Hawaiian Electric Industries Stock Alpha and Beta Analysis
| HE Stock | USD 10.98 0.37 3.49% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hawaiian Electric Industries. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hawaiian Electric over a specified time horizon. Remember, high Hawaiian Electric's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Hawaiian Electric's market risk premium analysis include:
Beta (0.43) | Alpha 0.0233 | Risk 3.28 | Sharpe Ratio 0.0035 | Expected Return 0.0116 |
Hawaiian Electric Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Hawaiian |
Hawaiian Electric Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hawaiian Electric market risk premium is the additional return an investor will receive from holding Hawaiian Electric long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hawaiian Electric. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Hawaiian Electric's performance over market.| α | 0.02 | β | -0.43 |
Hawaiian Electric expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Hawaiian Electric's Buy-and-hold return. Our buy-and-hold chart shows how Hawaiian Electric performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Hawaiian Electric Market Price Analysis
Market price analysis 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 understating and applying Hawaiian Electric stock market price indicators, traders can identify Hawaiian Electric position entry and exit signals to maximize returns.
Hawaiian Electric Return and Market Media
The median price of Hawaiian Electric for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 10.39 with a coefficient of variation of 7.09. The daily time series for the period is distributed with a sample standard deviation of 0.74, arithmetic mean of 10.48, and mean deviation of 0.6. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 4199 shares by Kurt Murao of Hawaiian Electric at 13.1 subject to Rule 16b-3 | 08/30/2024 |
2 | Oahu offshore wind farm plan gets blowback | 09/23/2024 |
3 | Insurers attempt to block 4B fire settlement in Hawaiis high court | 10/09/2024 |
4 | ON Semiconductor, Ford And 3 Stocks To Watch Heading Into Monday | 10/28/2024 |
5 | Deltec Asset Management LLC Acquires Shares of 50,000 Hawaiian Electric Industries, Inc. | 10/30/2024 |
6 | Hawaiian Electric completes 2B settlement on deadly Maui fire | 11/05/2024 |
7 | HEI Reports Third Quarter 2024 Results | 11/08/2024 |
8 | Aramark, Live Nation Entertainment And 3 Stocks To Watch Heading Into Monday | 11/11/2024 |
9 | Earnings call Hawaiian Electric addresses wildfire costs, financials | 11/12/2024 |
10 | Evercore ISI Raises Hawaiian Electric Industries Price Target to 11.00 | 11/13/2024 |
11 | On The My Stocks Page - Stock Traders Daily | 11/20/2024 |
About Hawaiian Electric Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Hawaiian or other stocks. Alpha measures the amount that position in Hawaiian Electric has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0335 | 0.0738 | 0.0492 | Price To Sales Ratio | 1.22 | 0.42 | 0.77 |
Hawaiian Electric Upcoming Company Events
As portrayed in its financial statements, the presentation of Hawaiian Electric's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hawaiian Electric's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Hawaiian Electric's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Hawaiian Electric. Please utilize our Beneish M Score to check the likelihood of Hawaiian Electric's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Hawaiian Electric Backtesting, Hawaiian Electric Valuation, Hawaiian Electric Correlation, Hawaiian Electric Hype Analysis, Hawaiian Electric Volatility, Hawaiian Electric History and analyze Hawaiian Electric Performance. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.