This document summarizes a study that analyzed three major evolutionary signals in protein sequences: conservation, specificity determining positions (SDPs), and coevolution between residues. These signals result from different evolutionary mechanisms and have been used by bioinformatics methods to predict functionally important sites. The study evaluated several methods for predicting conserved residues, SDPs, and coevolving positions using a dataset of 434 protein families. It found that the methods capture different information and identify different top-scoring residues. Conservation and mutual information scores performed best at detecting catalytic residues, but combining scores could improve predictions. SDP prediction remains challenging due to limited data and methods detecting conserved residues may miss SDPs until more sequences are available.