Hawaiian Electric Industries Stock Price on May 14, 2024
| HE Stock | USD 10.24 0.39 3.96% |
Below is the normalized historical share price chart for Hawaiian Electric Industries extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hawaiian Electric stands at 10.24, as last reported on the 3rd of May, with the highest price reaching 10.36 and the lowest price hitting 9.77 during the day.
If you're considering investing in Hawaiian Stock, it is important to understand the factors that can impact its price. Hawaiian Electric holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Hawaiian Electric exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hawaiian Electric's Market Risk Adjusted Performance of 0.6335, standard deviation of 2.86, and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide.
At present, Hawaiian Electric's Sale Purchase Of Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 11.1 M, whereas Total Stockholder Equity is forecasted to decline to about 1.6 B. . At present, Hawaiian Electric's Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.28, whereas Price To Operating Cash Flows Ratio is forecasted to decline to 2.68. Hawaiian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of November 1987 | 200 Day MA 15.0112 | 50 Day MA 11.1608 | Beta 0.533 |
Hawaiian |
Sharpe Ratio = -0.1174
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| Negative Returns | HE |
Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hawaiian Electric is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hawaiian Electric by adding Hawaiian Electric to a well-diversified portfolio.
Price Book 0.5024 | Enterprise Value Ebitda 5.3399 | Price Sales 0.3199 | Shares Float 109.6 M | Dividend Share 1.08 |
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Hawaiian Electric Valuation on May 14, 2024
It is possible to determine the worth of Hawaiian Electric on a given historical date. On May 14, 2024 Hawaiian was worth 9.83 at the beginning of the trading date compared to the closed value of 10.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hawaiian Electric stock. Still, in general, we apply an absolute valuation method to find Hawaiian Electric's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hawaiian Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hawaiian Electric's related companies.
| Open | High | Low | Close | Volume | |
| 9.83 | 10.36 | 9.77 | 10.24 | 3,443,035 | |
05/03/2024 | 9.83 | 10.36 | 9.77 | 10.24 | 0.00 |
| Backtest Hawaiian Electric | | | Hawaiian Electric History | | | Hawaiian Electric Valuation | Previous |
Hawaiian Electric Trading Date Momentum on May 14, 2024
| On May 03 2024 Hawaiian Electric Industries was traded for 10.24 at the closing time. The highest price during the trading period was 10.36 and the lowest recorded bid was listed for 9.77 . There was no trading activity during the period 0.0. Lack of trading volume on May 3, 2024 did not cause price change. The trading delta at closing time to the current price is 4.00% . |
Hawaiian Electric Fundamentals Correlations and Trends
By evaluating Hawaiian Electric's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hawaiian Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hawaiian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hawaiian Electric Stock history
Hawaiian Electric investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hawaiian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hawaiian Electric will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hawaiian Electric stock prices may prove useful in developing a viable investing in Hawaiian Electric
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 110 M | 84.7 M | |
| Net Income Applicable To Common Shares | 277.3 M | 162.1 M |
Hawaiian Electric Quarterly Net Working Capital |
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Hawaiian Electric Stock Technical Analysis
Hawaiian Electric technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Hawaiian Electric Period Price Range
Low | May 3, 2024
| High |
9.83 | 10.24 |
Hawaiian Electric May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Hawaiian Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hawaiian Electric shares will generate the highest return on investment. By undertsting and applying Hawaiian Electric stock market strength indicators, traders can identify Hawaiian Electric Industries entry and exit signals to maximize returns
Hawaiian Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hawaiian Electric's price direction in advance. Along with the technical and fundamental analysis of Hawaiian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hawaiian to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 0.6235 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hawaiian Electric Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.