Pacer Pacific Financial Statements From 2010 to 2026
| FLRT Etf | USD 47.18 0.04 0.08% |
Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=9.0E-5} |
Check Pacer Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pacer Pacific's main balance sheet or income statement drivers, such as , as well as many indicators such as . Pacer financial statements analysis is a perfect complement when working with Pacer Pacific Valuation or Volatility modules.
This module can also supplement various Pacer Pacific Technical models . Check out the analysis of Pacer Pacific Correlation against competitors. Pacer Pacific Asset ETF Beta Analysis
Pacer Pacific's 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.
Current Pacer Pacific Beta | 0.16 |
Most of Pacer Pacific's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pacer Pacific Asset is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, Pacer Pacific Asset has a Beta of 0.16. This is much higher than that of the Pacer family and significantly higher than that of the Bank Loan category. The beta for all United States etfs is notably lower than that of the firm.
About Pacer Pacific Financial Statements
Pacer Pacific shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Pacer Pacific investors may analyze each financial statement separately, they are all interrelated. The changes in Pacer Pacific's assets and liabilities, for example, are also reflected in the revenues and expenses on on Pacer Pacific's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
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.
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Check out the analysis of Pacer Pacific Correlation against competitors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.