Hancock Whitney Correlations
HWC Stock | USD 60.83 0.45 0.75% |
The current 90-days correlation between Hancock Whitney Corp and Cadence Bancorp is 0.9 (i.e., Almost no diversification). The correlation of Hancock Whitney 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Hancock Whitney Correlation With Market
Poor diversification
The correlation between Hancock Whitney Corp and DJI is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hancock Whitney Corp and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Hancock Stock
0.97 | AX | Axos Financial Earnings Call This Week | PairCorr |
0.94 | BY | Byline Bancorp Earnings Call Tomorrow | PairCorr |
0.89 | DB | Deutsche Bank AG Earnings Call Tomorrow | PairCorr |
0.8 | KB | KB Financial Group | PairCorr |
0.85 | NU | Nu Holdings | PairCorr |
0.95 | PB | Prosperity Bancshares Earnings Call Today | PairCorr |
0.96 | RF | Regions Financial Normal Trading | PairCorr |
0.83 | WF | Woori Financial Group Earnings Call Today | PairCorr |
0.79 | VABK | Virginia National | PairCorr |
0.63 | VBNK | VersaBank | PairCorr |
0.85 | VBTX | Veritex Holdings | PairCorr |
0.79 | TECTP | Tectonic Financial | PairCorr |
0.89 | TFC-PO | Truist Financial | PairCorr |
0.83 | TFC-PR | Truist Financial | PairCorr |
0.9 | CFG-PE | Citizens Financial | PairCorr |
0.88 | CFG-PH | Citizens Financial Group, | PairCorr |
0.98 | EFSC | Enterprise Financial | PairCorr |
0.67 | KEY-PI | KeyCorp | PairCorr |
0.74 | KEY-PJ | KeyCorp | PairCorr |
0.79 | KEY-PK | KeyCorp | PairCorr |
0.78 | KEY-PL | KeyCorp | PairCorr |
0.83 | WABC | Westamerica Bancorporation | PairCorr |
0.92 | WAFD | Washington Federal | PairCorr |
0.84 | WASH | Washington Trust Bancorp | PairCorr |
0.77 | BANC-PF | Banc of California | PairCorr |
0.89 | EQBK | Equity Bancshares, | PairCorr |
0.94 | ESSA | ESSA Bancorp Earnings Call Today | PairCorr |
0.67 | TFINP | Triumph Financial | PairCorr |
0.9 | WSBCP | WesBanco Earnings Call Today | PairCorr |
0.83 | WNEB | Western New England | PairCorr |
0.98 | WSBC | WesBanco Earnings Call This Week | PairCorr |
Related Correlations Analysis
0.98 | 0.95 | 0.85 | 0.76 | 0.67 | 0.91 | CADE | ||
0.98 | 0.94 | 0.83 | 0.81 | 0.72 | 0.88 | TRMK | ||
0.95 | 0.94 | 0.92 | 0.59 | 0.46 | 0.97 | ABCB | ||
0.85 | 0.83 | 0.92 | 0.4 | 0.29 | 0.89 | HONE | ||
0.76 | 0.81 | 0.59 | 0.4 | 0.96 | 0.53 | AMTB | ||
0.67 | 0.72 | 0.46 | 0.29 | 0.96 | 0.38 | EGBN | ||
0.91 | 0.88 | 0.97 | 0.89 | 0.53 | 0.38 | AUB | ||
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Risk-Adjusted Indicators
There is a big difference between Hancock Stock performing well and Hancock Whitney Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hancock Whitney's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
CADE | 1.39 | 0.16 | 0.13 | 0.28 | 1.34 | 3.04 | 9.76 | |||
TRMK | 1.03 | 0.11 | 0.09 | 0.28 | 0.88 | 2.85 | 6.29 | |||
ABCB | 1.18 | 0.15 | 0.16 | 0.29 | 0.91 | 2.79 | 8.02 | |||
HONE | 1.25 | 0.25 | 0.21 | 0.39 | 0.86 | 2.49 | 15.42 | |||
AMTB | 1.61 | (0.03) | (0.01) | 0.14 | 2.74 | 3.68 | 17.50 | |||
EGBN | 2.02 | (0.07) | (0.01) | 0.11 | 2.82 | 4.40 | 15.25 | |||
AUB | 1.50 | 0.21 | 0.22 | 0.31 | 1.10 | 3.70 | 10.71 |
Hancock Whitney Corporate Management
Paul Maxwell | VP Officer | Profile | |
Samuel Kendricks | Officer | Profile | |
Eric Obeck | Chief Officer | Profile | |
Bill Bartz | Senior Group | Profile |