Evertec Accumulated Other Comprehensive Income from 2010 to 2024

EVTC Stock  USD 37.79  0.60  1.61%   
Evertec's Accumulated Other Comprehensive Income is decreasing over the years with stable fluctuation. Overall, Accumulated Other Comprehensive Income is expected to go to about 19.1 M this year. Accumulated Other Comprehensive Income is gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized. View All Fundamentals
 
Accumulated Other Comprehensive Income  
First Reported
2012-12-31
Previous Quarter
-3.4 M
Current Value
18.2 M
Quarterly Volatility
18.3 M
 
Yuan Drop
 
Covid
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.
  
This module can also supplement Evertec's financial leverage analysis and stock options assessment as well as various Evertec Technical models . 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.

Latest Evertec's Accumulated Other Comprehensive Income Growth Pattern

Below is the plot of the Accumulated Other Comprehensive Income of Evertec over the last few years. It is gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized. Evertec's Accumulated Other Comprehensive Income 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.
Accumulated Other Comprehensive Income10 Years Trend
Pretty Stable
   Accumulated Other Comprehensive Income   
       Timeline  

Evertec Accumulated Other Comprehensive Income Regression Statistics

Arithmetic Mean(11,315,170)
Geometric Mean8,060,666
Coefficient Of Variation(175.72)
Mean Deviation14,821,464
Median(7,582,000)
Standard Deviation19,883,132
Sample Variance395.3T
Range67.4M
R-Value(0.16)
Mean Square Error415.4T
R-Squared0.02
Significance0.58
Slope(691,571)
Total Sum of Squares5534.7T

Evertec Accumulated Other Comprehensive Income History

202419.1 M
202318.2 M
2022-16.5 M
2021-48.1 M
2020-48.3 M
2019-30 M
2018-23.8 M

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 Accumulated Other Comprehensive Income, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income18.2 M19.1 M

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

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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.
Pair CorrelationCorrelation Matching
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 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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.