Hawaiian Holdings Stock Beta

HA Stock  USD 13.33  0.01  0.08%   
Hawaiian Holdings fundamentals help investors to digest information that contributes to Hawaiian Holdings' financial success or failures. It also enables traders to predict the movement of Hawaiian Stock. The fundamental analysis module provides a way to measure Hawaiian Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hawaiian Holdings stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hawaiian Beta Analysis

Hawaiian Holdings' 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.

Current Hawaiian Holdings Beta

    
  2.4  
Most of Hawaiian Holdings' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hawaiian Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hawaiian Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Hawaiian Holdings is extremely important. It helps to project a fair market value of Hawaiian Stock properly, considering its historical fundamentals such as Beta. Since Hawaiian Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hawaiian Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hawaiian Holdings' interrelated accounts and indicators.
-0.020.30.860.210.830.760.460.340.970.870.73-0.870.540.780.82-0.380.820.970.860.740.74-0.180.8-0.83-0.70.710.590.46
-0.020.19-0.220.220.120.130.69-0.06-0.07-0.01-0.29-0.150.47-0.050.270.07-0.13-0.04-0.04-0.04-0.22-0.43-0.24-0.13-0.33-0.19-0.15-0.06
0.30.19-0.160.990.120.560.28-0.340.050.070.26-0.470.28-0.10.550.53-0.230.330.540.45-0.38-0.660.26-0.59-0.34-0.03-0.12-0.55
0.86-0.22-0.16-0.250.740.550.280.470.950.880.66-0.580.270.90.53-0.640.950.810.60.570.950.20.72-0.54-0.530.810.760.72
0.210.220.99-0.250.040.480.27-0.47-0.05-0.030.19-0.380.18-0.180.490.58-0.340.250.450.39-0.46-0.720.21-0.54-0.32-0.11-0.2-0.61
0.830.120.120.740.040.530.470.30.840.640.34-0.770.50.660.65-0.710.730.840.720.810.7-0.220.57-0.69-0.80.440.310.61
0.760.130.560.550.480.530.550.310.640.730.73-0.660.470.580.8-0.050.490.690.720.680.32-0.10.55-0.67-0.540.540.590.01
0.460.690.280.280.270.470.550.040.40.430.17-0.40.390.390.67-0.160.260.420.380.480.19-0.360.36-0.42-0.660.250.260.15
0.34-0.06-0.340.47-0.470.30.310.040.450.50.44-0.30.580.40.22-0.380.620.260.250.080.510.690.080.050.120.320.460.37
0.97-0.070.050.95-0.050.840.640.40.450.890.69-0.780.490.850.71-0.540.930.930.760.660.88-0.010.77-0.71-0.640.750.650.64
0.87-0.010.070.88-0.030.640.730.430.50.890.7-0.670.460.940.67-0.410.90.770.70.530.810.150.65-0.65-0.540.890.890.58
0.73-0.290.260.660.190.340.730.170.440.690.7-0.60.380.540.690.010.60.70.680.410.480.140.67-0.54-0.210.550.590.05
-0.87-0.15-0.47-0.58-0.38-0.77-0.66-0.4-0.3-0.78-0.67-0.6-0.78-0.53-0.850.22-0.63-0.9-0.94-0.66-0.490.38-0.60.890.66-0.39-0.3-0.27
0.540.470.280.270.180.50.470.390.580.490.460.38-0.780.260.63-0.090.440.540.610.250.25-0.160.2-0.5-0.290.120.130.13
0.78-0.05-0.10.9-0.180.660.580.390.40.850.940.54-0.530.260.53-0.60.910.680.580.540.880.20.59-0.56-0.580.890.890.73
0.820.270.550.530.490.650.80.670.220.710.670.69-0.850.630.53-0.10.50.810.880.730.36-0.360.63-0.84-0.730.370.370.05
-0.380.070.53-0.640.58-0.71-0.05-0.16-0.38-0.54-0.410.010.22-0.09-0.6-0.1-0.64-0.34-0.19-0.42-0.73-0.29-0.220.130.48-0.33-0.32-0.8
0.82-0.13-0.230.95-0.340.730.490.260.620.930.90.6-0.630.440.910.5-0.640.770.60.470.970.270.62-0.52-0.450.80.770.79
0.97-0.040.330.810.250.840.690.420.260.930.770.7-0.90.540.680.81-0.340.770.880.750.69-0.290.8-0.86-0.680.590.440.43
0.86-0.040.540.60.450.720.720.380.250.760.70.68-0.940.610.580.88-0.190.60.880.790.48-0.30.65-0.9-0.680.450.390.19
0.74-0.040.450.570.390.810.680.480.080.660.530.41-0.660.250.540.73-0.420.470.750.790.44-0.270.56-0.72-0.810.350.280.24
0.74-0.22-0.380.95-0.460.70.320.190.510.880.810.48-0.490.250.880.36-0.730.970.690.480.440.30.58-0.42-0.440.770.710.88
-0.18-0.43-0.660.2-0.72-0.22-0.1-0.360.69-0.010.150.140.38-0.160.2-0.36-0.290.27-0.29-0.3-0.270.3-0.220.550.50.210.430.25
0.8-0.240.260.720.210.570.550.360.080.770.650.67-0.60.20.590.63-0.220.620.80.650.560.58-0.22-0.66-0.490.630.450.28
-0.83-0.13-0.59-0.54-0.54-0.69-0.67-0.420.05-0.71-0.65-0.540.89-0.5-0.56-0.840.13-0.52-0.86-0.9-0.72-0.420.55-0.660.78-0.43-0.33-0.19
-0.7-0.33-0.34-0.53-0.32-0.8-0.54-0.660.12-0.64-0.54-0.210.66-0.29-0.58-0.730.48-0.45-0.68-0.68-0.81-0.440.5-0.490.78-0.33-0.26-0.34
0.71-0.19-0.030.81-0.110.440.540.250.320.750.890.55-0.390.120.890.37-0.330.80.590.450.350.770.210.63-0.43-0.330.910.63
0.59-0.15-0.120.76-0.20.310.590.260.460.650.890.59-0.30.130.890.37-0.320.770.440.390.280.710.430.45-0.33-0.260.910.53
0.46-0.06-0.550.72-0.610.610.010.150.370.640.580.05-0.270.130.730.05-0.80.790.430.190.240.880.250.28-0.19-0.340.630.53
Click cells to compare fundamentals
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.
Competition

