HIMX Stock | | | USD 6.81 0.04 0.58% |
Himax Technologies financial indicator trend analysis is much more than just examining Himax Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Himax Technologies is a good investment. Please check the relationship between Himax Technologies Ev To Sales and its Pfcf Ratio accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Himax Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Himax Stock please use our
How to Invest in Himax Technologies guide.
Ev To Sales vs Pfcf Ratio
Ev To Sales vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Himax Technologies Ev To Sales account and
Pfcf Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Himax Technologies' Ev To Sales and Pfcf Ratio is -0.87. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Himax Technologies, assuming nothing else is changed. The correlation between historical values of Himax Technologies' Ev To Sales and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Himax Technologies are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Ev To Sales i.e., Himax Technologies' Ev To Sales and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Pfcf Ratio
Most indicators from Himax Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Himax Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Himax Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Himax Stock please use our
How to Invest in Himax Technologies guide.
Selling General Administrative is likely to drop to about 20.2
M in 2024.
Tax Provision is likely to drop to about 82.7
K in 2024
Himax Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Himax Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Himax Technologies fundamental ratios Accounts
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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.