Pacer Nasdaq Financial Statements From 2010 to 2025
| PATN Etf | 19.97 0.09 0.45% |
Check Pacer Nasdaq financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pacer Nasdaq'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 Nasdaq Valuation or Volatility modules.
Pacer |
About Pacer Nasdaq Financial Statements
Pacer Nasdaq investors utilize fundamental indicators, such as revenue or net income, to predict how Pacer Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pacer Nasdaq is entity of United States. It is traded as Etf on NASDAQ exchange.
Pair Trading with Pacer Nasdaq
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 Nasdaq 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 Nasdaq will appreciate offsetting losses from the drop in the long position's value.Moving together with Pacer Etf
| 0.82 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.87 | IEFA | iShares Core MSCI | PairCorr |
| 0.86 | VEU | Vanguard FTSE All | PairCorr |
| 0.87 | EFA | iShares MSCI EAFE Aggressive Push | PairCorr |
| 0.85 | IXUS | iShares Core MSCI | PairCorr |
Moving against Pacer Etf
| 0.69 | GBTC | Grayscale Bitcoin Trust | PairCorr |
| 0.57 | YCS | ProShares UltraShort Yen | PairCorr |
| 0.51 | MLPR | ETRACS Quarterly Pay | PairCorr |
| 0.46 | TBT | ProShares UltraShort | PairCorr |
The ability to find closely correlated positions to Pacer Nasdaq 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 Nasdaq 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 Nasdaq - 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 Nasdaq International to buy it.
The correlation of Pacer Nasdaq 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 Nasdaq moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pacer Nasdaq Interna 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 Nasdaq 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.Check out the analysis of Pacer Nasdaq Correlation against competitors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Pacer Nasdaq Interna 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 Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Pacer Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect Pacer Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Nasdaq'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.