First Hawaiian Stock Market Value
| FHB Stock | USD 27.68 0.48 1.70% |
| Symbol | First |
First Hawaiian Price To Book Ratio
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 First Hawaiian. If investors know First 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 First Hawaiian 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 0.052 | Dividend Share 1.04 | Earnings Share 1.75 | Revenue Per Share 6.337 | Quarterly Revenue Growth 0.035 |
The market value of First Hawaiian is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Hawaiian's value that differs from its market value or its book value, called intrinsic value, which is First Hawaiian'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 First Hawaiian's market value can be influenced by many factors that don't directly affect First Hawaiian'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 First Hawaiian's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Hawaiian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Hawaiian'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.
First Hawaiian 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Hawaiian's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Hawaiian.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in First Hawaiian on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding First Hawaiian or generate 0.0% return on investment in First Hawaiian over 60 days. First Hawaiian is related to or competes with Territorial Bancorp, Bank of Hawaii, Financial Institutions, Heritage Financial, Central Pacific, Comerica, and Bank of Hawaii. First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking service... More
First Hawaiian Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Hawaiian's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Hawaiian upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.0541 | |||
| Maximum Drawdown | 16.01 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.72 |
First Hawaiian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Hawaiian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Hawaiian's standard deviation. In reality, there are many statistical measures that can use First Hawaiian historical prices to predict the future First Hawaiian's volatility.| Risk Adjusted Performance | 0.0952 | |||
| Jensen Alpha | 0.0075 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0704 | |||
| Treynor Ratio | 0.1244 |
First Hawaiian Backtested Returns
First Hawaiian appears to be very steady, given 3 months investment horizon. First Hawaiian secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Hawaiian, which you can use to evaluate the volatility of the firm. Please utilize First Hawaiian's Mean Deviation of 1.33, coefficient of variation of 860.25, and Downside Deviation of 1.61 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Hawaiian holds a performance score of 8. The firm shows a Beta (market volatility) of 1.88, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Hawaiian will likely underperform. Please check First Hawaiian's potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to make a quick decision on whether First Hawaiian's price patterns will revert.
Auto-correlation | 0.75 |
Good predictability
First Hawaiian has good predictability. Overlapping area represents the amount of predictability between First Hawaiian time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Hawaiian price movement. The serial correlation of 0.75 indicates that around 75.0% of current First Hawaiian price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 1.51 |
First Hawaiian lagged returns against current returns
Autocorrelation, which is First Hawaiian stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting First Hawaiian's stock expected returns. We can calculate the autocorrelation of First Hawaiian returns to help us make a trade decision. For example, suppose you find that First Hawaiian has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
First Hawaiian regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If First Hawaiian stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Hawaiian stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Hawaiian stock over time.
Current vs Lagged Prices |
| Timeline |
First Hawaiian Lagged Returns
When evaluating First Hawaiian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Hawaiian stock have on its future price. First Hawaiian autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, First Hawaiian autocorrelation shows the relationship between First Hawaiian stock current value and its past values and can show if there is a momentum factor associated with investing in First Hawaiian.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Hawaiian offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Hawaiian'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 First Hawaiian Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Hawaiian Stock:Check out First Hawaiian Correlation, First Hawaiian Volatility and First Hawaiian Alpha and Beta module to complement your research on First Hawaiian. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
First Hawaiian 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.