Hancock Whitney Stock Market Value
| HWCPZ Stock | USD 24.89 0.47 1.92% |
| Symbol | Hancock |
Is Banking space 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 Hancock Whitney. If investors know Hancock 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 Hancock Whitney listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hancock Whitney is measured differently than its book value, which is the value of Hancock that is recorded on the company's balance sheet. Investors also form their own opinion of Hancock Whitney's value that differs from its market value or its book value, called intrinsic value, which is Hancock Whitney'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 Hancock Whitney's market value can be influenced by many factors that don't directly affect Hancock Whitney'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 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.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Hancock Whitney on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Hancock Whitney or generate 0.0% return on investment in Hancock Whitney over 300 days. Hancock Whitney is related to or competes with Office Properties, Brighthouse Financial, American Financial, American Financial, and CMS Energy. 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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8951 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 5.58 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.46 |
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 | 0.0321 | |||
| Jensen Alpha | 0.0015 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.1256 |
Hancock Whitney Backtested Returns
At this stage we consider Hancock Stock to be very steady. Hancock Whitney holds Efficiency (Sharpe) Ratio of 0.0399, which attests that the entity had a 0.0399% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hancock Whitney, which you can use to evaluate the volatility of the firm. Please check out Hancock Whitney's Downside Deviation of 0.8951, risk adjusted performance of 0.0321, and Market Risk Adjusted Performance of 0.1356 to validate if the risk estimate we provide is consistent with the expected return of 0.0363%. Hancock Whitney has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.21, 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 right now retains a risk of 0.91%. Please check out Hancock Whitney maximum drawdown, as well as the relationship between the skewness and day typical price , to decide if Hancock Whitney will be following its current trending patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
Hancock Whitney has very good reverse predictability. Overlapping area represents the amount of predictability between Hancock Whitney time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Hancock Whitney price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.9 |
Hancock Whitney 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.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Hancock Stock Analysis
When running Hancock Whitney's price analysis, check to measure Hancock Whitney'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 Hancock Whitney is operating at the current time. Most of Hancock Whitney's value examination focuses on studying past and present price action to predict the probability of Hancock Whitney's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hancock Whitney's price. Additionally, you may evaluate how the addition of Hancock Whitney to your portfolios can decrease your overall portfolio volatility.