Pacer Financial Etf Price on April 21, 2024
| AFTY Etf | USD 16.31 0.00 0.00% |
If you're considering investing in Pacer Etf, it is important to understand the factors that can impact its price. As of today, the current price of Pacer Financial stands at 16.31, as last reported on the 19th of December, with the highest price reaching 16.31 and the lowest price hitting 16.31 during the day. Pacer Financial is not too volatile given 3 months investment horizon. Pacer Financial maintains Sharpe Ratio (i.e., Efficiency) of 0.35, which implies the entity had a 0.35% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Pacer Financial Risk Adjusted Performance of 0.1075, semi deviation of 0.5361, and Coefficient Of Variation of 779.69 to evaluate company specific risk that cannot be diversified away.
Pacer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Pacer |
Sharpe Ratio = 0.3511
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Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 1.09 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average Pacer Financial is performing at about 27% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pacer Financial by adding it to a well-diversified portfolio.
Pacer Financial Valuation on April 21, 2024
It is possible to determine the worth of Pacer Financial on a given historical date. On April 21, 2024 Pacer was worth 14.1 at the beginning of the trading date compared to the closed value of 14.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pacer Financial etf. Still, in general, we apply an absolute valuation method to find Pacer Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pacer Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pacer Financial's related companies.
| Open | High | Low | Close | Volume | |
| 14.19 | 14.19 | 14.19 | 14.19 | 100.00 | |
04/19/2024 | 14.10 | 14.11 | 14.03 | 14.11 | 3,000 |
| 14.07 | 14.10 | 14.07 | 14.10 | 300.00 |
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Pacer Financial Trading Date Momentum on April 21, 2024
| On April 22 2024 Pacer Financial was traded for 14.10 at the closing time. The top price for the day was 14.10 and the lowest listed price was 14.07 . The trading volume for the day was 300. The trading history from April 22, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.07% . The trading delta at closing time against the current closing price is 2.27% . |
Pacer Financial Fundamentals Correlations and Trends
By evaluating Pacer Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pacer Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pacer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pacer Financial Etf history
Pacer Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pacer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pacer Financial will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pacer Financial stock prices may prove useful in developing a viable investing in Pacer Financial
The fund employs a passive management investment approach designed to track the total return performance, before fees and expenses, of the index. CSOP FTSE is traded on NYSEARCA Exchange in the United States.
Pacer Financial Etf Technical Analysis
Pacer Financial technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Pacer Financial Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
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Pacer Financial December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Pacer Financial etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pacer Financial shares will generate the highest return on investment. By undertsting and applying Pacer Financial etf market strength indicators, traders can identify Pacer Financial entry and exit signals to maximize returns
Pacer Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pacer Financial's price direction in advance. Along with the technical and fundamental analysis of Pacer Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pacer to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1075 | |||
| Jensen Alpha | 0.2145 | |||
| Total Risk Alpha | 0.1744 | |||
| Sortino Ratio | 0.2543 | |||
| Treynor Ratio | 1.66 |
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Check out Trending Equities 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 estimate. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.