Himax Stock Forecast: An Algorithmic Analysis (HIMX)

Himax Stock Forecast

I Know First supplies financial services, mainly through stock forecasts via their predictive algorithm. The algorithm incorporates a 15-year database, and utilizes it to predict the flow of money across 2000 markets. The self-learning algorithm uses artificial intelligence, predictive models based on artificial neural networks, and genetic algorithms to predict money movements within various markets.

The algorithm produces a forecast with a signal and a predictability indicator. The signal is the number in the middle of the box. The predictability is the number at the bottom of the box. At the top, a specific asset is identified. This format is consistent across all predictions. The middle number is indicative of strength and direction, not a price target. The bottom number, the predictability, signifies a confidence level.


The forecast below, constructed by the I Know First algorithm, shows how the algorithm has correctly predicted the stock in the past. We see how the forecast resulted in an impressive 11.84% return for the semiconductor giants. Moreover, the forecast shows how HIMX had a signal strength of 812.73 and a predictably score of 0.38.

Stock Picking

I Know First published a bullish article on Himax, the leading semiconductor producer in the world. Having explained how I Know First’s algorithm works, it is worthwhile to see if the algorithm agrees with the bullish fundamental analysis of the company. The three-month and one-year forecasts for Himax are included.

HIMX Seeking Alpha

Himax is among the top stock picks for both time horizons. The stock has a strong, bullish signal for both, especially during the one-year time horizon. Over the predicted time horizons, the stock price will rebound from its currently low levels as investors’ concerns over poor display driver sales will ease. The company will continue to become the dominant force in the field and are likely to see increased returns in the long run.

Positive signal strength does not mean investors should automatically buy the stock. Dr. Roitman, who created the algorithm, created rules for entry for a stock such as American Airlines. Using this trading strategy, an investor should buy a stock if the last 5 signal strength’s average is positive and if the last closing price is above the 5-day moving average price. When both of these conditions are met, it is a good time to initiate a position in the stock.