Pacer Small Cap Etf Price on September 5, 2024
CAFG Etf | 27.33 0.10 0.36% |
If you're considering investing in Pacer Etf, it is important to understand the factors that can impact its price. As of today, the current price of Pacer Small stands at 27.33, as last reported on the 28th of November, with the highest price reaching 27.38 and the lowest price hitting 27.30 during the day. At this point, Pacer Small is very steady. Pacer Small Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pacer Small Cap, which you can use to evaluate the volatility of the etf. Please check Pacer Small's Coefficient Of Variation of 971.68, risk adjusted performance of 0.0828, and Semi Deviation of 1.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
Pacer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Pacer |
Sharpe Ratio = 0.1148
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Estimated Market Risk
1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Pacer Small is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pacer Small by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 2.9 K |
Pacer Small Valuation on September 5, 2024
It is possible to determine the worth of Pacer Small on a given historical date. On September 5, 2024 Pacer was worth 24.12 at the beginning of the trading date compared to the closed value of 23.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pacer Small etf. Still, in general, we apply an absolute valuation method to find Pacer Small's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pacer Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pacer Small's related companies.
Open | High | Low | Close | Volume | |
24.04 | 24.19 | 24.01 | 24.09 | 6,200 | |
09/05/2024 | 24.12 | 24.14 | 23.85 | 23.85 | 4,400 |
24.04 | 24.05 | 23.56 | 23.56 | 800.00 |
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Pacer Small Trading Date Momentum on September 5, 2024
On September 06 2024 Pacer Small Cap was traded for 23.56 at the closing time. The top price for the day was 24.05 and the lowest listed price was 23.56 . The trading volume for the day was 800. The trading history from September 6, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.22% . The trading delta at closing time against the current closing price is 2.68% . |
About Pacer Small Etf history
Pacer Small investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pacer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pacer Small Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pacer Small stock prices may prove useful in developing a viable investing in Pacer Small
Pacer Small Etf Technical Analysis
Pacer Small technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Pacer Small Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Pacer Small November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Pacer Small etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pacer Small shares will generate the highest return on investment. By undertsting and applying Pacer Small etf market strength indicators, traders can identify Pacer Small Cap entry and exit signals to maximize returns
Pacer Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pacer Small's price direction in advance. Along with the technical and fundamental analysis of Pacer Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pacer to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0828 | |||
Jensen Alpha | 0.0911 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | 0.0047 | |||
Treynor Ratio | 0.4661 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Pacer Small Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of Pacer Small Cap 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 Small's value that differs from its market value or its book value, called intrinsic value, which is Pacer Small'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 Small's market value can be influenced by many factors that don't directly affect Pacer Small'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 Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Small'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.