Hancock Whitney Corporation 6.25% Subordinated Notes due 2060 (HWCPZ) — Stock Correlations & Overview
Over the past year, HWCPZ has moved most closely with STTpG, RFpE, BEMB. Explore the stocks most correlated and inversely correlated with HWCPZ below, along with its price, financials, and company profile.
Stocks correlated with HWCPZ
Correlation of daily returns. Higher positive values move with HWCPZ; negative values move opposite it. Informational only, not investment advice.
Most correlated with HWCPZ
| Symbol | Company | Correlation |
|---|---|---|
| STTpG | State Street Corporation Depositary shares, each representing a 1/4,000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series GSTATE COMMERCIAL BANKS | 0.46 |
| RFpE | Regions Financial Corporation Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.45% Non-Cumulative Perpetual Preferred Stock, Series ENATIONAL COMMERCIAL BANKS | 0.46 |
| BEMB | iShares J.P. Morgan Broad USD Emerging Markets Bond ETF | 0.45 |
| JFLX | JPMorgan Flexible Debt ETF | 0.45 |
| JPIB | JPMorgan International Bond Opportunities ETF | 0.45 |
Most inversely correlated with HWCPZ
| Symbol | Company | Correlation |
|---|---|---|
| BNO | United States Brent Oil Fund, LPCOMMODITY CONTRACTS BROKERS & DEALERS | -0.36 |
| DBE | Invesco DB Energy FundCOMMODITY CONTRACTS BROKERS & DEALERS | -0.35 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.34 |
| USO | United States Oil Fund, LPCOMMODITY CONTRACTS BROKERS & DEALERS | -0.34 |
| TBX | ProShares Short 7-10 Year Treasury | -0.34 |
Frequently asked questions about HWCPZ correlations
- Which stocks are most correlated with HWCPZ?
- Based on one year of daily returns, the stocks most correlated with Hancock Whitney Corporation 6.25% Subordinated Notes due 2060 (HWCPZ) are STTpG (0.46), RFpE (0.46) and BEMB (0.45). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with HWCPZ?
- Over the past year, the stocks most inversely correlated with Hancock Whitney Corporation 6.25% Subordinated Notes due 2060 (HWCPZ) are BNO (-0.36), DBE (-0.35) and PST (-0.34). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these HWCPZ correlations calculated?
- We compute the correlation of daily returns between HWCPZ and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.