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 Free Cash Flow Yield and its Operating Cash Flow Per Share 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.
Free Cash Flow Yield vs Operating Cash Flow Per Share
Free Cash Flow Yield vs Operating Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Himax Technologies Free Cash Flow Yield account and
Operating Cash Flow Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Himax Technologies' Free Cash Flow Yield and Operating Cash Flow Per Share is 0.62. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Operating Cash Flow Per Share 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' Free Cash Flow Yield and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Himax Technologies are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Free Cash Flow Yield i.e., Himax Technologies' Free Cash Flow Yield and Operating Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
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.