First Hawaiian Inc (FHB)
First Hawaiian, Inc. is a banking holding company for First Hawaiian Bank providing a range of banking services to consumers and business customers in the United States.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 32.09% per annum.
- FHB price at the close of April 29, 2025 was $23.22 and was lower than the bottom border of the primary price channel by $1.42 (5.76%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 70.33% per annum.
- FHB price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $0.56 (2.49%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of FHB price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: April 25, 2023
End date: March 10, 2025
a = 1.9377
b = 0.0008
s = 0.0625
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 32.09%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0625) – 1
= 28.39%
April 25, 2023 calculations
Top border of price channel:
Exp(Y751)
= Exp(a + b × X751 + 2 × s)
= Exp(a + b × 1,090 + 2 × s)
= Exp(1.9377 + 0.0008 × 1,090 + 2 × 0.0625)
= Exp(2.8938)
= $18.06
Bottom border of price channel:
Exp(Y751)
= Exp(a + b × X751 – 2 × s)
= Exp(a + b × 1,090 – 2 × s)
= Exp(1.9377 + 0.0008 × 1,090 – 2 × 0.0625)
= Exp(2.6439)
= $14.07
March 10, 2025 calculations
Top border of price channel:
Exp(Y1,220)
= Exp(a + b × X1,220 + 2 × s)
= Exp(a + b × 1,775 + 2 × s)
= Exp(1.9377 + 0.0008 × 1,775 + 2 × 0.0625)
= Exp(3.4161)
= $30.45
Bottom border of price channel:
Exp(Y1,220)
= Exp(a + b × X1,220 – 2 × s)
= Exp(a + b × 1,775 – 2 × s)
= Exp(1.9377 + 0.0008 × 1,775 – 2 × 0.0625)
= Exp(3.1662)
= $23.72
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 32.09% per annum.
- FHB price at the close of April 29, 2025 was $23.22 and was lower than the bottom border of the primary price channel by $1.42 (5.76%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: January 31, 2025
End date: April 21, 2025
a = 9.1329
b = -0.0033
s = 0.0311
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0033) – 1
= -70.33%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0311) – 1
= 13.26%
January 31, 2025 calculations
Top border of price channel:
Exp(Y1,195)
= Exp(a + b × X1,195 + 2 × s)
= Exp(a + b × 1,737 + 2 × s)
= Exp(9.1329 + -0.0033 × 1,737 + 2 × 0.0311)
= Exp(3.4134)
= $30.37
Bottom border of price channel:
Exp(Y1,195)
= Exp(a + b × X1,195 – 2 × s)
= Exp(a + b × 1,737 – 2 × s)
= Exp(9.1329 + -0.0033 × 1,737 – 2 × 0.0311)
= Exp(3.2889)
= $26.81
April 21, 2025 calculations
Top border of price channel:
Exp(Y1,249)
= Exp(a + b × X1,249 + 2 × s)
= Exp(a + b × 1,817 + 2 × s)
= Exp(9.1329 + -0.0033 × 1,817 + 2 × 0.0311)
= Exp(3.1471)
= $23.27
Bottom border of price channel:
Exp(Y1,249)
= Exp(a + b × X1,249 – 2 × s)
= Exp(a + b × 1,817 – 2 × s)
= Exp(9.1329 + -0.0033 × 1,817 – 2 × 0.0311)
= Exp(3.0226)
= $20.54
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 70.33% per annum.
- FHB price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $0.56 (2.49%). This indicates a possible reversal in the secondary trend direction.