Pacer Benchmark Industrial Etf Market Value

INDS Etf  USD 36.68  0.59  1.63%   
Pacer Benchmark's market value is the price at which a share of Pacer Benchmark trades on a public exchange. It measures the collective expectations of Pacer Benchmark Industrial investors about its performance. Pacer Benchmark is selling for under 36.68 as of the 14th of March 2025; that is 1.63% increase since the beginning of the trading day. The etf's lowest day price was 36.19.
With this module, you can estimate the performance of a buy and hold strategy of Pacer Benchmark Industrial and determine expected loss or profit from investing in Pacer Benchmark over a given investment horizon. Check out Pacer Benchmark Correlation, Pacer Benchmark Volatility and Pacer Benchmark Alpha and Beta module to complement your research on Pacer Benchmark.
Symbol

The market value of Pacer Benchmark Indu 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 Benchmark's value that differs from its market value or its book value, called intrinsic value, which is Pacer Benchmark'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 Benchmark's market value can be influenced by many factors that don't directly affect Pacer Benchmark'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 Benchmark's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Benchmark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Benchmark'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.

Pacer Benchmark 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pacer Benchmark's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pacer Benchmark.
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12/14/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/14/2025
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If you would invest  0.00  in Pacer Benchmark on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Pacer Benchmark Industrial or generate 0.0% return on investment in Pacer Benchmark over 90 days. Pacer Benchmark is related to or competes with Pacer Benchmark, US Diversified, and Nuveen Short. The index was developed by Kelly Benchmark Indexes, and measures the performance of the industrial real estate sector of... More

Pacer Benchmark Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pacer Benchmark's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pacer Benchmark Industrial upside and downside potential and time the market with a certain degree of confidence.

Pacer Benchmark Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Benchmark's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacer Benchmark's standard deviation. In reality, there are many statistical measures that can use Pacer Benchmark historical prices to predict the future Pacer Benchmark's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pacer Benchmark's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
34.8836.0937.30
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Intrinsic
Valuation
LowRealHigh
34.8936.1037.31
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Pacer Benchmark Indu Backtested Returns

Currently, Pacer Benchmark Industrial is very steady. Pacer Benchmark Indu maintains Sharpe Ratio (i.e., Efficiency) of 0.0127, which implies the entity had a 0.0127 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Pacer Benchmark Indu, which you can use to evaluate the volatility of the etf. Please check Pacer Benchmark's Coefficient Of Variation of (2,107), variance of 1.38, and Risk Adjusted Performance of (0.04) to confirm if the risk estimate we provide is consistent with the expected return of 0.0155%. The etf holds a Beta of 0.57, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pacer Benchmark's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacer Benchmark is expected to be smaller as well.

Auto-correlation

    
  0.34  

Below average predictability

Pacer Benchmark Industrial has below average predictability. Overlapping area represents the amount of predictability between Pacer Benchmark time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pacer Benchmark Indu price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Pacer Benchmark price fluctuation can be explain by its past prices.
Correlation Coefficient0.34
Spearman Rank Test0.28
Residual Average0.0
Price Variance0.21

Pacer Benchmark Indu lagged returns against current returns

Autocorrelation, which is Pacer Benchmark etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pacer Benchmark's etf expected returns. We can calculate the autocorrelation of Pacer Benchmark returns to help us make a trade decision. For example, suppose you find that Pacer Benchmark has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Pacer Benchmark regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pacer Benchmark etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacer Benchmark etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacer Benchmark etf over time.
   Current vs Lagged Prices   
       Timeline  

Pacer Benchmark Lagged Returns

When evaluating Pacer Benchmark's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacer Benchmark etf have on its future price. Pacer Benchmark autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pacer Benchmark autocorrelation shows the relationship between Pacer Benchmark etf current value and its past values and can show if there is a momentum factor associated with investing in Pacer Benchmark Industrial.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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When determining whether Pacer Benchmark Indu is a strong investment it is important to analyze Pacer Benchmark's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pacer Benchmark's future performance. For an informed investment choice regarding Pacer Etf, refer to the following important reports:
Check out Pacer Benchmark Correlation, Pacer Benchmark Volatility and Pacer Benchmark Alpha and Beta module to complement your research on Pacer Benchmark.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Pacer Benchmark 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.
A focus of Pacer Benchmark technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pacer Benchmark trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...