Himax Technologies Stock Forecast - Price Action Indicator
| HIMX Stock | USD 6.81 0.04 0.58% |
Himax Stock Forecast is based on your current time horizon.
Himax |
Open Interest Against 2024-12-20 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.
| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.12) | (0.13) |
| Check Himax Technologies Volatility | Backtest Himax Technologies | Trend Details |
Himax Technologies Trading Date Momentum
| On November 29 2024 Himax Technologies was traded for 5.40 at the closing time. The top price for the day was 5.53 and the lowest listed price was 5.15 . The trading volume for the day was 846.7 K. The trading history from November 29, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 5.06% . The trading delta at closing time against the current closing price is 5.06% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Himax Technologies to competition |
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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 6.81 | |||
| Day Typical Price | 6.81 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.04) |
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 | 1.98 | |||
| Semi Deviation | 1.81 | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.19 | |||
| Downside Variance | 4.25 | |||
| Semi Variance | 3.26 | |||
| Expected Short fall | (2.35) |
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.