Pacer Financial Etf Performance
| AFTY Etf | USD 16.31 0.00 0.00% |
The etf holds a Beta of -0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pacer Financial are expected to decrease at a much lower rate. During the bear market, Pacer Financial is likely to outperform the market.
Risk-Adjusted Performance
27 of 100
Weak | Strong |
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Pacer Financial are ranked lower than 27 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain basic indicators, Pacer Financial showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | -0.32 |
Pacer |
Pacer Financial Relative Risk vs. Return Landscape
If you would invest 1,361 in Pacer Financial on September 19, 2024 and sell it today you would earn a total of 270.00 from holding Pacer Financial or generate 19.84% return on investment over 90 days. Pacer Financial is currently generating 1.0514% in daily expected returns and assumes 3.021% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of etfs are less volatile than Pacer, and 80% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Pacer Financial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Financial's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pacer Financial, and traders can use it to determine the average amount a Pacer Financial's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.348
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Estimated Market Risk
| 3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
| 1.05 actual daily | 20 80% 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 Fundamentals Growth
Pacer Etf prices reflect investors' perceptions of the future prospects and financial health of Pacer Financial, and Pacer Financial fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Pacer Etf performance.
| Price To Earning | 8.77 X | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 1.15 X | |||
| Total Asset | 5.59 M | |||
About Pacer Financial Performance
Evaluating Pacer Financial's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pacer Financial has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Pacer Financial has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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 is not yet fully synchronised with the market data | |
| Pacer Financial appears to be risky and price may revert if volatility continues | |
| The fund created three year return of -6.0% | |
| Pacer Financial holds 99.38% of its assets under management (AUM) in equities |
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.