Hancock Whitney Corporation 6.25% Subordinated Notes due 2060 (HWCPZ) Correlation Distribution
Across 6,809 rolling correlation observations between Hancock Whitney Corporation 6.25% Subordinated Notes due 2060 (HWCPZ) and other NASDAQ-listed stocks, 69.9% are positive and 30.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.296, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 29.1% and strong negative correlations (≤−0.7) for 1.3%.
- Total observations
- 6,809
- Mean correlation
- 0.296
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69.9%
- Strong positive (≥0.7)
- 29.1%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 44 | 0.6% | |
| -0.8 to -0.7 | 44 | 0.6% | |
| -0.7 to -0.6 | 242 | 3.6% | |
| -0.6 to -0.5 | 242 | 3.6% | |
| -0.5 to -0.4 | 316 | 4.6% | |
| -0.4 to -0.3 | 315 | 4.6% | |
| -0.3 to -0.2 | 283 | 4.2% | |
| -0.2 to -0.1 | 282 | 4.1% | |
| -0.1 to 0.0 | 279 | 4.1% | |
| 0.0 to 0.1 | 278 | 4.1% | |
| 0.1 to 0.2 | 286 | 4.2% | |
| 0.2 to 0.3 | 285 | 4.2% | |
| 0.3 to 0.4 | 350 | 5.1% | |
| 0.4 to 0.5 | 350 | 5.1% | |
| 0.5 to 0.6 | 617 | 9.1% | |
| 0.6 to 0.7 | 617 | 9.1% | |
| 0.7 to 0.8 | 915 | 13.4% | |
| 0.8 to 0.9 | 915 | 13.4% | |
| 0.9 to 1.0 | 149 | 2.2% |
Frequently asked questions
What is the average correlation of HWCPZ?
Hancock Whitney Corporation 6.25% Subordinated Notes due 2060 (HWCPZ) has an average correlation of about 0.296 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is HWCPZ positively correlated with other stocks?
Mostly yes — 69.9% of pairs are positive and 30.1% are negative. Strong positive correlations (≥0.7) make up 29.1%.
What is the most common correlation range for HWCPZ?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.9% of all pairs.
Explore the full interactive correlation distribution for HWCPZ.
Open interactive dashboard →