Pacer Cash Cows Etf Price on June 25, 2024
HERD Etf | USD 40.57 0.15 0.37% |
Below is the normalized historical share price chart for Pacer Cash Cows extending back to May 07, 2019. 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 Cash stands at 40.57, as last reported on the 2nd of December, with the highest price reaching 40.57 and the lowest price hitting 40.23 during the day.
If you're considering investing in Pacer Etf, it is important to understand the factors that can impact its price. At this point, Pacer Cash is very steady. Pacer Cash Cows maintains Sharpe Ratio (i.e., Efficiency) of 0.0995, which implies the entity had a 0.0995% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pacer Cash Cows, which you can use to evaluate the volatility of the etf. Please check Pacer Cash's Risk Adjusted Performance of 0.056, semi deviation of 0.7794, and Coefficient Of Variation of 1397.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.0846%.
Pacer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.52 | 200 Day MA 38.5554 | 1 y Volatility 12.71 | 50 Day MA 39.5554 | Inception Date 2019-05-03 |
Pacer |
Sharpe Ratio = 0.0995
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Estimated Market Risk
0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Pacer Cash is performing at about 7% 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 Cash by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 17.8 K |
Pacer Cash Valuation on June 25, 2024
It is possible to determine the worth of Pacer Cash on a given historical date. On June 25, 2024 Pacer was worth 37.16 at the beginning of the trading date compared to the closed value of 37.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pacer Cash etf. Still, in general, we apply an absolute valuation method to find Pacer Cash'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 Cash where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pacer Cash's related companies.
Open | High | Low | Close | Volume | |
37.54 | 37.54 | 37.39 | 37.43 | 8,500 | |
06/25/2024 | 37.16 | 37.22 | 37.08 | 37.12 | 10,900 |
36.98 | 36.98 | 36.89 | 36.97 | 8,200 |
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Pacer Cash Trading Date Momentum on June 25, 2024
On June 26 2024 Pacer Cash Cows was traded for 36.97 at the closing time. The top price for the day was 36.98 and the lowest listed price was 36.89 . The trading volume for the day was 8.2 K. The trading history from June 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.40% . The trading delta at closing time against the current closing price is 0.78% . |
Pacer Cash Cows Fundamentals Correlations and Trends
By evaluating Pacer Cash'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 Cash'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 Cash Etf history
Pacer Cash 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 Cash Cows 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 Cash stock prices may prove useful in developing a viable investing in Pacer Cash
The index is based on a proprietary methodology developed and maintained by Index Design Group, an affiliate of Pacer Advisors, Inc., the funds investment adviser. Pacer Cash is traded on NASDAQ Exchange in the United States.
Pacer Cash Etf Technical Analysis
Pacer Cash 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 Cash Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Pacer Cash Cows cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Cash December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Pacer Cash 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 Cash shares will generate the highest return on investment. By undertsting and applying Pacer Cash etf market strength indicators, traders can identify Pacer Cash Cows entry and exit signals to maximize returns
Pacer Cash Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pacer Cash'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 | 0.056 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | (0.09) | |||
Treynor Ratio | 0.0717 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Pacer Cash Cows. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Pacer Cash Cows 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 Cash's value that differs from its market value or its book value, called intrinsic value, which is Pacer Cash'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 Cash's market value can be influenced by many factors that don't directly affect Pacer Cash'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 Cash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Cash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Cash'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.