Plus Power Battery Storage Project Wins Public Service Company of New Mexico Award

HE Stock  USD 10.23  0.05  0.49%   
About 54% of Hawaiian Electric's investor base is interested to short. The analysis of overall sentiment of trading Hawaiian Electric Industries stock suggests that many investors are impartial at this time. The current market sentiment, together with Hawaiian Electric's historical and current headlines, can help investors time the market. In addition, many technical investors use Hawaiian Electric stock news signals to limit their universe of possible portfolio assets.
  
Today, Plus Power announced that its 150 MW 600 MWh Corazon Energy Storage project was awarded a 20-year contract by Public Service Company of New Mexico , subject to regulatory approvals, in response to the utilitys 2026-2028 Generation Resources Request for Proposals. The RFP was issued in 2022 and sought projects that will help serve growing energy demand in New Mexico as it transitions to zero-carbon energy by 2045. PNM filed with the New Mexico Public Regulation Commission for appro

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Hawaiian Electric Fundamental Analysis

We analyze Hawaiian Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hawaiian Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hawaiian Electric based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Earnings To Growth

Price To Earnings To Growth Comparative Analysis

Hawaiian Electric is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Hawaiian Electric Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hawaiian Electric stock to make a market-neutral strategy. Peer analysis of Hawaiian Electric could also be used in its relative valuation, which is a method of valuing Hawaiian Electric by comparing valuation metrics with similar companies.

Peers

Hawaiian Electric Related Equities

PNWPinnacle West   0.89   
0%
69.0%
ETI-PEntergy Texas   0.82   
0%
64.0%
EBRCentrais Electricas   0.52   
0%
40.0%
OGEOGE Energy   0.40   
0%
31.0%
ETREntergy   0.21   
0%
16.0%
EVRGEvergy,   0.03   
0%
2.0%
LNTAlliant Energy   0.08   
6.0%
0%
AEEAmeren Corp   0.16   
12.0%
0%
IDAIDACORP   0.27   
21.0%
0%
DTEDTE Energy   0.56   
43.0%
0%
PORPortland General   0.76   
59.0%
0%
CNPCenterPoint Energy   0.96   
75.0%
0%
CMSCMS Energy   1.10   
85.0%
0%
MGEEMGE Energy   1.28   
100.0%
0%

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When running Hawaiian Electric's price analysis, check to measure Hawaiian Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hawaiian Electric is operating at the current time. Most of Hawaiian Electric's value examination focuses on studying past and present price action to predict the probability of Hawaiian Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hawaiian Electric's price. Additionally, you may evaluate how the addition of Hawaiian Electric to your portfolios can decrease your overall portfolio volatility.
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