Market Strength Events
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 Risk Indicators
The analysis of Himax Technologies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Himax Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting himax stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.5 | |||
| Standard Deviation | 3.53 | |||
| Variance | 12.49 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.