Bank of Hawaii Stock Forecast - Semi Variance
| BOH Stock | USD 58.67 0.47 0.81% |
Bank Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bank of Hawaii stock prices and determine the direction of Bank of Hawaii's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bank of Hawaii's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Bank of Hawaii's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Bank of Hawaii's systematic risk associated with finding meaningful patterns of Bank of Hawaii fundamentals over time.
Check out Historical Fundamental Analysis of Bank of Hawaii to cross-verify your projections. Bank |
Open Interest Against 2024-05-17 Bank Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Bank of Hawaii'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 Bank of Hawaii's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Bank of Hawaii 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 Bank of Hawaii's open interest, investors have to compare it to Bank of Hawaii'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 Bank of Hawaii 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 Bank. 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.
Most investors in Bank of Hawaii cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Bank of Hawaii's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Bank of Hawaii's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Bank of Hawaii Volatility | Backtest Bank of Hawaii | Information Ratio |
Bank of Hawaii Trading Date Momentum
| On April 24 2024 Bank of Hawaii was traded for 58.67 at the closing time. Highest Bank of Hawaii's price during the trading hours was 58.71 and the lowest price during the day was 57.19 . There was no trading activity during the period 0.0. Lack of trading volume on the 24th of April did not affect price variability. The overall trading delta to current price is 0.80% . |
| Compare Bank of Hawaii to competition |
Other Forecasting Options for Bank of Hawaii
For every potential investor in Bank, whether a beginner or expert, Bank of Hawaii's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bank Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bank. Basic forecasting techniques help filter out the noise by identifying Bank of Hawaii's price trends.View Bank of Hawaii Related Equities
| Risk & Return | Correlation |
Bank of Hawaii 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 Bank of Hawaii'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 Bank of Hawaii's current price.| Cycle Indicators | ||
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| Volume Indicators |
Bank of Hawaii Market Strength Events
Market strength indicators help investors to evaluate how Bank of Hawaii stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of Hawaii shares will generate the highest return on investment. By undertsting and applying Bank of Hawaii stock market strength indicators, traders can identify Bank of Hawaii entry and exit signals to maximize returns.
Bank of Hawaii Risk Indicators
The analysis of Bank of Hawaii'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 Bank of Hawaii's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bank 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.
| Mean Deviation | 1.4 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.02 |
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.
Pair Trading with Bank of Hawaii
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Hawaii position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Hawaii will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
| 0.74 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.84 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against Bank Stock
| 0.62 | TECTP | Tectonic Financial | PairCorr |
| 0.47 | DB | Deutsche Bank AG Earnings Call Today | PairCorr |
| 0.46 | VBFC | Village Bank | PairCorr |
| 0.43 | CFG-PD | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Bank of Hawaii could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Hawaii when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Hawaii - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Hawaii to buy it.
The correlation of Bank of Hawaii is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Hawaii moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Hawaii moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Hawaii can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Bank of Hawaii to cross-verify your projections. For more detail on how to invest in Bank Stock please use our How to Invest in Bank of Hawaii guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Bank Stock analysis
When running Bank of Hawaii's price analysis, check to measure Bank of Hawaii'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 Bank of Hawaii is operating at the current time. Most of Bank of Hawaii's value examination focuses on studying past and present price action to predict the probability of Bank of Hawaii's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Hawaii's price. Additionally, you may evaluate how the addition of Bank of Hawaii to your portfolios can decrease your overall portfolio volatility.
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Is Bank of Hawaii's industry 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 Bank of Hawaii. If investors know Bank 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 Bank of Hawaii 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) | Dividend Share 2.8 | Earnings Share 3.87 | Revenue Per Share 16.374 | Quarterly Revenue Growth (0.12) |
The market value of Bank of Hawaii is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Hawaii's value that differs from its market value or its book value, called intrinsic value, which is Bank of Hawaii'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 Bank of Hawaii's market value can be influenced by many factors that don't directly affect Bank of Hawaii'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 Bank of Hawaii's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Hawaii is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Hawaii'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.