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Evertec (Evertec) Momentum Rank : 8 (As of May. 14, 2024)


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What is Evertec Momentum Rank?

Evertec has the Momentum Rank of 8.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Evertec's Momentum Rank

For the Software - Infrastructure subindustry, Evertec's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Evertec's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Evertec's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Evertec's Momentum Rank falls into.



Evertec Momentum Rank Related Terms

Thank you for viewing the detailed overview of Evertec's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Evertec (Evertec) Business Description

Traded in Other Exchanges
Address
Cupey Center Building, Road 176, Kilometer 1.3, San Juan, PRI, 00926
Evertec Inc is a transaction processing business in Latin America and the Caribbean. Its business segments are Merchant Acquiring, Payment Services - Puerto Rico & Caribbean, Payment Services - Latin America, and Business Solutions. The company serves a diversified customer base of financial institutions, merchants, corporations and government agencies with mission-critical technology solutions that enable them to issue, process and accept transactions securely. The company derives revenue based on transaction or discount fees or fees based on the number of accounts on file.
Executives
Diego Viglianco officer: EVP & Chief Operating Officer PO BOX 364527, SAN JUAN PR 00936
Paola Perez-surillo officer: Senior Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Virginia Gambale director C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Joaquin A. Castrillo-salgado officer: Vice President of Finance PO BOX 364527, SAN JUAN PR 00936-4527
Luis A Rodriguez-gonzalez officer: General Counsel & Secretary PO BOX 364527, SAN JUAN PR 00936-4527
Morgan M Schuessler director, officer: President & CEO PO BOX 364527, SAN JUAN PR 00936-4527
Popular Inc 10 percent owner P.O. BOX 362708, SAN JUAN PR 00936-2708
Guillermo Rospigliosi officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Castillo Rodrigo Del officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Kelly Hefner Barrett director 4630 WYNMEADE PARK, MARIETTA GA 30067
Philip E. Steurer officer: Chief Operating Officer PO BOX 364527, SAN JUAN PR 00936-4527
Miguel Vizcarrondo officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Frank D. D'angelo director PO BOX 364527, SAN JUAN PR 00936-4527
Carlos J. Ramirez officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Ivan Pagan director PO BOX 364527, SAN JUAN PR 00936-4527

Evertec (Evertec) Headlines

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