Himax Technologies Stock Statistic Functions Beta

HIMX Stock  USD 5.26  0.02  0.38%   
Himax Technologies statistic functions tool provides the execution environment for running the Beta function 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 statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Himax Technologies statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Himax Technologies correlated with the market. If Beta is less than 0 Himax Technologies generally moves in the opposite direction as compared to the market. If Himax Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Himax Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Himax Technologies is generally in the same direction as the market. If Beta > 1 Himax Technologies moves generally in the same direction as, but more than the movement of the benchmark.

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 statistic functions 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
Hype
Prediction
LowEstimatedHigh
3.135.237.33
Details
Intrinsic
Valuation
LowRealHigh
4.606.708.80
Details
Naive
Forecast
LowNextHigh
3.245.337.43
Details
3 Analysts
Consensus
LowTargetHigh
7.197.908.77
Details

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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.