Pacer Financial Etf Profile
Pacer Financial is selling for under 40.03 as of the 17th of December 2024; that is No Change since the beginning of the trading day. The etf's lowest day price was 40.03. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Pacer Etf Highlights
| Old Name | Pacer BioThreat Strategy ETF |
| Business Concentration | Large Blend, Pacer (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 24.7 |
| Name | Pacer BioThreat Strategy ETF |
| Currency Code | USD |
| Open Figi | BBG00VP23V43 |
| In Threey Volatility | 17.35 |
| 1y Volatility | 13.37 |
| 200 Day M A | 36.281 |
| 50 Day M A | 38.9482 |
| Code | VIRS |
| Updated At | 13th of October 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.33 |
| Type | ETF |
Pacer Financial [VIRS] is traded in USA and was established 2020-06-24. The fund is listed under Large Blend category and is part of Pacer family. Pacer Financial at this time have 3.78 M in net assets. , while the total return for the last 3 years was 8.5%.
Check Pacer Financial Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pacer Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pacer Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pacer Financial Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Pacer Financial Etf Constituents
| ABT | Abbott Laboratories | Stock | Health Care | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| CVS | CVS Health Corp | Stock | Health Care | |
| DHR | Danaher | Stock | Health Care | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| LOW | Lowes Companies | Stock | Consumer Discretionary | |
| MRK | Merck Company | Stock | Health Care |
Pacer Financial Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pacer Financial. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.5536 | |||
| Semi Deviation | 0.5615 | |||
| Standard Deviation | 0.7484 | |||
| Variance | 0.5601 |
Pacer Financial Against Markets
Pacer Financial Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pacer Financial etf to make a market-neutral strategy. Peer analysis of Pacer Financial could also be used in its relative valuation, which is a method of valuing Pacer Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Pacer Financial is measured differently than its book value, which is the value of Pacer that is recorded on the company's balance sheet. Investors also form their own opinion of Pacer Financial's value that differs from its market value or its book value, called intrinsic value, which is Pacer Financial'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 Pacer Financial's market value can be influenced by many factors that don't directly affect Pacer Financial'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 Pacer Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Financial'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.