Hawaiian Holdings Price to Earning vs. Beta

HA Stock  USD 13.33  0.01  0.08%   
Based on Hawaiian Holdings' profitability indicators, Hawaiian Holdings may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Hawaiian Holdings' ability to earn profits and add value for shareholders. At present, Hawaiian Holdings' Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Days Of Sales Outstanding is expected to grow to 23.98, whereas Operating Cash Flow Sales Ratio is projected to grow to (0.06). At present, Hawaiian Holdings' Non Operating Income Net Other is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 60.1 M, whereas Accumulated Other Comprehensive Income is forecasted to decline to (83.1 M).
For Hawaiian Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hawaiian Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hawaiian Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hawaiian Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hawaiian Holdings over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
For information on how to trade Hawaiian Stock refer to our How to Trade Hawaiian Stock guide.
Is Hawaiian Holdings' 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 Hawaiian Holdings. 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 Holdings 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
(0.08)
Earnings Share
(5.05)
Revenue Per Share
52.645
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.05)
The market value of Hawaiian Holdings 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 Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Holdings' 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 Holdings' market value can be influenced by many factors that don't directly affect Hawaiian Holdings' 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 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Holdings' 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.

Hawaiian Holdings Beta vs. Price to Earning Fundamental Analysis

Hawaiian Beta vs. Price to Earning

Hawaiian Holdings

 = 
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Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Hawaiian Holdings

Beta

 = 

Covariance

Variance

 = 
2.4
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Hawaiian Beta Comparison

Hawaiian Holdings is currently under evaluation in beta category among related companies.

Use Hawaiian Holdings in pair-trading

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 Hawaiian Holdings 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 Hawaiian Holdings will appreciate offsetting losses from the drop in the long position's value.

Hawaiian Holdings Pair Trading

Hawaiian Holdings Pair Trading Analysis

The ability to find closely correlated positions to Hawaiian Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hawaiian Holdings 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 Hawaiian Holdings - 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 Hawaiian Holdings to buy it.
The correlation of Hawaiian Holdings 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 Hawaiian Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hawaiian Holdings 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 Hawaiian Holdings 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Hawaiian Holdings position

In addition to having Hawaiian Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Money Funds Thematic Idea Now

Money Funds
Money Funds Theme
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 34 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.
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When determining whether Hawaiian Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hawaiian Holdings' 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 Hawaiian Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hawaiian Holdings Stock:
Check out Risk vs Return Analysis.
For information on how to trade Hawaiian Stock refer to our How to Trade Hawaiian Stock guide.
Note that the Hawaiian Holdings information on this page should be used as a complementary analysis to other Hawaiian Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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To fully project Hawaiian Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hawaiian Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hawaiian Holdings' income statement, its balance sheet, and the statement of cash flows.
Potential Hawaiian Holdings investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Hawaiian Holdings investors may work on each financial statement separately, they are all related. The changes in Hawaiian Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hawaiian Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.