Hawaiian Competitors
| HE Stock | USD 16.99 1.11 6.99% |
Hawaiian Electric vs Central Puerto Correlation
Modest diversification
The correlation between Hawaiian Electric Industries and CEPU is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hawaiian Electric Industries and CEPU in the same portfolio, assuming nothing else is changed.
Moving together with Hawaiian Stock
Moving against Hawaiian Stock
| 0.69 | VGAS | Verde Clean Fuels | PairCorr |
| 0.4 | PCG | PGE Corp Aggressive Push | PairCorr |
| 0.35 | GNE | Genie Energy | PairCorr |
| 0.31 | OKLO | Oklo Inc | PairCorr |
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 Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hawaiian Electric and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Hawaiian and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Hawaiian Electric does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Hawaiian Stock performing well and Hawaiian Electric Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hawaiian Electric's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ELPC | 2.21 | 0.16 | 0.05 | 0.27 | 2.84 | 4.60 | 12.82 | |||
| NWN | 0.77 | 0.07 | 0.02 | 0.36 | 1.09 | 1.63 | 5.13 | |||
| HTO | 0.93 | 0.19 | 0.13 | 0.41 | 1.09 | 2.40 | 6.21 | |||
| EDN | 2.99 | (0.13) | 0.00 | (0.10) | 0.00 | 6.28 | 17.22 | |||
| OTTR | 1.00 | 0.18 | 0.12 | 0.51 | 0.99 | 2.02 | 7.91 | |||
| AVA | 0.77 | 0.16 | 0.10 | 4.10 | 0.99 | 1.77 | 5.72 | |||
| CTRI | 1.94 | 0.42 | 0.23 | 0.26 | 1.58 | 4.16 | 16.66 | |||
| UTL | 0.82 | 0.07 | 0.02 | 0.39 | 1.23 | 1.78 | 7.11 | |||
| MGEE | 0.78 | (0.08) | 0.00 | (0.16) | 0.00 | 1.41 | 4.52 | |||
| CEPU | 2.27 | 0.16 | 0.06 | 0.25 | 2.37 | 6.93 | 14.79 |
Cross Equities Net Income Analysis
Compare Hawaiian Electric and related stocks such as Companhia Paranaense, Northwest Natural Gas, and H2O America Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ELPC | 453.4 M | 700.7 M | 1.1 B | 1.2 B | 1.1 B | 895.8 M | 1 B | 1.4 B | 2 B | 3.9 B | 5 B | 1.1 B | 2.3 B | 454.3 M | 2.8 B | 3.2 B | 3.4 B |
| NWN | 22.7 M | 63.9 M | 59.9 M | 60.5 M | 58.7 M | 53.7 M | 58.9 M | (55.6 M) | 64.6 M | 61.7 M | 76.8 M | 78.7 M | 86.3 M | 93.9 M | 78.9 M | 90.7 M | 53.5 M |
| HTO | 8.6 M | 20.9 M | 22.3 M | 22.4 M | 51.8 M | 37.9 M | 52.8 M | 59.2 M | 38.8 M | 23.4 M | 61.5 M | 60.5 M | 73.8 M | 85 M | 94 M | 108.1 M | 113.5 M |
| EDN | (582.7 M) | (435.4 M) | (1 B) | 771.7 M | (779.7 M) | 1.1 B | (1.2 B) | 682.2 M | 4.3 B | 24.9 B | (52 B) | (129.5 B) | (44 B) | 48.4 B | 272.1 B | 312.9 B | 328.6 B |
| OTTR | 24.7 M | (13.2 M) | (5.3 M) | 50.9 M | 57.7 M | 59.3 M | 62.3 M | 72.4 M | 82.3 M | 86.8 M | 95.9 M | 176.8 M | 284.2 M | 294.2 M | 301.7 M | 346.9 M | 364.3 M |
| AVA | 81.4 M | 100.2 M | 78.2 M | 111.1 M | 192 M | 123.2 M | 137.2 M | 115.9 M | 136.4 M | 197 M | 129.5 M | 147.3 M | 155.2 M | 171.2 M | 180 M | 207 M | 217.3 M |
| CTRI | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 40.5 M | (168.1 M) | (186.2 M) | (6.7 M) | (6.1 M) | (6.4 M) |
| UTL | 2.4 M | 16.4 M | 18.2 M | 21.6 M | 24.7 M | 26.3 M | 27.1 M | 29 M | 33 M | 44.2 M | 32.2 M | 36.1 M | 41.4 M | 45.2 M | 47.1 M | 54.2 M | 56.9 M |
| MGEE | 21.3 M | 60.9 M | 64.4 M | 74.9 M | 80.3 M | 71.3 M | 75.6 M | 97.6 M | 84.2 M | 86.9 M | 92.4 M | 105.8 M | 111 M | 117.7 M | 120.6 M | 138.7 M | 145.6 M |
| CEPU | (86.1 M) | 231.8 M | (30 M) | 90.3 M | 317.7 M | 1.3 B | 1.8 B | 3.5 B | 17.5 B | 18.1 B | 20.3 B | (4.5 B) | 129.1 B | 14.8 B | 49.6 B | 57 B | 59.9 B |
Hawaiian Electric and related stocks such as Companhia Paranaense, Northwest Natural Gas, and H2O America Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Hawaiian Electric financial statement analysis. It represents the amount of money remaining after all of Hawaiian Electric Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Hawaiian Electric Competitive Analysis
The better you understand Hawaiian Electric competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hawaiian Electric's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Hawaiian Electric's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Hawaiian Electric Competition Performance Charts
Five steps to successful analysis of Hawaiian Electric Competition
Hawaiian Electric's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Hawaiian Electric in relation to its competition. Hawaiian Electric's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Hawaiian Electric in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Hawaiian Electric's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hawaiian Electric, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Will Electric Utilities sector continue expanding? Could Hawaiian diversify its offerings? Factors like these will boost the valuation of Hawaiian Electric. Market participants price Hawaiian higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Hawaiian Electric data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.60) | Earnings Share 2.17 | Revenue Per Share | Quarterly Revenue Growth (0.05) | Return On Assets |
Investors evaluate Hawaiian Electric using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Hawaiian Electric's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Hawaiian Electric's market price to deviate significantly 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. Conversely, Hawaiian Electric's market price signifies the transaction level at which participants voluntarily complete trades.