Evertec Probability of Target Price Finishing Over 31.97

EVTC -- USA Stock  

Quarterly Earning Report: October 30, 2019  

Evertec probability of target price tool provides mechanism to make assumptions about upside and downside potential of Evertec performance during a given time horizon utilizing its historical volatility. Please specify Evertec time horizon, a valid symbol (red box) and a target price (blue box) you would like Evertec odds to be computed. Additionally see Evertec Backtesting, Evertec Valuation, Evertec Correlation, Evertec Hype Analysis, Evertec Volatility, Evertec History as well as Evertec Performance.
Horizon     30 Days    Login   to change
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Evertec Target Price Odds to finish over 31.97

Current PriceHorizonTarget PriceOdds to move over $ 31.97  or more in 30 days
 31.44 30 days 31.97 
about 77.72
Based on normal probability distribution, the odds of Evertec to move over $ 31.97  or more in 30 days from now is about 77.72 (This Evertec probability density function shows the probability of Evertec Stock to fall within a particular range of prices over 30 days) . Probability of Evertec price to stay between its current price of $ 31.44  and $ 31.97  at the end of the 30-day period is about 8.19 .
Given the investment horizon of 30 days, Evertec has beta of 0.7736 suggesting as returns on market go up, Evertec average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Evertec will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Evertec is significantly underperforming DOW.
 Evertec Price Density 
      Price 
α
Alpha over DOW
=0.04
β
Beta against DOW=0.77
σ
Overall volatility
=1.69
Ir
Information ratio =0.01

Evertec Alerts and Suggestions

Evertec generates negative expected return over the last 30 days
Evertec has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 86.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Evertec exotic insider transaction detected

EvertecPrice Density Drivers

Shares Percent Shares Out2.00%
Trailing Annual Dividend Rate0.20
Short Percent Of Float2.80%
Float Shares69.63M
Shares Short Prior Month1.39M
Average Daily Volume Last 10 Day237.37k
Average Daily Volume In Three Month383.89k
Date Short InterestSeptember 30, 2019
Trailing Annual Dividend Yield0.64%
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