Pacer Funds Trust Etf Performance
| TRFK Etf | USD 51.24 0.91 1.81% |
The etf holds a Beta of 1.22, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pacer Funds will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Pacer Funds Trust are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite quite weak technical and fundamental indicators, Pacer Funds may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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Pacer |
Pacer Funds Relative Risk vs. Return Landscape
If you would invest 4,625 in Pacer Funds Trust on September 23, 2024 and sell it today you would earn a total of 499.00 from holding Pacer Funds Trust or generate 10.79% return on investment over 90 days. Pacer Funds Trust is currently generating 0.1682% in daily expected returns and assumes 1.4578% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of etfs are less volatile than Pacer, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Pacer Funds Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Funds' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pacer Funds Trust, and traders can use it to determine the average amount a Pacer Funds' 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 = 0.1154
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Pacer Funds is performing at about 9% 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 Funds by adding it to a well-diversified portfolio.
Pacer Funds Fundamentals Growth
Pacer Etf prices reflect investors' perceptions of the future prospects and financial health of Pacer Funds, and Pacer Funds 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.
| Total Asset | 824.12 K | |||
About Pacer Funds Performance
By examining Pacer Funds' fundamental ratios, stakeholders can obtain critical insights into Pacer Funds' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Pacer Funds is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund employs a passive management investment approach designed to track the total return performance, before fees and expenses, of the index. Pacer Data is traded on NYSEARCA Exchange in the United States.| Latest headline from zacks.com: Oracle Misses Q2 Earnings Estimates, Shares Drop ETFs in Focus | |
| The fund maintains 99.87% of its assets in stocks |
Check out World Market Map 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 census. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.