HWCPZ Stock | | | USD 25.33 0.57 2.30% |
Hancock Whitney financial indicator trend analysis is much more than just examining Hancock Whitney latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hancock Whitney is a good investment. Please check the relationship between Hancock Whitney Depreciation and its Net Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hancock Whitney. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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For more information on how to buy Hancock Stock please use our
How to Invest in Hancock Whitney guide.
Depreciation vs Net Income
Depreciation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hancock Whitney Depreciation account and
Net Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Hancock Whitney's Depreciation and Net Income is 0.07. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of Hancock Whitney, assuming nothing else is changed. The correlation between historical values of Hancock Whitney's Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Hancock Whitney are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation i.e., Hancock Whitney's Depreciation and Net Income go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Hancock Whitney value has been used up. For tax purposes Hancock Whitney can deduct the cost of the tangible assets it purchases as business expenses. However, Hancock Whitney must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Hancock Whitney financial statement analysis. It represents the amount of money remaining after all of Hancock Whitney operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Hancock Whitney's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hancock Whitney current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hancock Whitney. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Hancock Stock please use our
How to Invest in Hancock Whitney guide.At this time, Hancock Whitney's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 3
B in 2024, whereas
Tax Provision is likely to drop slightly above 60
M in 2024.
Hancock Whitney fundamental ratios Correlations
Click cells to compare fundamentals
Hancock Whitney Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hancock Whitney fundamental ratios Accounts
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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.