Hancock Whitney Stock Forecast - 8 Period Moving Average

HWC Stock  USD 58.97  0.43  0.73%   
The 8 Period Moving Average forecasted value of Hancock Whitney Corp on the next trading day is expected to be 58.94 with a mean absolute deviation of 1.47 and the sum of the absolute errors of 77.90. Hancock Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hancock Whitney stock prices and determine the direction of Hancock Whitney Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hancock Whitney's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Hancock Whitney's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . The current year's Net Income Applicable To Common Shares is expected to grow to about 623.6 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 54.5 M.

Open Interest Against 2024-12-20 Hancock Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Hancock Whitney's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Hancock Whitney's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Hancock Whitney stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Hancock Whitney's open interest, investors have to compare it to Hancock Whitney's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Hancock Whitney is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Hancock. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
An 8-period moving average forecast model for Hancock Whitney is based on an artificially constructed time series of Hancock Whitney daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Hancock Whitney 8 Period Moving Average Price Forecast For the 8th of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Hancock Whitney Corp on the next trading day is expected to be 58.94 with a mean absolute deviation of 1.47, mean absolute percentage error of 4.62, and the sum of the absolute errors of 77.90.
Please note that although there have been many attempts to predict Hancock Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Hancock Whitney's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Hancock Whitney Stock Forecast Pattern

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Hancock Whitney Forecasted Value

In the context of forecasting Hancock Whitney's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Hancock Whitney's downside and upside margins for the forecasting period are 56.40 and 61.48, respectively. We have considered Hancock Whitney's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
58.97
58.94
Expected Value
61.48
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Hancock Whitney stock data series using in forecasting. Note that when a statistical model is used to represent Hancock Whitney stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria104.9389
BiasArithmetic mean of the errors -0.6895
MADMean absolute deviation1.4698
MAPEMean absolute percentage error0.0263
SAESum of the absolute errors77.8987
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Hancock Whitney Corp 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Hancock Whitney

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hancock Whitney Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hancock Whitney's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
56.6659.2061.74
Details
Intrinsic
Valuation
LowRealHigh
45.6148.1564.87
Details
8 Analysts
Consensus
LowTargetHigh
39.3343.2247.97
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.281.281.31
Details

Other Forecasting Options for Hancock Whitney

For every potential investor in Hancock, whether a beginner or expert, Hancock Whitney's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hancock Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hancock. Basic forecasting techniques help filter out the noise by identifying Hancock Whitney's price trends.

Hancock Whitney Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hancock Whitney stock to make a market-neutral strategy. Peer analysis of Hancock Whitney could also be used in its relative valuation, which is a method of valuing Hancock Whitney by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Hancock Whitney Corp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Hancock Whitney's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Hancock Whitney's current price.

Hancock Whitney Market Strength Events

Market strength indicators help investors to evaluate how Hancock Whitney stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hancock Whitney shares will generate the highest return on investment. By undertsting and applying Hancock Whitney stock market strength indicators, traders can identify Hancock Whitney Corp entry and exit signals to maximize returns.

Hancock Whitney Risk Indicators

The analysis of Hancock Whitney's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Hancock Whitney's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hancock stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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.
When determining whether Hancock Whitney Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hancock Whitney's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hancock Whitney Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hancock Whitney Corp Stock:
Check out Historical Fundamental Analysis of Hancock Whitney to cross-verify your projections.
For information on how to trade Hancock Stock refer to our How to Trade Hancock Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Regional Banks 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.
Quarterly Earnings Growth
0.188
Dividend Share
1.4
Earnings Share
4.49
Revenue Per Share
15.354
Quarterly Revenue Growth
0.069
The market value of Hancock Whitney Corp 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.