Evertec Risk Analysis And Volatility

EVTC -- USA Stock  

Fiscal Quarter End: December 31, 2019  

Macroaxis considers Evertec to be not too volatile. Evertec secures Sharpe Ratio (or Efficiency) of -0.03 which denotes the organization had -0.03% of return per unit of risk over the last 3 months. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Evertec exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Evertec Coefficient Of Variation of (2,129) and Mean Deviation of 1.28 to check risk estimate we provide.
Interest Expense

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Below average

90 Days Economic Sensitivity

Responds to market
Horizon     30 Days    Login   to change

Evertec Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Evertec will likely underperform.
3 Months Beta |Analyze Evertec Demand Trend
Check current 30 days Evertec correlation with market (DOW)
β = 1.278

Evertec Central Daily Price Deviation

Evertec Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Evertec Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Evertec Projected Return Density Against Market

Given the investment horizon of 30 days, the stock has beta coefficient of 1.278 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Evertec will likely underperform. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Evertec is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Evertec is -3332.92. The daily returns are destributed with a variance of 2.65 and standard deviation of 1.63. The mean deviation of Evertec is currently at 1.27. For similar time horizon, the selected benchmark (DOW) has volatility of 0.6
α
Alpha over DOW
=0.14
β
Beta against DOW=1.28
σ
Overall volatility
=1.63
Ir
Information ratio =0.08

Evertec Return Volatility

the company inherits 1.6278% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.6048% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Evertec Investment Opportunity

Evertec has a volatility of 1.63 and is 2.72 times more volatile than DOW. 14  of all equities and portfolios are less risky than Evertec. Compared to the overall equity markets, volatility of historical daily returns of Evertec is lower than 14 () of all global equities and portfolios over the last 30 days. Use Evertec to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Evertec to be traded at $34.82 in 30 days. . As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Evertec will likely underperform.

Evertec correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Evertec Inc and equity matching DJI index in the same portfolio.

Evertec Current Risk Indicators

Evertec Suggested Diversification Pairs

Additionally see Investing Opportunities. Please also try 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.
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