Pacer BlueStar Financial Statements From 2010 to 2025
| ODDS Etf | USD 25.64 0.34 1.34% |
Check Pacer BlueStar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pacer BlueStar's main balance sheet or income statement drivers, such as , as well as many indicators such as . Pacer financial statements analysis is a perfect complement when working with Pacer BlueStar Valuation or Volatility modules.
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Pacer BlueStar Digital ETF One Year Return Analysis
Pacer BlueStar's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Pacer BlueStar One Year Return | 30.50 % |
Most of Pacer BlueStar's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pacer BlueStar Digital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Pacer BlueStar Digital has an One Year Return of 30.5%. This is much higher than that of the Pacer family and significantly higher than that of the Technology category. The one year return for all United States etfs is notably lower than that of the firm.
About Pacer BlueStar Financial Statements
Pacer BlueStar shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Pacer BlueStar investors may analyze each financial statement separately, they are all interrelated. The changes in Pacer BlueStar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Pacer BlueStar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund employs a passive management investment approach designed to track the total return performance of the index. Pacer Bluestar is traded on NASDAQ Exchange in the United States.
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Check out the analysis of Pacer BlueStar Correlation against competitors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Pacer BlueStar Digital 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 BlueStar's value that differs from its market value or its book value, called intrinsic value, which is Pacer BlueStar'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 BlueStar's market value can be influenced by many factors that don't directly affect Pacer BlueStar'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 BlueStar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer BlueStar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer BlueStar'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.