In accordance with the recently published financial statements, Hawaiian Holdings has a Beta of 2.403. This is 75.4% higher than that of the Passenger Airlines sector and 135.59% higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.

Hawaiian Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hawaiian Holdings' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hawaiian Holdings could also be used in its relative valuation, which is a method of valuing Hawaiian Holdings by comparing valuation metrics of similar companies.
Hawaiian Holdings is currently under evaluation in beta category among related companies.

Hawaiian Holdings Institutional Holders

Institutional Holdings refers to the ownership stake in Hawaiian Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hawaiian Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hawaiian Holdings' value.
Shares
State Street Corporation2023-12-31
1.1 M
Eckert Corp2023-12-31
1.1 M
Dimensional Fund Advisors, Inc.2023-12-31
989.6 K
Woodline Partners Lp2023-12-31
849 K
Third Avenue Management Llc2023-12-31
815.6 K
Nuveen Asset Management, Llc2023-12-31
632.6 K
Water Island Capital Llc2023-12-31
560.1 K
Northern Trust Corp2023-12-31
463.5 K
Ws Management Llp2023-12-31
450 K
Blackrock Inc2023-12-31
M
Vanguard Group Inc2023-12-31
2.7 M
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hawaiian Holdings will likely underperform.

Hawaiian Fundamentals

About Hawaiian Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hawaiian Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hawaiian Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hawaiian Holdings 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.
Please read more on our fundamental analysis page.
Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo. Hawaiian Holdings, Inc. was incorporated in 1929 and is headquartered in Honolulu, Hawaii. Hawaiian Hlds operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 6674 people.

Hawaiian Holdings Investors Sentiment

The influence of Hawaiian Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hawaiian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hawaiian Holdings' public news can be used to forecast risks associated with an investment in Hawaiian. The trend in average sentiment can be used to explain how an investor holding Hawaiian can time the market purely based on public headlines and social activities around Hawaiian Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hawaiian Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hawaiian Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hawaiian Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hawaiian Holdings.

Hawaiian Holdings Implied Volatility

    
  20.37  
Hawaiian Holdings' implied volatility exposes the market's sentiment of Hawaiian Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hawaiian Holdings' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hawaiian Holdings stock will not fluctuate a lot when Hawaiian Holdings' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hawaiian Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hawaiian Holdings' short interest history, or implied volatility extrapolated from Hawaiian Holdings options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Hawaiian Holdings Piotroski F Score and Hawaiian Holdings Altman Z Score 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Hawaiian Stock analysis

When running Hawaiian Holdings' price analysis, check to measure Hawaiian Holdings' 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 Holdings is operating at the current time. Most of Hawaiian Holdings' value examination focuses on studying past and present price action to predict the probability of Hawaiian Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hawaiian Holdings' price. Additionally, you may evaluate how the addition of Hawaiian Holdings to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Equity Valuation
Check real value of public entities based on technical and fundamental data
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
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.