Evertec Stock Odds of Future Stock Price Finishing Over 31.285

EVTC Stock  USD 39.62  1.24  3.23%   
Evertec's implied volatility is one of the determining factors in the pricing options written on Evertec. Implied volatility approximates the future value of Evertec based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Evertec over a specific time period. For example, 2024-04-19 CALL at $40.0 is a CALL option contract on Evertec's common stock with a strick price of 40.0 expiring on 2024-04-19. The contract was not traded in recent days and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $0.1, and an ask price of $1.4. The implied volatility as of the 28th of March is 22.5. View All Evertec options

Closest to current price Evertec long CALL Option Payoff at Expiration

Evertec's future price is the expected price of Evertec instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Evertec performance during a given time horizon utilizing its historical volatility. Check out Evertec Backtesting, Evertec Valuation, Evertec Correlation, Evertec Hype Analysis, Evertec Volatility, Evertec History as well as Evertec Performance.
For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.
  
At present, Evertec's Price To Operating Cash Flows Ratio is projected to drop based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 23.17, whereas Price To Sales Ratio is forecasted to decline to 3.52. Please specify Evertec's target price for which you would like Evertec odds to be computed.

Evertec Target Price Odds to finish over 31.285

The tendency of Evertec Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 31.29  in 90 days
 39.62 90 days 31.29 
close to 99
Based on a normal probability distribution, the odds of Evertec to stay above $ 31.29  in 90 days from now is close to 99 (This Evertec probability density function shows the probability of Evertec Stock to fall within a particular range of prices over 90 days) . Probability of Evertec price to stay between $ 31.29  and its current price of $39.62 at the end of the 90-day period is about 51.77 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.62 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Evertec will likely underperform. Additionally Evertec has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Evertec Price Density   
       Price  

Predictive Modules for Evertec

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Evertec. 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 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.
Hype
Prediction
LowEstimatedHigh
37.5939.6241.65
Details
Intrinsic
Valuation
LowRealHigh
38.8340.8642.89
Details
Naive
Forecast
LowNextHigh
38.7240.7542.78
Details
6 Analysts
Consensus
LowTargetHigh
38.5242.3346.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Evertec. Your research has to be compared to or analyzed against Evertec's peers to derive any actionable benefits. When done correctly, Evertec's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Evertec.

Evertec Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Evertec is not an exception. The market had few large corrections towards the Evertec's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Evertec, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Evertec within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.25
β
Beta against NYSE Composite1.62
σ
Overall volatility
1.55
Ir
Information ratio -0.09

Evertec Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Evertec for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Evertec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Evertec generated a negative expected return over the last 90 days
Evertec has a strong financial position based on the latest SEC filings
Over 99.0% of the company shares are held by institutions such as insurance companies
On 15th of March 2024 Evertec paid $ 0.05 per share dividend to its current shareholders
Latest headline from news.google.com: Frank G. Dangelo Sells 16000 Shares of EVERTEC, Inc. Stock - Defense World

Evertec Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Evertec Stock often depends not only on the future outlook of the current and potential Evertec's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Evertec's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding65.8 M
Cash And Short Term Investments318.7 M

Evertec Technical Analysis

Evertec's future price can be derived by breaking down and analyzing its technical indicators over time. Evertec Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Evertec. In general, you should focus on analyzing Evertec Stock price patterns and their correlations with different microeconomic environments and drivers.

Evertec Predictive Forecast Models

Evertec's time-series forecasting models is one of many Evertec's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Evertec's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Evertec

Checking the ongoing alerts about Evertec for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Evertec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Evertec generated a negative expected return over the last 90 days
Evertec has a strong financial position based on the latest SEC filings
Over 99.0% of the company shares are held by institutions such as insurance companies
On 15th of March 2024 Evertec paid $ 0.05 per share dividend to its current shareholders
Latest headline from news.google.com: Frank G. Dangelo Sells 16000 Shares of EVERTEC, Inc. Stock - Defense World
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 Backtesting, Evertec Valuation, Evertec Correlation, Evertec Hype Analysis, Evertec Volatility, Evertec History as well as Evertec Performance.
For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Evertec's price analysis, check to measure Evertec's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evertec is operating at the current time. Most of Evertec's value examination focuses on studying past and present price action to predict the probability of Evertec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evertec's price. Additionally, you may evaluate how the addition of Evertec to your portfolios can decrease your overall portfolio volatility.
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Is Evertec's industry 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
(0.61)
Dividend Share
0.2
Earnings Share
1.21
Revenue Per Share
10.699
Quarterly Revenue Growth
0.203
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.