Pacer Trendpilot Financials
| PTBD Etf | USD 20.18 0.09 0.44% |
Net Expense Ratio 0.006 | 3 y Sharp Ratio (0.85) |
Pacer |
The data published in Pacer Trendpilot's official financial statements typically reflect Pacer Trendpilot's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Pacer Trendpilot's quantitative information. For example, before you start analyzing numbers published by Pacer accountants, it's essential to understand Pacer Trendpilot's liquidity, profitability, and earnings quality within the context of the Pacer space in which it operates.
Please note, the presentation of Pacer Trendpilot's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pacer Trendpilot's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Pacer Trendpilot's management manipulating its earnings.
Pacer Trendpilot Etf Summary
Pacer Trendpilot competes with Senstar Technologies, ImmuCell, Anika Therapeutics, Morningstar Unconstrained, and High-yield Municipal. The index uses an objective, rules-based methodology to implement a systematic trend-following strategy that directs exposure to one of the following positions 100 percent to the SP U.S. Pacer Trendpilot is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US69374H6421 |
| CUSIP | 69374H642 |
| Region | North America |
| Investment Issuer | Pacer Financial |
| Etf Family | Pacer |
| Fund Category | Broad Debt |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Pacer Trendpilot Key Financial Ratios
Pacer Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pacer Trendpilot's current stock value. Our valuation model uses many indicators to compare Pacer Trendpilot value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pacer Trendpilot competition to find correlations between indicators driving Pacer Trendpilot's intrinsic value. More Info.Pacer Trendpilot Bond is regarded third largest ETF in beta as compared to similar ETFs. It is rated number one ETF in one year return as compared to similar ETFs reporting about 9.89 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Pacer Trendpilot 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 Trendpilot Bond Systematic Risk
Pacer Trendpilot's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pacer Trendpilot volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Pacer Trendpilot Bond correlated with the market. If Beta is less than 0 Pacer Trendpilot generally moves in the opposite direction as compared to the market. If Pacer Trendpilot Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pacer Trendpilot Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pacer Trendpilot is generally in the same direction as the market. If Beta > 1 Pacer Trendpilot moves generally in the same direction as, but more than the movement of the benchmark.
About Pacer Trendpilot Financials
What exactly are Pacer Trendpilot Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Pacer Trendpilot's income statement, its balance sheet, and the statement of cash flows. Potential Pacer Trendpilot investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Pacer Trendpilot investors may use each financial statement separately, they are all related. The changes in Pacer Trendpilot's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pacer Trendpilot's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Pacer Trendpilot Thematic Clasifications
Pacer Trendpilot Bond is part of several thematic ideas from Strategy ETFs to Broad Debt ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasPacer Trendpilot November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Pacer Trendpilot help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pacer Trendpilot Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pacer Trendpilot Bond based on widely used predictive technical indicators. In general, we focus on analyzing Pacer Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pacer Trendpilot's daily price indicators and compare them against related drivers.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 1.42 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.4857 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacer Trendpilot Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Pacer Trendpilot Bond 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 Trendpilot's value that differs from its market value or its book value, called intrinsic value, which is Pacer Trendpilot'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 Trendpilot's market value can be influenced by many factors that don't directly affect Pacer Trendpilot'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 Trendpilot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Trendpilot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Trendpilot'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.