HANCOCK WHITNEY (Germany) Market Value
| HH10 Stock | 23.60 0.60 2.61% |
| Symbol | HANCOCK |
Please note, there is a significant difference between HANCOCK WHITNEY's value and its price as these two are different measures arrived at by different means. Investors typically determine if HANCOCK WHITNEY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HANCOCK WHITNEY'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.
HANCOCK WHITNEY '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 HANCOCK WHITNEY's 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 HANCOCK WHITNEY.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in HANCOCK WHITNEY on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding HANCOCK WHITNEY SUNTS or generate 0.0% return on investment in HANCOCK WHITNEY over 30 days. HANCOCK WHITNEY is related to or competes with USWE SPORTS, Air Transport, Gaztransport Technigaz, BOS BETTER, SCIENCE IN, and CODERE ONLINE. More
HANCOCK WHITNEY 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 HANCOCK WHITNEY's 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 HANCOCK WHITNEY SUNTS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 9.45 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 2.68 |
HANCOCK WHITNEY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HANCOCK WHITNEY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HANCOCK WHITNEY's standard deviation. In reality, there are many statistical measures that can use HANCOCK WHITNEY historical prices to predict the future HANCOCK WHITNEY's volatility.| Risk Adjusted Performance | 0.0593 | |||
| Jensen Alpha | 0.0726 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.3699 |
HANCOCK WHITNEY SUNTS Backtested Returns
At this point, HANCOCK WHITNEY is very steady. HANCOCK WHITNEY SUNTS holds Efficiency (Sharpe) Ratio of 0.0987, which attests that the company had a 0.0987% return per unit of volatility over the last 3 months. We have found thirty technical indicators for HANCOCK WHITNEY SUNTS, which you can use to evaluate the volatility of the entity. Please check out HANCOCK WHITNEY's market risk adjusted performance of 0.3799, and Semi Deviation of 1.23 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. HANCOCK WHITNEY has a performance score of 7 on a scale of 0 to 100. The firm retains a Market Volatility (i.e., Beta) of 0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HANCOCK WHITNEY's returns are expected to increase less than the market. However, during the bear market, the loss of holding HANCOCK WHITNEY is expected to be smaller as well. HANCOCK WHITNEY SUNTS at this time retains a risk of 1.66%. Please check out HANCOCK WHITNEY total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if HANCOCK WHITNEY will be following its current trending patterns.
Auto-correlation | 0.62 |
Good predictability
HANCOCK WHITNEY SUNTS has good predictability. Overlapping area represents the amount of predictability between HANCOCK WHITNEY time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 HANCOCK WHITNEY SUNTS price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current HANCOCK WHITNEY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
HANCOCK WHITNEY SUNTS lagged returns against current returns
Autocorrelation, which is HANCOCK WHITNEY 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 HANCOCK WHITNEY's stock expected returns. We can calculate the autocorrelation of HANCOCK WHITNEY returns to help us make a trade decision. For example, suppose you find that HANCOCK WHITNEY has exhibited high autocorrelation historically, and you observe that the 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 |
HANCOCK WHITNEY 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 HANCOCK WHITNEY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HANCOCK WHITNEY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HANCOCK WHITNEY stock over time.
Current vs Lagged Prices |
| Timeline |
HANCOCK WHITNEY Lagged Returns
When evaluating HANCOCK WHITNEY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HANCOCK WHITNEY stock have on its future price. HANCOCK WHITNEY 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, HANCOCK WHITNEY autocorrelation shows the relationship between HANCOCK WHITNEY stock current value and its past values and can show if there is a momentum factor associated with investing in HANCOCK WHITNEY SUNTS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in HANCOCK Stock
HANCOCK WHITNEY financial ratios help investors to determine whether HANCOCK 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 HANCOCK with respect to the benefits of owning HANCOCK WHITNEY security.