Hawaiian Electric Industries Stock Probability of Future Stock Price Finishing Over 9.17
| HE Stock | USD 10.03 0.15 1.52% |
Closest to current price Hawaiian long CALL Option Payoff at Expiration
Hawaiian |
Hawaiian Electric Target Price Odds to finish over 9.17
The tendency of Hawaiian Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 9.17 in 90 days |
| 10.03 | 90 days | 9.17 | about 99.0 |
Based on a normal probability distribution, the odds of Hawaiian Electric to stay above $ 9.17 in 90 days from now is about 99.0 (This Hawaiian Electric Industries probability density function shows the probability of Hawaiian Stock to fall within a particular range of prices over 90 days) . Probability of Hawaiian Electric price to stay between $ 9.17 and its current price of $10.03 at the end of the 90-day period is about 5.19 .
Allowing for the 90-day total investment horizon Hawaiian Electric Industries has a beta of -0.74. This usually indicates as returns on the benchmark increase, returns on holding Hawaiian Electric are expected to decrease at a much lower rate. During a bear market, however, Hawaiian Electric Industries is likely to outperform the market. Additionally Hawaiian Electric Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Hawaiian Electric Price Density |
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Predictive Modules for Hawaiian Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hawaiian Electric. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hawaiian Electric's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hawaiian Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hawaiian Electric is not an exception. The market had few large corrections towards the Hawaiian Electric's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Hawaiian Electric Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hawaiian Electric within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.41 | |
β | Beta against NYSE Composite | -0.74 | |
σ | Overall volatility | 1.13 | |
Ir | Information ratio | -0.18 |
Hawaiian Electric Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hawaiian Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hawaiian Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hawaiian Electric generated a negative expected return over the last 90 days | |
| Hawaiian Electric has a strong financial position based on the latest SEC filings | |
| About 61.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Hawaiian Electric tells customers on Hawaii Island to resume normal power usage |
Hawaiian Electric Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Hawaiian Stock often depends not only on the future outlook of the current and potential Hawaiian Electric's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Hawaiian Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 110 M | |
| Cash And Short Term Investments | 696 M |
Hawaiian Electric Technical Analysis
Hawaiian Electric's future price can be derived by breaking down and analyzing its technical indicators over time. Hawaiian Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hawaiian Electric Industries. In general, you should focus on analyzing Hawaiian Stock price patterns and their correlations with different microeconomic environments and drivers.
Hawaiian Electric Predictive Forecast Models
Hawaiian Electric's time-series forecasting models is one of many Hawaiian Electric's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Hawaiian Electric's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Hawaiian Electric
Checking the ongoing alerts about Hawaiian Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hawaiian Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hawaiian Electric generated a negative expected return over the last 90 days | |
| Hawaiian Electric has a strong financial position based on the latest SEC filings | |
| About 61.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Hawaiian Electric tells customers on Hawaii Island to resume normal power usage |
Check out Hawaiian Electric Backtesting, Hawaiian Electric Valuation, Hawaiian Electric Correlation, Hawaiian Electric Hype Analysis, Hawaiian Electric Volatility, Hawaiian Electric History as well as Hawaiian Electric Performance. Note that the Hawaiian Electric information on this page should be used as a complementary analysis to other Hawaiian Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Hawaiian Stock analysis
When running Hawaiian Electric's price analysis, check to measure Hawaiian Electric's 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 Hawaiian Electric is operating at the current time. Most of Hawaiian Electric's value examination focuses on studying past and present price action to predict the probability of Hawaiian Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hawaiian Electric's price. Additionally, you may evaluate how the addition of Hawaiian Electric to your portfolios can decrease your overall portfolio volatility.
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Is Hawaiian Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hawaiian Electric. If investors know Hawaiian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hawaiian Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Dividend Share 1.08 | Earnings Share 1.81 | Revenue Per Share 33.554 | Quarterly Revenue Growth (0.06) |
The market value of Hawaiian Electric is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Electric's value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hawaiian Electric's market value can be influenced by many factors that don't directly affect Hawaiian Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hawaiian Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.