Pacer American Financials
| USAI Etf | USD 41.35 0.09 0.22% |
Net Expense Ratio 0.0075 | 3 y Sharp Ratio 0.76 |
Pacer |
The data published in Pacer American's official financial statements typically reflect Pacer American'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 American's quantitative information. For example, before you start analyzing numbers published by Pacer accountants, it's essential to understand Pacer American's liquidity, profitability, and earnings quality within the context of the Pacer space in which it operates.
Pacer American Etf Summary
Pacer American competes with Harbor Health. Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and depositary receipts representing foreign securities. American Energy is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US69374H6348 |
| CUSIP | 69374H634 26922A552 |
| Region | North America |
| Investment Issuer | Pacer Financial |
| Etf Family | Pacer |
| Fund Category | Sector |
| Portfolio Concentration | Energy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Pacer American Key Financial Ratios
Pacer Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pacer American's current stock value. Our valuation model uses many indicators to compare Pacer American value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pacer American competition to find correlations between indicators driving Pacer American's intrinsic value. More Info.Pacer American Energy is rated first in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about 57.33 of One Year Return per Beta. 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 American's earnings, one of the primary drivers of an investment's value.Pacer American Energy Systematic Risk
Pacer American's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pacer American 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Pacer American Energy correlated with the market. If Beta is less than 0 Pacer American generally moves in the opposite direction as compared to the market. If Pacer American Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pacer American Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pacer American is generally in the same direction as the market. If Beta > 1 Pacer American moves generally in the same direction as, but more than the movement of the benchmark.
About Pacer American Financials
What exactly are Pacer American 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 American's income statement, its balance sheet, and the statement of cash flows. Potential Pacer American investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Pacer American investors may use each financial statement separately, they are all related. The changes in Pacer American's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pacer American'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 American Thematic Clasifications
Pacer American Energy is part of several thematic ideas from Sector ETFs to Energy 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 American November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Pacer American help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pacer American Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pacer American Energy 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 American's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7977 | |||
| Information Ratio | 0.1567 | |||
| Maximum Drawdown | 5.58 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.79 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Pacer American Energy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Pacer American Energy 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 American's value that differs from its market value or its book value, called intrinsic value, which is Pacer American'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 American's market value can be influenced by many factors that don't directly affect Pacer American'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 American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer American'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.