Pacer Pacific Beta vs. One Year Return

FLRT Etf  USD 47.51  0.02  0.04%   
Based on the measurements of profitability obtained from Pacer Pacific's financial statements, Pacer Pacific Asset may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in April. Profitability indicators assess Pacer Pacific's ability to earn profits and add value for shareholders.
For Pacer Pacific profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pacer Pacific to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pacer Pacific Asset utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pacer Pacific's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pacer Pacific Asset over time as well as its relative position and ranking within its peers.
  
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The market value of Pacer Pacific Asset 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 Pacific's value that differs from its market value or its book value, called intrinsic value, which is Pacer Pacific'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 Pacific's market value can be influenced by many factors that don't directly affect Pacer Pacific'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 Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Pacific'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 Pacific Asset One Year Return vs. Beta Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Pacer Pacific's current stock value. Our valuation model uses many indicators to compare Pacer Pacific value to that of its competitors to determine the firm's financial worth.
Pacer Pacific Asset is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about  28.67  of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Pacer Pacific by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Pacer One Year Return vs. Beta

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.

Pacer Pacific

Beta

 = 

Covariance

Variance

 = 
0.3
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.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

Pacer Pacific

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
8.60 %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Pacer One Year Return Comparison

Pacer Pacific is currently under evaluation in one year return as compared to similar ETFs.

Beta Analysis

As returns on the market increase, Pacer Pacific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacer Pacific is expected to be smaller as well.

Pacer Pacific Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Pacer Pacific, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pacer Pacific will eventually generate negative long term returns. The profitability progress is the general direction of Pacer Pacific's change in net profit over the period of time. It can combine multiple indicators of Pacer Pacific, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund seeks to achieve its investment objective by selecting a focused portfolio comprised primarily of income-producing adjustable rate securities. Advisorshares Pacific is traded on NYSEARCA Exchange in the United States.

Pacer Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Pacer Pacific. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Pacer Pacific position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Pacer Pacific's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Pacer Pacific without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Pacer Pacific position

In addition to having Pacer Pacific in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Treasury ETFs theme has 125 constituents at this time.
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When determining whether Pacer Pacific Asset is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Pacer Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pacer Pacific Asset Etf. Highlighted below are key reports to facilitate an investment decision about Pacer Pacific Asset Etf:
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You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
To fully project Pacer Pacific's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pacer Pacific Asset at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Pacer Pacific's income statement, its balance sheet, and the statement of cash flows.
Potential Pacer Pacific investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Pacer Pacific investors may work on each financial statement separately, they are all related. The changes in Pacer Pacific's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pacer Pacific's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.