First Hawaiian (Germany) Market Value
| 1HI Stock | EUR 25.00 0.20 0.81% |
| Symbol | First |
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.
| 11/06/2024 |
| 01/05/2025 |
If you would invest 0.00 in First Hawaiian on November 6, 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 PKSHA TECHNOLOGY, Games Workshop, Vishay Intertechnology, ANGLER GAMING, Hochschild Mining, and SCOTT TECHNOLOGY. 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 | 2.13 | |||
| Information Ratio | 0.1514 | |||
| Maximum Drawdown | 19.2 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 2.87 |
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 | 0.1371 | |||
| Jensen Alpha | 0.3639 | |||
| Total Risk Alpha | 0.3311 | |||
| Sortino Ratio | 0.1663 | |||
| Treynor Ratio | 1.62 |
First Hawaiian Backtested Returns
First Hawaiian appears to be very steady, given 3 months investment horizon. First Hawaiian secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% 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 Downside Deviation of 2.13, coefficient of variation of 621.24, and Mean Deviation of 1.3 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 12. The firm shows a Beta (market volatility) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, First Hawaiian's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Hawaiian is expected to be smaller as well. Please check First Hawaiian's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether First Hawaiian's price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
First Hawaiian has poor reverse predictability. Overlapping area represents the amount of predictability between First Hawaiian time series from 6th of November 2024 to 6th of December 2024 and 6th of December 2024 to 5th of January 2025. 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 -0.31 indicates that nearly 31.0% of current First Hawaiian price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
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 |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in First Stock
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 more detail on how to invest in First Stock please use our How to Invest in First Hawaiian guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.