| 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 Payables Turnover and its Price To Sales Ratio 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
signals in american community survey.
For more information on how to buy Hancock Stock please use our
How to Invest in Hancock Whitney guide.
Payables Turnover vs Price To Sales Ratio
Payables Turnover vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hancock Whitney Payables Turnover account and
Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hancock Whitney's Payables Turnover and Price To Sales Ratio is -0.05. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Price To Sales Ratio 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 Payables Turnover and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Hancock Whitney are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Payables Turnover i.e., Hancock Whitney's Payables Turnover and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.05 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Hancock Whitney stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hancock Whitney sales, a figure that is much harder to manipulate than other Hancock Whitney multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
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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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.