Himax Stock Story

HIMX
 Stock
  

USD 7.48  0.02  0.27%   

In general, we focus on analyzing Himax (NASDAQ:HIMX) price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Himax Technologies daily price indicators and compare them against related drivers. Today's article will break down Himax Technologies. We will cover the possibilities of making Himax Technologies into a steady grower in June.
Published over a month ago
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Himax Technologies Current Investor Sentiment

Investor biases related to Himax Technologies' public news can be used to forecast risks associated with 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 equiteis that are difficult to arbitrage are affected by market sentiment the most.
Himax Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Himax Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Himax Technologies' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Himax Technologies.

Himax Technologies Maximum Pain Price across 2022-07-01 Option Contracts

Himax Technologies' options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Himax Technologies close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Himax Technologies' options.
Is Himax Technologies (NASDAQ:HIMX) losing trust from investors?
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Himax Technologies has an asset utilization ratio of 193.19 percent. This suggests that the company is making $1.93 for each dollar of assets. An increasing asset utilization means that Himax Technologies is more efficient with each dollar of assets it utilizes for everyday operations.
About 30.0% of the company shares are held by company insiders. The book value of Himax Technologies was currently reported as 4.17. Himax Technologies has Price/Earnings To Growth (PEG) ratio of 0.07. The entity next dividend is scheduled to be issued on the 29th of June 2021.
The successful prediction of Himax Technologies stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Himax Technologies, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Himax Technologies based on Himax Technologies hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Himax Technologies's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Himax Technologies's related companies.

Use Technical Analysis to project Himax expected Price

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.
A focus of Himax Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Himax Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

How does Himax utilize its cash?

To perform a cash flow analysis of Himax Technologies, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Himax Technologies is receiving and how much cash it distributes out in a given period. The Himax Technologies cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Himax Technologies Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. Himax Technologies reported Net Cash Flow from Operations of 408.14 Million in 2021

Breaking it down

This firm reported the previous year's revenue of 1.55 B. Net Income was 436.9 M with profit before overhead, payroll, taxes, and interest of 748.58 M.

Deferred Revenue Breakdown

Himax Technologies Deferred Revenue yearly trend continues to be fairly stable with very little volatility. Deferred Revenue will likely drop to about 1.7 M in 2022. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Himax Technologies Deferred Revenue is fairly stable at the moment as compared to the past year. Himax Technologies reported Deferred Revenue of 1.71 Million in 2021
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20101.9 Million
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20221.7 Million

Himax is expecting lower volatility in June

Standard deviation is down to 3.54. It may suggest a possible volatility slide. Himax Technologies exhibits very low volatility with skewness of 0.91 and kurtosis of 2.27. However, we advise investors to further study Himax Technologies technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Himax Technologies' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Himax Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Himax Technologies Implied Volatility

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.

Our Bottom Line On Himax Technologies

While some firms in the semiconductors industry are either recovering or due for a correction, Himax may not be as strong as the others in terms of longer-term growth potentials. With a somewhat neutral outlook on your 90 days horizon, it may be better to hold off any trading activity and neither pick up new shares of Himax nor quit your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Himax Technologies.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Himax Technologies. Please refer to our Terms of Use for any information regarding our disclosure principles.

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