Himax Technologies Stock Performance
| HIMX Stock | USD 5.38 0.13 2.48% |
The company retains a Market Volatility (i.e., Beta) of 1.15, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Himax Technologies will likely underperform. At this point, Himax Technologies has a negative expected return of -0.1%. Please make sure to check out Himax Technologies' jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Himax Technologies performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Himax Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's primary indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Actual Historical Performance (%)
One Day Return 4.19 | Five Day Return 4.99 | Year To Date Return (13.72) | Ten Year Return (19.44) | All Time Return (37.49) |
Forward Dividend Yield 0.0552 | Payout Ratio 0.6444 | Forward Dividend Rate 0.29 | Dividend Date 2024-07-12 | Ex Dividend Date 2024-06-28 |
1 | Himax Technologies Inc Q2 2024 Earnings Call Highlights Strong Revenue Growth Amid ... | 10/09/2024 |
2 | Himax Achieves Mass Production of In-Cell Touch TDDI Technology for Leading AI Laptop Brands | 10/15/2024 |
3 | Microdisplay Market Set to Reach USD 13.82 Billion by 2032, Driven by Expanding ARVR Applications and Advanced Display Technology SS Insider | 11/05/2024 |
4 | Himax Technologies, Inc. Reports Third Quarter 2024 Financial Results Provides Fourth Quarter 2024 Guidance | 11/07/2024 |
5 | Image Sensors Market worth 29.62 billion by 2029 - Exclusive Report by MarketsandMarkets | 11/08/2024 |
6 | Himax Technologies Profits May Not Reveal Underlying Issues | 11/14/2024 |
7 | Why Himax Shares Are Slipping From a Multiyear High Today - AOL | 11/20/2024 |
| Begin Period Cash Flow | 221.6 M |
Himax |
Himax Technologies Relative Risk vs. Return Landscape
If you would invest 582.00 in Himax Technologies on August 28, 2024 and sell it today you would lose (44.00) from holding Himax Technologies or give up 7.56% of portfolio value over 90 days. Himax Technologies is currently does not generate positive expected returns and assumes 2.1337% risk (volatility on return distribution) over the 90 days horizon. In different words, 19% of stocks are less volatile than Himax, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Himax Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Himax Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Himax Technologies, and traders can use it to determine the average amount a Himax Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0479
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| Negative Returns | HIMX |
Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 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.
Himax Technologies Fundamentals Growth
Himax Stock prices reflect investors' perceptions of the future prospects and financial health of Himax Technologies, and Himax Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Himax Stock performance.
| Return On Equity | 0.0913 | ||||
| Return On Asset | 0.0238 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 1.25 B | ||||
| Shares Outstanding | 175 M | ||||
| Price To Earning | 26.23 X | ||||
| Price To Book | 1.06 X | ||||
| Price To Sales | 1.02 X | ||||
| Revenue | 947.47 M | ||||
| Gross Profit | 487.11 M | ||||
| EBITDA | 58.65 M | ||||
| Net Income | 49.42 M | ||||
| Cash And Equivalents | 461.63 M | ||||
| Cash Per Share | 2.64 X | ||||
| Total Debt | 498.14 M | ||||
| Debt To Equity | 0.24 % | ||||
| Current Ratio | 1.77 X | ||||
| Book Value Per Share | 9.91 X | ||||
| Cash Flow From Operations | 153.17 M | ||||
| Earnings Per Share | 0.44 X | ||||
| Market Capitalization | 918.75 M | ||||
| Total Asset | 1.64 B | ||||
| Retained Earnings | 640.45 M | ||||
| Working Capital | 491.78 M | ||||
| Current Asset | 697.84 M | ||||
| Current Liabilities | 352.73 M | ||||
About Himax Technologies Performance
Evaluating Himax Technologies' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Himax Technologies has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Himax Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 113.47 | 72.06 | |
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.05 | 0.04 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.06 | 0.06 |
Things to note about Himax Technologies performance evaluation
Checking the ongoing alerts about Himax Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Himax Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Himax Technologies generated a negative expected return over the last 90 days | |
| About 31.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Why Himax Shares Are Slipping From a Multiyear High Today - AOL |
- Analyzing Himax Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Himax Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Himax Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Himax Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Himax Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Himax Technologies' stock. These opinions can provide insight into Himax Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
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.