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Bullish Case: Himax's revolutionary WiseEye Vein tech [globenewswire.com], increasing adoption in AI/IoT [seekingalpha.com], potential Q2 earnings growth [Yahoo] and positive Helium-Trades analytical forecast [Helium] suggest potential upside.


Bearish Case: Over the past year, HIMX has underperformed [Helium], with cautious Q1 outlooks [digitimes.com], and reduction in institutional holdings [marketbeat.com, marketbeat.com]. Market skepticism could persist despite innovations.


Potential Outcomes:

1) WiseEye Vein success, Himax up 10-15%: 60%.

2) Mediocre market reception, no significant price change: 25%.

3) Product fails to capture market, Himax down 5-10%: 15%.


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April 10, 2024


Himax Forecast

HIMX        Himax
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with HIMX



PTON Forecast + Options Trading Strategies   [PTON]  Peloton Interactive (0.91)


NOVA Forecast + Options Trading Strategies   [NOVA]  Sunnova Energy International (0.88)


CRNC Forecast + Options Trading Strategies   [CRNC]  Cerence (0.87)


AMBA Forecast + Options Trading Strategies   [AMBA]  Ambarella (0.87)


WOLF Forecast + Options Trading Strategies   [WOLF]  Wolfspeed (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to HIMX



HCA Forecast + Options Trading Strategies   [HCA]  HCA Healthcare (-0.0)


BAND Forecast + Options Trading Strategies   [BAND]  Bandwidth (-0.0)


RWT Forecast + Options Trading Strategies   [RWT]  Redwood (-0.0)


FSK Forecast + Options Trading Strategies   [FSK]  FS KKR (-0.0)


PI Forecast + Options Trading Strategies   [PI]  Impinj (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against HIMX



FTI Forecast + Options Trading Strategies   [FTI]  TechnipFMC (-0.81)


FANG Forecast + Options Trading Strategies   [FANG]  Diamondback Energy (-0.81)


LBRT Forecast + Options Trading Strategies   [LBRT]  Liberty Oilfield Services (-0.82)


MTRX Forecast + Options Trading Strategies   [MTRX]  Matrix Service (-0.82)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.85)





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