Pacer Financial Beta vs. Price To Sales
| RTL Etf | USD 7.40 0.07 0.95% |
For Pacer Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pacer Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pacer Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pacer Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pacer Financial over time as well as its relative position and ranking within its peers.
Pacer |
The market value of Pacer Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is Pacer Financial'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 Financial's market value can be influenced by many factors that don't directly affect Pacer Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Financial'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 Financial Price To Sales vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pacer Financial's current stock value. Our valuation model uses many indicators to compare Pacer Financial value to that of its competitors to determine the firm's financial worth. Pacer Financial is rated fourth largest ETF in beta as compared to similar ETFs. It is rated below average in price to sales as compared to similar ETFs fabricating about 1.65 of Price To Sales per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Pacer Financial 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 Price To Sales 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 Financial |
| = | 1.36 |
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Pacer Financial |
| = | 2.24 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Pacer Price To Sales Comparison
Pacer Financial is currently under evaluation in price to sales as compared to similar ETFs.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pacer Financial will likely underperform.
Pacer Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pacer Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pacer Financial will eventually generate negative long term returns. The profitability progress is the general direction of Pacer Financial's change in net profit over the period of time. It can combine multiple indicators of Pacer Financial, 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 Necessity Retail REIT is a publicly traded real estate investment trust listed on Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S. Necessity Retail is listed under REITDiversified in the United States and is traded on NASDAQ Exchange exchange.
Pacer Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pacer Financial. 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 Financial 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 Financial's important profitability drivers and their relationship over time.
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Use Pacer Financial in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pacer Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pacer Financial will appreciate offsetting losses from the drop in the long position's value.Pacer Financial Pair Trading
Pacer Financial Pair Trading Analysis
The ability to find closely correlated positions to Pacer Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pacer Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pacer Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pacer Financial to buy it.
The correlation of Pacer Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pacer Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pacer Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pacer Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Pacer Financial position
In addition to having Pacer Financial 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.Did You Try This Idea?
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To fully project Pacer Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pacer Financial 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 Financial's income statement, its balance sheet, and the statement of cash flows.