Hawaiian Electric Stock Forecast - 8 Period Moving Average

HE Stock  USD 10.95  0.24  2.24%   
The 8 Period Moving Average forecasted value of Hawaiian Electric Industries on the next trading day is expected to be 10.87 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 19.24. Hawaiian Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hawaiian Electric stock prices and determine the direction of Hawaiian Electric Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hawaiian Electric's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Hawaiian Electric's Fixed Asset Turnover is projected to increase significantly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 1.43, whereas Inventory Turnover is projected to grow to (4.5 K). . As of March 2, 2025, Common Stock Shares Outstanding is expected to decline to about 86.1 M. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 162.1 M.

Open Interest Against 2025-04-17 Hawaiian Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Hawaiian Electric's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Hawaiian Electric's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Hawaiian Electric stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Hawaiian Electric's open interest, investors have to compare it to Hawaiian Electric's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Hawaiian Electric is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Hawaiian. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
An 8-period moving average forecast model for Hawaiian Electric is based on an artificially constructed time series of Hawaiian Electric daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Hawaiian Electric 8 Period Moving Average Price Forecast For the 3rd of March

Given 90 days horizon, the 8 Period Moving Average forecasted value of Hawaiian Electric Industries on the next trading day is expected to be 10.87 with a mean absolute deviation of 0.36, mean absolute percentage error of 0.22, and the sum of the absolute errors of 19.24.
Please note that although there have been many attempts to predict Hawaiian 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 Hawaiian Electric's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Hawaiian Electric Stock Forecast Pattern

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Hawaiian Electric Forecasted Value

In the context of forecasting Hawaiian Electric'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. Hawaiian Electric's downside and upside margins for the forecasting period are 8.14 and 13.59, respectively. We have considered Hawaiian Electric'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.
Market Value
10.95
10.87
Expected Value
13.59
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Hawaiian Electric stock data series using in forecasting. Note that when a statistical model is used to represent Hawaiian Electric 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.
AICAkaike Information Criteria101.9114
BiasArithmetic mean of the errors -0.0396
MADMean absolute deviation0.3629
MAPEMean absolute percentage error0.0378
SAESum of the absolute errors19.2362
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Hawaiian Electric Industries 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Hawaiian Electric

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hawaiian Electric. 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.
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.
Hype
Prediction
LowEstimatedHigh
8.2010.9513.70
Details
Intrinsic
Valuation
LowRealHigh
7.5210.2713.02
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9.1510.3611.57
Details
4 Analysts
Consensus
LowTargetHigh
9.2110.1211.24
Details

Other Forecasting Options for Hawaiian Electric

For every potential investor in Hawaiian, whether a beginner or expert, Hawaiian Electric's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hawaiian Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hawaiian. Basic forecasting techniques help filter out the noise by identifying Hawaiian Electric's price trends.

View Hawaiian Electric Related Equities

 Risk & Return  Correlation

Hawaiian Electric 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 Hawaiian Electric'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 Hawaiian Electric's current price.

Hawaiian Electric Market Strength Events

Market strength 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 undertsting and applying Hawaiian Electric stock market strength indicators, traders can identify Hawaiian Electric Industries entry and exit signals to maximize returns.

Hawaiian Electric Risk Indicators

The analysis of Hawaiian Electric'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 Hawaiian Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hawaiian 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.
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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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.
Check out Historical Fundamental Analysis of Hawaiian Electric to cross-verify your projections.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Electric Utilities 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 Hawaiian Electric. If investors know Hawaiian 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 Hawaiian Electric 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
(0.24)
Earnings Share
(10.42)
Revenue Per Share
25.368
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0099
The market value of Hawaiian Electric is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Electric's value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Electric'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 Hawaiian Electric's market value can be influenced by many factors that don't directly affect Hawaiian Electric'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 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. However, Hawaiian Electric'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.