Evertec Pretax Profit Margin from 2010 to 2024
| EVTC Stock | USD 37.19 0.10 0.27% |
Pretax Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.12286151 | Current Value 0.14 | Quarterly Volatility 0.13413976 |
Check Evertec financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Evertec main balance sheet or income statement drivers, such as Depreciation And Amortization of 81.1 M, Interest Expense of 25.9 M or Selling General Administrative of 62.7 M, as well as many exotic indicators such as Price To Sales Ratio of 3.52, Dividend Yield of 0.0047 or PTB Ratio of 4.25. Evertec financial statements analysis is a perfect complement when working with Evertec Valuation or Volatility modules.
Evertec | Pretax Profit Margin |
Latest Evertec's Pretax Profit Margin Growth Pattern
Below is the plot of the Pretax Profit Margin of Evertec over the last few years. It is Evertec's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Evertec's overall financial position and show how it may be relating to other accounts over time.
| Pretax Profit Margin | 10 Years Trend |
|
Pretax Profit Margin |
| Timeline |
Evertec Pretax Profit Margin Regression Statistics
| Arithmetic Mean | 0.16 | |
| Coefficient Of Variation | 82.50 | |
| Mean Deviation | 0.10 | |
| Median | 0.21 | |
| Standard Deviation | 0.13 | |
| Sample Variance | 0.02 | |
| Range | 0.5076 | |
| R-Value | 0.66 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.43 | |
| Significance | 0.01 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.25 |
Evertec Pretax Profit Margin History
About Evertec Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Evertec income statement, its balance sheet, and the statement of cash flows. Evertec investors use historical funamental indicators, such as Evertec's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Evertec investors may use each financial statement separately, they are all related. The changes in Evertec's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Evertec's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Evertec Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Evertec. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.12 | 0.14 |
Evertec Investors Sentiment
The influence of Evertec's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Evertec. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Evertec's public news can be used to forecast risks associated with an investment in Evertec. The trend in average sentiment can be used to explain how an investor holding Evertec can time the market purely based on public headlines and social activities around Evertec. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Evertec's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Evertec's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Evertec's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Evertec.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Evertec in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Evertec's short interest history, or implied volatility extrapolated from Evertec options trading.
Pair Trading with Evertec
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evertec position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evertec will appreciate offsetting losses from the drop in the long position's value.Moving against Evertec Stock
| 0.58 | SQ | Block Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.52 | BOX | Box Inc Financial Report 4th of June 2024 | PairCorr |
| 0.46 | DTSS | Datasea | PairCorr |
| 0.41 | NN | Nextnav Acquisition Corp Tech Boost | PairCorr |
The ability to find closely correlated positions to Evertec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evertec when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evertec - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evertec to buy it.
The correlation of Evertec is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evertec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evertec moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evertec can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Evertec Correlation against competitors. For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Evertec Stock analysis
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.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |
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.