Pacer Financial Etf Probability Of Bankruptcy
Pacer Financial's risk of distress is under 9% at this time. It has tiny likelihood of undergoing some form of financial straits in the near future. Probability of financial unrest prediction helps decision makers evaluate Pacer Financial's chance of financial distress in relation to its going-concern outlook and evaluation. Check out World Market Map 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 bureau of economic analysis.
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Pacer Financial ETF probability of financial unrest Analysis
Pacer Financial's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Pacer Financial Probability Of Bankruptcy | Less than 9% |
Most of Pacer Financial's fundamental indicators, such as Probability Of Bankruptcy, 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 Financial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Pacer Financial probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Pacer Financial odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Pacer Financial financial health.
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.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
CompetitionBased on the latest financial disclosure, Pacer Financial has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the Pacer family and significantly higher than that of the Large Blend category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.
Pacer Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pacer Financial's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Pacer Financial could also be used in its relative valuation, which is a method of valuing Pacer Financial by comparing valuation metrics of similar companies.Pacer Financial is rated fifth largest ETF in probability of bankruptcy as compared to similar ETFs.
Pacer Fundamentals
| Return On Asset | 5.77 | |||
| Profit Margin | 13.62 % | |||
| Operating Margin | 19.51 % | |||
| Current Valuation | 3.42 B | |||
| Shares Outstanding | 840.3 M | |||
| Shares Owned By Insiders | 4.92 % | |||
| Shares Owned By Institutions | 7.30 % | |||
| Number Of Shares Shorted | 1.23 M | |||
| Price To Earning | 4.16 X | |||
| Price To Book | 0.49 X | |||
| Price To Sales | 0.57 X | |||
| Revenue | 8.02 B | |||
| Gross Profit | 1.79 B | |||
| EBITDA | 2.02 B | |||
| Net Income | 1.09 B | |||
| Cash And Equivalents | 4.76 B | |||
| Cash Per Share | 5.66 X | |||
| Total Debt | 3.64 B | |||
| Debt To Equity | 0.30 % | |||
| Current Ratio | 2.61 X | |||
| Cash Flow From Operations | 1.32 B | |||
| Short Ratio | 2.20 X | |||
| Earnings Per Share | 1.30 X | |||
| Price To Earnings To Growth | 0.26 X | |||
| Number Of Employees | 13.47 K | |||
| Beta | 2.05 | |||
| Market Capitalization | 4.55 B | |||
| Total Asset | 11.67 M | |||
| Retained Earnings | 5.54 B | |||
| Working Capital | 5.63 B | |||
| Current Asset | 8.91 B | |||
| Current Liabilities | 3.28 B | |||
| Z Score | 0.6 | |||
| One Year Return | 67.62 % | |||
| Three Year Return | 22.07 % | |||
| Net Asset | 11.67 M | |||
| Last Dividend Paid | 0.3 | |||
| Equity Positions Weight | 99.74 % |
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Check out World Market Map 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 bureau of economic analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Tools for Pacer Etf
When running Pacer Financial's price analysis, check to measure Pacer Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pacer Financial is operating at the current time. Most of Pacer Financial's value examination focuses on studying past and present price action to predict the probability of Pacer Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacer Financial's price. Additionally, you may evaluate how the addition of Pacer Financial to your portfolios can decrease your overall portfolio volatility.
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