$1000 Invested In This Stock 10 Years Ago, Would Be Worth This Much

Himax Technologies HIMX has outperformed the market over the past 10 years by 12.47% on an annualized basis.

Buying $1,000 In HIMX: 10 years ago, an investor could have purchased 813.01 shares of Himax Technologies at the time with $1,000. This investment in HIMX would have produced an average annual return of 26.15%. Currently, Himax Technologies has a market capitalization of $2.20 billion.

Himax Technologies's Share Price Over Last 10 Years

This $1,000 investment would be worth $10,288.62 today based on a price of $12.65 for HIMX at the time of writing.

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

This article was generated by Benzinga's automated content engine and reviewed by an editor.