Pacer Global Cash Etf Price on October 18, 2024
| GCOW Etf | USD 35.00 0.14 0.40% |
Below is the normalized historical share price chart for Pacer Global Cash extending back to February 23, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pacer Global stands at 35.00, as last reported on the 25th of November, with the highest price reaching 35.06 and the lowest price hitting 34.80 during the day.
If you're considering investing in Pacer Etf, it is important to understand the factors that can impact its price. Pacer Global Cash maintains Sharpe Ratio (i.e., Efficiency) of -0.0696, which implies the entity had a -0.0696% return per unit of risk over the last 3 months. Pacer Global Cash exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pacer Global's Coefficient Of Variation of (8,003), risk adjusted performance of (0.01), and Variance of 0.4033 to confirm the risk estimate we provide.
Pacer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.2 | 200 Day MA 34.9363 | 1 y Volatility 10.32 | 50 Day MA 35.7007 | Inception Date 2016-02-22 |
Pacer |
Sharpe Ratio = -0.0696
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GCOW |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pacer Global is not performing at its full potential. However, 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 Global by adding Pacer Global to a well-diversified portfolio.
Average Mkt Cap Mil 65.1 K |
Pacer Global Valuation on October 18, 2024
It is possible to determine the worth of Pacer Global on a given historical date. On October 18, 2024 Pacer was worth 35.92 at the beginning of the trading date compared to the closed value of 35.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pacer Global etf. Still, in general, we apply an absolute valuation method to find Pacer Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pacer Global's related companies.
| Open | High | Low | Close | Volume | |
| 35.97 | 35.97 | 35.82 | 35.86 | 168,989 | |
10/18/2024 | 35.92 | 35.97 | 35.79 | 35.97 | 150,738 |
| 35.90 | 35.92 | 35.55 | 35.61 | 235,952 |
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Pacer Global Trading Date Momentum on October 18, 2024
| On October 21 2024 Pacer Global Cash was traded for 35.61 at the closing time. The top price for the day was 35.92 and the lowest listed price was 35.55 . The trading volume for the day was 236 K. The trading history from October 21, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.00% . The trading delta at closing time against the current closing price is 1.75% . |
Pacer Global Cash Fundamentals Correlations and Trends
By evaluating Pacer Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pacer Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pacer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pacer Global Etf history
Pacer Global 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 Global Cash 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 Global stock prices may prove useful in developing a viable investing in Pacer Global
Under normal circumstances, the fund will invest at least 80 percent of its total assets in the components of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities . Pacer Global is traded on BATS Exchange in the United States.
Pacer Global Etf Technical Analysis
Pacer Global 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 Global Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Pacer Global Cash cannot be verified against its exchange. Please verify the symbol is currently traded on BATS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Pacer Global November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Pacer Global 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 Global shares will generate the highest return on investment. By undertsting and applying Pacer Global etf market strength indicators, traders can identify Pacer Global Cash entry and exit signals to maximize returns
Pacer Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pacer Global'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 | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.05) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Pacer Global Cash. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of Pacer Global Cash 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 Global's value that differs from its market value or its book value, called intrinsic value, which is Pacer Global'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 Global's market value can be influenced by many factors that don't directly affect Pacer Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Global'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.