Pacer Trendpilot 100 Etf Performance
| PTNQ Etf | USD 75.82 0.48 0.64% |
The etf holds a Beta of 0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pacer Trendpilot's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacer Trendpilot is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Pacer Trendpilot 100 are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Even with relatively unsteady basic indicators, Pacer Trendpilot may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Investment Analysis and Advice - Stock Traders Daily | 10/23/2024 |
2 | Pacer Trendpilot 100 ETF Sees Large Decrease in Short Interest | 11/14/2024 |
Pacer |
Pacer Trendpilot Relative Risk vs. Return Landscape
If you would invest 7,095 in Pacer Trendpilot 100 on September 3, 2024 and sell it today you would earn a total of 487.00 from holding Pacer Trendpilot 100 or generate 6.86% return on investment over 90 days. Pacer Trendpilot 100 is currently generating 0.1053% in daily expected returns and assumes 0.5629% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Pacer, and 98% 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 Trendpilot Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Trendpilot's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pacer Trendpilot 100, and traders can use it to determine the average amount a Pacer Trendpilot's 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 = 0.1872
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Pacer Trendpilot is performing at about 14% 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 Trendpilot by adding it to a well-diversified portfolio.
Pacer Trendpilot Fundamentals Growth
Pacer Etf prices reflect investors' perceptions of the future prospects and financial health of Pacer Trendpilot, and Pacer Trendpilot 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.
| Price To Earning | 21.66 X | |||
| Price To Book | 4.70 X | |||
| Price To Sales | 2.89 X | |||
| Total Asset | 658.52 M | |||
About Pacer Trendpilot Performance
Assessing Pacer Trendpilot's fundamental ratios provides investors with valuable insights into Pacer Trendpilot's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Pacer Trendpilot is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its total assets in the component securities of the index. Pacer Trendpilot is traded on NASDAQ Exchange in the United States.| Latest headline from thelincolnianonline.com: Pacer Trendpilot 100 ETF Sees Large Decrease in Short Interest |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacer Trendpilot 100. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Pacer Trendpilot 100 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 Trendpilot's value that differs from its market value or its book value, called intrinsic value, which is Pacer Trendpilot'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 Trendpilot's market value can be influenced by many factors that don't directly affect Pacer Trendpilot'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 Trendpilot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Trendpilot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Trendpilot'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.