Pacer Cash Financial Statements From 2010 to 2025
| HERD Etf | USD 38.93 0.22 0.57% |
Check Pacer Cash financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pacer Cash'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 Cash Valuation or Volatility modules.
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Pacer Cash Cows ETF Beta Analysis
Pacer Cash'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 Cash Beta | 1.02 |
Most of Pacer Cash'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 Cash Cows 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.
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In accordance with the recently published financial statements, Pacer Cash Cows has a Beta of 1.02. This is much higher than that of the Pacer family and significantly higher than that of the Global Large-Stock Value category. The beta for all United States etfs is notably lower than that of the firm.
About Pacer Cash Financial Statements
Pacer Cash stakeholders use historical fundamental indicators, such as Pacer Cash's revenue or net income, to determine how well the company is positioned to perform in the future. Although Pacer Cash investors may analyze each financial statement separately, they are all interrelated. For example, changes in Pacer Cash's assets and liabilities are reflected in the revenues and expenses on Pacer Cash's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Pacer Cash Cows. Please read more on our technical analysis and fundamental analysis pages.
The index is based on a proprietary methodology developed and maintained by Index Design Group, an affiliate of Pacer Advisors, Inc., the funds investment adviser. Pacer Cash is traded on NASDAQ Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Pacer Cash Cows 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 Cash Cows Etf. Highlighted below are key reports to facilitate an investment decision about Pacer Cash Cows Etf:Check out the analysis of Pacer Cash Correlation against competitors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Pacer Cash Cows 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 Cash's value that differs from its market value or its book value, called intrinsic value, which is Pacer Cash'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 Cash's market value can be influenced by many factors that don't directly affect Pacer Cash'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 Cash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Cash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Cash'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.