EVERTEC, INC. (EVTC) Correlation Distribution
Across 6,809 rolling correlation observations between EVERTEC, INC. (EVTC) and other NASDAQ-listed stocks, 74.4% are positive and 25.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.269, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 7.3% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,809
- Mean correlation
- 0.269
- Most common range
- 0.5 to 0.6
- Positive pairs
- 74.4%
- Strong positive (≥0.7)
- 7.3%
- Sector
- Services-Computer Processing & Data Preparation
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 1 | 0.0% | |
| -0.8 to -0.7 | 0 | 0.0% | |
| -0.7 to -0.6 | 19 | 0.3% | |
| -0.6 to -0.5 | 18 | 0.3% | |
| -0.5 to -0.4 | 163 | 2.4% | |
| -0.4 to -0.3 | 163 | 2.4% | |
| -0.3 to -0.2 | 459 | 6.7% | |
| -0.2 to -0.1 | 459 | 6.7% | |
| -0.1 to 0.0 | 461 | 6.8% | |
| 0.0 to 0.1 | 461 | 6.8% | |
| 0.1 to 0.2 | 517 | 7.6% | |
| 0.2 to 0.3 | 517 | 7.6% | |
| 0.3 to 0.4 | 706 | 10.4% | |
| 0.4 to 0.5 | 706 | 10.4% | |
| 0.5 to 0.6 | 831 | 12.2% | |
| 0.6 to 0.7 | 830 | 12.2% | |
| 0.7 to 0.8 | 249 | 3.7% | |
| 0.8 to 0.9 | 249 | 3.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of EVTC?
EVERTEC, INC. (EVTC) has an average correlation of about 0.269 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is EVTC positively correlated with other stocks?
Mostly yes — 74.4% of pairs are positive and 25.6% are negative. Strong positive correlations (≥0.7) make up 7.3%.
What is the most common correlation range for EVTC?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 42.2% of all pairs.
Explore the full interactive correlation distribution for EVTC.
Open interactive dashboard →