Pacer American Energy Etf Fundamentals
| USAI Etf | USD 40.94 0.93 2.22% |
Pacer American Energy fundamentals help investors to digest information that contributes to Pacer American's financial success or failures. It also enables traders to predict the movement of Pacer Etf. The fundamental analysis module provides a way to measure Pacer American's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pacer American etf.
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Pacer American Energy ETF Beta Analysis
Pacer American's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Pacer American Beta | 0.86 |
Most of Pacer American's fundamental indicators, such as Beta, 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 American Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Pacer American Energy has a Beta of 0.86. This is much higher than that of the Pacer family and significantly higher than that of the Energy Limited Partnership category. The beta for all United States etfs is notably lower than that of the firm.
Pacer Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pacer American's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Pacer American could also be used in its relative valuation, which is a method of valuing Pacer American by comparing valuation metrics of similar companies.Pacer American is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for Pacer American
The fund invests 99.62% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Pacer American's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Pacer American returns are very sensitive to returns on the market. As the market goes up or down, Pacer American is expected to follow.
Pacer Fundamentals
| Number Of Employees | 602 | |||
| Beta | 0.86 | |||
| Total Asset | 41.14 M | |||
| One Year Return | 50.20 % | |||
| Three Year Return | 27.90 % | |||
| Five Year Return | 21.30 % | |||
| Net Asset | 41.14 M | |||
| Last Dividend Paid | 0.12 | |||
| Equity Positions Weight | 99.62 % |
About Pacer American Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pacer American Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pacer American using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pacer American Energy based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and depositary receipts representing foreign securities. American Energy is traded on NYSEARCA Exchange in the United States.
Currently Active Assets on Macroaxis
When determining whether Pacer American Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pacer American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pacer American Energy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Pacer American Energy Etf:Check out Pacer American Piotroski F Score and Pacer American Altman Z Score analysis. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Pacer American Energy 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 American's value that differs from its market value or its book value, called intrinsic value, which is Pacer American'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 American's market value can be influenced by many factors that don't directly affect Pacer American'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 American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer American'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.