Bank Of Hawaii Preferred Stock Market Value
| BOH-PA Preferred Stock | USD 16.95 0.09 0.53% |
| Symbol | Bank |
Bank of Hawaii '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 Bank of Hawaii's preferred 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 Bank of Hawaii.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Bank of Hawaii on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Bank of Hawaii or generate 0.0% return on investment in Bank of Hawaii over 30 days. Bank of Hawaii is related to or competes with CullenFrost Bankers, Citizens Financial, Cadence Bank, Truist Financial, and US Bancorp. Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial produ... More
Bank of Hawaii 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 Bank of Hawaii's preferred 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 Bank of Hawaii upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 4.53 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 1.33 |
Bank of Hawaii Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of Hawaii's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank of Hawaii's standard deviation. In reality, there are many statistical measures that can use Bank of Hawaii historical prices to predict the future Bank of Hawaii's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.26) |
Bank of Hawaii Backtested Returns
Bank of Hawaii secures Sharpe Ratio (or Efficiency) of -0.0506, which signifies that the company had a -0.0506% return per unit of risk over the last 3 months. Bank of Hawaii exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank of Hawaii's Mean Deviation of 0.8671, standard deviation of 1.06, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank of Hawaii's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank of Hawaii is expected to be smaller as well. At this point, Bank of Hawaii has a negative expected return of -0.0541%. Please make sure to confirm Bank of Hawaii's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Bank of Hawaii performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Bank of Hawaii has very weak reverse predictability. Overlapping area represents the amount of predictability between Bank of Hawaii time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Bank of Hawaii price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Bank of Hawaii price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Bank of Hawaii lagged returns against current returns
Autocorrelation, which is Bank of Hawaii preferred 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 Bank of Hawaii's preferred stock expected returns. We can calculate the autocorrelation of Bank of Hawaii returns to help us make a trade decision. For example, suppose you find that Bank of Hawaii has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Bank of Hawaii 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 Bank of Hawaii preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank of Hawaii preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank of Hawaii preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Bank of Hawaii Lagged Returns
When evaluating Bank of Hawaii's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank of Hawaii preferred stock have on its future price. Bank of Hawaii 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, Bank of Hawaii autocorrelation shows the relationship between Bank of Hawaii preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Bank of Hawaii.
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.Other Information on Investing in Bank Preferred Stock
Bank of Hawaii financial ratios help investors to determine whether Bank Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bank with respect to the benefits of owning Bank of Hawaii security.