Pacer Funds Trust Etf Performance
| EAFG Etf | 19.84 0.33 1.69% |
The etf holds a Beta of 0.6, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pacer Funds' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacer Funds is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Pacer Funds Trust has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Pacer Funds is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Pacer Developed Markets Cash Cows Growth Leaders ETF To Go Ex-Dividend on September 26th - Defense World | 09/27/2024 |
Pacer |
Pacer Funds Relative Risk vs. Return Landscape
If you would invest 2,003 in Pacer Funds Trust on September 1, 2024 and sell it today you would lose (19.00) from holding Pacer Funds Trust or give up 0.95% of portfolio value over 90 days. Pacer Funds Trust is currently does not generate positive expected returns and assumes 0.8316% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Pacer, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
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 = -0.0138
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EAFG |
Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pacer Funds is not performing at its full potential. However, 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 Pacer Funds to a well-diversified portfolio.
About Pacer Funds Performance
By analyzing Pacer Funds' fundamental ratios, stakeholders can gain valuable insights into Pacer Funds' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Pacer Funds 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 Funds has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Pacer Funds is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Pacer Funds Trust generated a negative expected return over the last 90 days |
Check out Investing Opportunities 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.