Hancock Whitney Corp (HWC)
Hancock Whitney Corporation is the banking holding company for Hancock Whitney Bank offering a range of banking products and services to commercial, small business and retail clients. The company is headquartered in Gulfport, Mississippi.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 1.99% per annum.
- HWC price at the close of April 3, 2025 was $47.53 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 32.93% per annum.
- HWC price at the close of April 3, 2025 was lower than the bottom border of the secondary price channel by $3.94 (7.66%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of HWC price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: March 5, 2021
End date: July 10, 2024
a = 3.8018
b = -0.0001
s = 0.1128
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0001) – 1
= -1.99%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1128) – 1
= 57.01%
March 5, 2021 calculations
Top border of price channel:
Exp(Y230)
= Exp(a + b × X230 + 2 × s)
= Exp(a + b × 333 + 2 × s)
= Exp(3.8018 + -0.0001 × 333 + 2 × 0.1128)
= Exp(4.0091)
= $55.09
Bottom border of price channel:
Exp(Y230)
= Exp(a + b × X230 – 2 × s)
= Exp(a + b × 333 – 2 × s)
= Exp(3.8018 + -0.0001 × 333 – 2 × 0.1128)
= Exp(3.5579)
= $35.09
July 10, 2024 calculations
Top border of price channel:
Exp(Y1,071)
= Exp(a + b × X1,071 + 2 × s)
= Exp(a + b × 1,556 + 2 × s)
= Exp(3.8018 + -0.0001 × 1,556 + 2 × 0.1128)
= Exp(3.9417)
= $51.50
Bottom border of price channel:
Exp(Y1,071)
= Exp(a + b × X1,071 – 2 × s)
= Exp(a + b × 1,556 – 2 × s)
= Exp(3.8018 + -0.0001 × 1,556 – 2 × 0.1128)
= Exp(3.4905)
= $32.80
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 1.99% per annum.
- HWC price at the close of April 3, 2025 was $47.53 and was inside the primary price channel.
Secondary Trend
Start date: March 14, 2023
End date: March 7, 2025
a = 2.6607
b = 0.0008
s = 0.0708
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 32.93%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0708) – 1
= 32.72%
March 14, 2023 calculations
Top border of price channel:
Exp(Y739)
= Exp(a + b × X739 + 2 × s)
= Exp(a + b × 1,072 + 2 × s)
= Exp(2.6607 + 0.0008 × 1,072 + 2 × 0.0708)
= Exp(3.6384)
= $38.03
Bottom border of price channel:
Exp(Y739)
= Exp(a + b × X739 – 2 × s)
= Exp(a + b × 1,072 – 2 × s)
= Exp(2.6607 + 0.0008 × 1,072 – 2 × 0.0708)
= Exp(3.3553)
= $28.65
March 7, 2025 calculations
Top border of price channel:
Exp(Y1,236)
= Exp(a + b × X1,236 + 2 × s)
= Exp(a + b × 1,796 + 2 × s)
= Exp(2.6607 + 0.0008 × 1,796 + 2 × 0.0708)
= Exp(4.2031)
= $66.89
Bottom border of price channel:
Exp(Y1,236)
= Exp(a + b × X1,236 – 2 × s)
= Exp(a + b × 1,796 – 2 × s)
= Exp(2.6607 + 0.0008 × 1,796 – 2 × 0.0708)
= Exp(3.9200)
= $50.40
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 32.93% per annum.
- HWC price at the close of April 3, 2025 was lower than the bottom border of the secondary price channel by $3.94 (7.66%). This indicates a possible reversal in the secondary trend direction.