Pacer Funds Financials
| PSMD Etf | USD 29.07 0.07 0.24% |
Net Expense Ratio 0.006 |
Pacer |
The data published in Pacer Funds' official financial statements typically reflect Pacer Funds' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Pacer Funds' quantitative information. For example, before you start analyzing numbers published by Pacer accountants, it's essential to understand Pacer Funds' liquidity, profitability, and earnings quality within the context of the Pacer space in which it operates.
Please note, the presentation of Pacer Funds' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pacer Funds' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Pacer Funds' management manipulating its earnings.
Pacer Funds Etf Summary
Pacer Funds competes with First Trust, Innovator, and FT Cboe. The fund is an actively managed exchange-traded fund that, under normal market conditions, invests substantially all of its assets in FLexible EXchange Options that reference the market price of the SPDR SP 500 ETF Trust . Pacer Swan is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 69374H550 |
| Region | North America |
| Investment Issuer | Pacer Financial |
| Etf Family | Pacer |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Pacer Funds Key Financial Ratios
Pacer Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pacer Funds's current stock value. Our valuation model uses many indicators to compare Pacer Funds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pacer Funds competition to find correlations between indicators driving Pacer Funds's intrinsic value. More Info.Pacer Funds Trust is regarded third largest ETF in beta as compared to similar ETFs. It is regarded fourth largest ETF in one year return as compared to similar ETFs reporting about 28.57 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Pacer Funds by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Pacer Funds Trust Systematic Risk
Pacer Funds' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pacer Funds volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Pacer Funds Trust correlated with the market. If Beta is less than 0 Pacer Funds generally moves in the opposite direction as compared to the market. If Pacer Funds Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pacer Funds Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pacer Funds is generally in the same direction as the market. If Beta > 1 Pacer Funds moves generally in the same direction as, but more than the movement of the benchmark.
About Pacer Funds Financials
What exactly are Pacer Funds Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Pacer Funds' income statement, its balance sheet, and the statement of cash flows. Potential Pacer Funds investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Pacer Funds investors may use each financial statement separately, they are all related. The changes in Pacer Funds's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pacer Funds's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Pacer Funds Thematic Clasifications
Pacer Funds Trust is part of several thematic ideas from Size And Style ETFs to Large Cap ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasPacer Funds December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Pacer Funds help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pacer Funds Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pacer Funds Trust based on widely used predictive technical indicators. In general, we focus on analyzing Pacer Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pacer Funds's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2755 | |||
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 0.8335 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.3933 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacer Funds Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of Pacer Funds Trust 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 Funds' value that differs from its market value or its book value, called intrinsic value, which is Pacer Funds' 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 Funds' market value can be influenced by many factors that don't directly affect Pacer Funds' 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 Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Funds' 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.