Pacer American Financial Statements From 2010 to 2024
| USAI Etf | USD 41.87 0.52 1.26% |
Check Pacer American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pacer American'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 American Valuation or Volatility modules.
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Pacer American Energy ETF Beta Analysis
Pacer American's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Pacer American Beta | 0.86 |
Most of Pacer American's fundamental indicators, such as Beta, 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 American Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Pacer American Energy has a Beta of 0.86. This is much higher than that of the Pacer family and significantly higher than that of the Energy Limited Partnership category. The beta for all United States etfs is notably lower than that of the firm.
About Pacer American Financial Statements
Investors use fundamental indicators, such as Pacer American's revenue or net income, to determine how well the company is positioned to perform in the future. Although Pacer American's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and depositary receipts representing foreign securities. American Energy is traded on NYSEARCA Exchange in the United States.
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When determining whether Pacer American Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pacer American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pacer American Energy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Pacer American Energy Etf:Check out the analysis of Pacer American Correlation against competitors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Pacer American Energy 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 American's value that differs from its market value or its book value, called intrinsic value, which is Pacer American'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 American's market value can be influenced by many factors that don't directly affect Pacer American'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 American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer American'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.