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CEVA vs. HIMX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CEVA and HIMX is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

CEVA vs. HIMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CEVA, Inc. (CEVA) and Himax Technologies, Inc. (HIMX). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
62.37%
-2.57%
CEVA
HIMX

Key characteristics

Sharpe Ratio

CEVA:

0.65

HIMX:

0.53

Sortino Ratio

CEVA:

1.49

HIMX:

1.60

Omega Ratio

CEVA:

1.17

HIMX:

1.19

Calmar Ratio

CEVA:

0.45

HIMX:

0.54

Martin Ratio

CEVA:

2.58

HIMX:

1.60

Ulcer Index

CEVA:

13.63%

HIMX:

21.35%

Daily Std Dev

CEVA:

53.75%

HIMX:

64.00%

Max Drawdown

CEVA:

-78.24%

HIMX:

-87.55%

Current Drawdown

CEVA:

-58.02%

HIMX:

-40.20%

Fundamentals

Market Cap

CEVA:

$761.25M

HIMX:

$1.35B

EPS

CEVA:

-$0.65

HIMX:

$0.44

PEG Ratio

CEVA:

3.04

HIMX:

2.81

Total Revenue (TTM)

CEVA:

$101.88M

HIMX:

$906.14M

Gross Profit (TTM)

CEVA:

$89.91M

HIMX:

$279.58M

EBITDA (TTM)

CEVA:

-$6.45M

HIMX:

$106.33M

Returns By Period

In the year-to-date period, CEVA achieves a 36.99% return, which is significantly higher than HIMX's 31.78% return. Over the past 10 years, CEVA has outperformed HIMX with an annualized return of 5.75%, while HIMX has yielded a comparatively lower 3.33% annualized return.


CEVA

YTD

36.99%

1M

10.91%

6M

62.37%

1Y

31.88%

5Y*

3.01%

10Y*

5.75%

HIMX

YTD

31.78%

1M

47.89%

6M

-2.57%

1Y

31.99%

5Y*

31.56%

10Y*

3.33%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

CEVA vs. HIMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for CEVA, Inc. (CEVA) and Himax Technologies, Inc. (HIMX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for CEVA, currently valued at 0.65, compared to the broader market-4.00-2.000.002.000.650.53
The chart of Sortino ratio for CEVA, currently valued at 1.49, compared to the broader market-4.00-2.000.002.004.001.491.60
The chart of Omega ratio for CEVA, currently valued at 1.17, compared to the broader market0.501.001.502.001.171.19
The chart of Calmar ratio for CEVA, currently valued at 0.45, compared to the broader market0.002.004.006.000.450.54
The chart of Martin ratio for CEVA, currently valued at 2.58, compared to the broader market-5.000.005.0010.0015.0020.0025.002.581.60
CEVA
HIMX

The current CEVA Sharpe Ratio is 0.65, which is comparable to the HIMX Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of CEVA and HIMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.65
0.53
CEVA
HIMX

Dividends

CEVA vs. HIMX - Dividend Comparison

CEVA has not paid dividends to shareholders, while HIMX's dividend yield for the trailing twelve months is around 3.76%.


TTM20232022202120202019201820172016201520142013
CEVA
CEVA, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HIMX
Himax Technologies, Inc.
3.76%7.91%20.13%1.70%0.00%0.00%2.92%2.30%2.15%3.66%3.35%1.70%

Drawdowns

CEVA vs. HIMX - Drawdown Comparison

The maximum CEVA drawdown since its inception was -78.24%, smaller than the maximum HIMX drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for CEVA and HIMX. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-58.02%
-40.20%
CEVA
HIMX

Volatility

CEVA vs. HIMX - Volatility Comparison

The current volatility for CEVA, Inc. (CEVA) is 12.86%, while Himax Technologies, Inc. (HIMX) has a volatility of 42.81%. This indicates that CEVA experiences smaller price fluctuations and is considered to be less risky than HIMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
12.86%
42.81%
CEVA
HIMX

Financials

CEVA vs. HIMX - Financials Comparison

This section allows you to compare key financial metrics between CEVA, Inc. and Himax Technologies, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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