Pacer Lunt Financial Statements From 2010 to 2024
PALC Etf | USD 51.96 0.49 0.95% |
Check Pacer Lunt financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pacer Lunt'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 Lunt Valuation or Volatility modules.
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Pacer Lunt Large ETF Price To Book Analysis
Pacer Lunt's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Pacer Lunt Price To Book | 1.62 X |
Most of Pacer Lunt's fundamental indicators, such as Price To Book, 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 Lunt Large is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Pacer Lunt Large has a Price To Book of 1.62 times. This is much higher than that of the Pacer family and significantly higher than that of the Large Blend category. The price to book for all United States etfs is notably lower than that of the firm.
Pacer Lunt Large Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pacer Lunt's current stock value. Our valuation model uses many indicators to compare Pacer Lunt value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pacer Lunt competition to find correlations between indicators driving Pacer Lunt's intrinsic value. More Info.Pacer Lunt Large is regarded second largest ETF in price to book as compared to similar ETFs. It also is regarded second largest ETF in beta as compared to similar ETFs totaling about 0.59 of Beta per Price To Book. The ratio of Price To Book to Beta for Pacer Lunt Large is roughly 1.71 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pacer Lunt's earnings, one of the primary drivers of an investment's value.About Pacer Lunt Financial Statements
Pacer Lunt stakeholders use historical fundamental indicators, such as Pacer Lunt's revenue or net income, to determine how well the company is positioned to perform in the future. Although Pacer Lunt investors may analyze each financial statement separately, they are all interrelated. For example, changes in Pacer Lunt's assets and liabilities are reflected in the revenues and expenses on Pacer Lunt'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 Lunt Large. Please read more on our technical analysis and fundamental analysis pages.
The index uses an objective, rules-based methodology to provide exposure to large-capitalization U.S. companies. Pacer Large is traded on NYSEARCA 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 Lunt Large offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pacer Lunt's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pacer Lunt Large Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Pacer Lunt Large Etf:Check out the analysis of Pacer Lunt Correlation against competitors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Pacer Lunt Large 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 Lunt's value that differs from its market value or its book value, called intrinsic value, which is Pacer Lunt'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 Lunt's market value can be influenced by many factors that don't directly affect Pacer Lunt'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 Lunt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Lunt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Lunt'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.