Hawaiian Financial Statements From 2010 to 2024
| HAWLNDelisted Stock | USD 15.50 0.00 0.00% |
Check Hawaiian Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hawaiian Electric's main balance sheet or income statement drivers, such as , as well as many indicators such as . Hawaiian financial statements analysis is a perfect complement when working with Hawaiian Electric Valuation or Volatility modules.
Hawaiian |
Hawaiian Electric Company Net Income Analysis
Hawaiian Electric's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Hawaiian Electric Net Income | 179.64 M |
Most of Hawaiian Electric's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hawaiian Electric is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Hawaiian Electric reported net income of 179.64 M. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The net income for all United States stocks is notably lower than that of the firm.
Hawaiian Electric Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hawaiian Electric's current stock value. Our valuation model uses many indicators to compare Hawaiian Electric value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hawaiian Electric competition to find correlations between indicators driving Hawaiian Electric's intrinsic value. More Info.Hawaiian Electric is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in ebitda category among its peers totaling about 0.21 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Hawaiian Electric is roughly 4.67 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hawaiian Electric by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hawaiian Electric's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Hawaiian Electric Financial Statements
Hawaiian Electric investors utilize fundamental indicators, such as revenue or net income, to predict how Hawaiian Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pair Trading with Hawaiian Electric
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hawaiian Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hawaiian Electric will appreciate offsetting losses from the drop in the long position's value.Moving against Hawaiian Pink Sheet
| 0.66 | HNHPF | Hon Hai Precision | PairCorr |
| 0.48 | BANGN | Emera Maine PFD | PairCorr |
| 0.44 | AVTE | Aerovate Therapeutics | PairCorr |
| 0.39 | KOSS | Koss | PairCorr |
| 0.37 | ACN | Accenture plc | PairCorr |
The ability to find closely correlated positions to Hawaiian Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hawaiian Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hawaiian Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hawaiian Electric to buy it.
The correlation of Hawaiian Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hawaiian Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hawaiian Electric moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hawaiian Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Hawaiian Pink Sheet
If you are still planning to invest in Hawaiian Electric check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hawaiian Electric's history and understand the potential risks before investing.
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