Evertec Stock Market Value
| EVTC Stock | USD 35.85 0.12 0.34% |
| Symbol | Evertec |
Evertec Price To Book Ratio
Is Transaction & Payment Processing Services 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 Evertec. If investors know Evertec 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 Evertec 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 1.533 | Dividend Share 0.2 | Earnings Share 1.28 | Revenue Per Share 12.741 | Quarterly Revenue Growth 0.223 |
The market value of Evertec is measured differently than its book value, which is the value of Evertec that is recorded on the company's balance sheet. Investors also form their own opinion of Evertec's value that differs from its market value or its book value, called intrinsic value, which is Evertec'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 Evertec's market value can be influenced by many factors that don't directly affect Evertec'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 Evertec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evertec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evertec'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.
Evertec 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Evertec's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Evertec.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Evertec on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Evertec or generate 0.0% return on investment in Evertec over 90 days. Evertec is related to or competes with Consensus Cloud, Global Blue, EverCommerce, CSG Systems, and ACI Worldwide. EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean More
Evertec Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Evertec's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Evertec upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.67 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.43 |
Evertec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evertec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evertec's standard deviation. In reality, there are many statistical measures that can use Evertec historical prices to predict the future Evertec's volatility.| Risk Adjusted Performance | 0.0558 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0973 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Evertec'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.
Evertec Backtested Returns
At this point, Evertec is very steady. Evertec secures Sharpe Ratio (or Efficiency) of 0.0526, which denotes the company had a 0.0526% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Evertec, which you can use to evaluate the volatility of the firm. Please confirm Evertec's Mean Deviation of 1.22, coefficient of variation of 1518.51, and Downside Deviation of 1.71 to check if the risk estimate we provide is consistent with the expected return of 0.0889%. Evertec has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.03, which means a somewhat significant risk relative to the market. Evertec returns are very sensitive to returns on the market. As the market goes up or down, Evertec is expected to follow. Evertec right now shows a risk of 1.69%. Please confirm Evertec information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis , to decide if Evertec will be following its price patterns.
Auto-correlation | 0.09 |
Virtually no predictability
Evertec has virtually no predictability. Overlapping area represents the amount of predictability between Evertec time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Evertec price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Evertec price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 1.91 |
Evertec lagged returns against current returns
Autocorrelation, which is Evertec stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Evertec's stock expected returns. We can calculate the autocorrelation of Evertec returns to help us make a trade decision. For example, suppose you find that Evertec has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Evertec regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Evertec stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evertec stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evertec stock over time.
Current vs Lagged Prices |
| Timeline |
Evertec Lagged Returns
When evaluating Evertec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evertec stock have on its future price. Evertec autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Evertec autocorrelation shows the relationship between Evertec stock current value and its past values and can show if there is a momentum factor associated with investing in Evertec.
Regressed Prices |
| Timeline |
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 Evertec offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evertec'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 Evertec Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evertec Stock:Check out Evertec Correlation, Evertec Volatility and Evertec Alpha and Beta module to complement your research on Evertec. For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Evertec technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.