Bank of Hawaii Stock Forecast - Naive Prediction
| BOH Stock | USD 79.81 0.70 0.87% |
The Naive Prediction forecasted value of Bank of Hawaii on the next trading day is expected to be 78.49 with a mean absolute deviation of 1.32 and the sum of the absolute errors of 80.48. Bank Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Bank of Hawaii's historical fundamentals, such as revenue growth or operating cash flow patterns.
Bank |
Bank of Hawaii Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Bank of Hawaii's financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 1989-03-31 | Previous Quarter 301.2 M | Current Value 279.9 M | Quarterly Volatility 498.2 M |
Bank of Hawaii Naive Prediction Price Forecast For the 28th of November
Given 90 days horizon, the Naive Prediction forecasted value of Bank of Hawaii on the next trading day is expected to be 78.49 with a mean absolute deviation of 1.32, mean absolute percentage error of 2.84, and the sum of the absolute errors of 80.48.Please note that although there have been many attempts to predict Bank Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Bank of Hawaii's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bank of Hawaii Stock Forecast Pattern
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Bank of Hawaii Forecasted Value
In the context of forecasting Bank of Hawaii's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Bank of Hawaii's downside and upside margins for the forecasting period are 76.28 and 80.69, respectively. We have considered Bank of Hawaii's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Bank of Hawaii stock data series using in forecasting. Note that when a statistical model is used to represent Bank of Hawaii stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 119.156 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.3194 |
| MAPE | Mean absolute percentage error | 0.019 |
| SAE | Sum of the absolute errors | 80.4844 |
Predictive Modules for Bank of Hawaii
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank of Hawaii. 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.Other Forecasting Options for Bank of Hawaii
For every potential investor in Bank, whether a beginner or expert, Bank of Hawaii's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bank Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bank. Basic forecasting techniques help filter out the noise by identifying Bank of Hawaii's price trends.View Bank of Hawaii Related Equities
| Risk & Return | Correlation |
Bank of Hawaii Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Bank of Hawaii's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Bank of Hawaii's current price.| Cycle Indicators | ||
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Bank of Hawaii Market Strength Events
Market strength indicators help investors to evaluate how Bank of Hawaii stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of Hawaii shares will generate the highest return on investment. By undertsting and applying Bank of Hawaii stock market strength indicators, traders can identify Bank of Hawaii entry and exit signals to maximize returns.
Bank of Hawaii Risk Indicators
The analysis of Bank of Hawaii's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Bank of Hawaii's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bank stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.42 | |||
| Semi Deviation | 1.24 | |||
| Standard Deviation | 2.2 | |||
| Variance | 4.82 | |||
| Downside Variance | 2.28 | |||
| Semi Variance | 1.55 | |||
| Expected Short fall | (1.65) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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When determining whether Bank of Hawaii offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of Hawaii's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of Hawaii Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of Hawaii Stock:Check out Historical Fundamental Analysis of Bank of Hawaii to cross-verify your projections. For more detail on how to invest in Bank Stock please use our How to Invest in Bank of Hawaii guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Regional Banks space 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 Bank of Hawaii. If investors know Bank 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 Bank of Hawaii 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 (0.20) | Dividend Share 2.8 | Earnings Share 3.33 | Revenue Per Share 15.82 | Quarterly Revenue Growth (0.06) |
The market value of Bank of Hawaii is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Hawaii's value that differs from its market value or its book value, called intrinsic value, which is Bank of Hawaii'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 Bank of Hawaii's market value can be influenced by many factors that don't directly affect Bank of Hawaii'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 Bank of Hawaii's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Hawaii is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Hawaii'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.