Pace Strategic Fixed Fund Price on October 15, 2024
| PCSIX Fund | USD 11.70 0.01 0.09% |
Below is the normalized historical share price chart for Pace Strategic Fixed extending back to August 31, 1995. 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 Pace Strategic stands at 11.70, as last reported on the 27th of November, with the highest price reaching 11.70 and the lowest price hitting 11.70 during the day.
If you're considering investing in Pace Mutual Fund, it is important to understand the factors that can impact its price. Pace Strategic Fixed maintains Sharpe Ratio (i.e., Efficiency) of -0.0964, which implies the entity had a -0.0964% return per unit of risk over the last 3 months. Pace Strategic Fixed exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pace Strategic's Coefficient Of Variation of (918.67), variance of 0.0657, and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide.
Pace Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pace |
Sharpe Ratio = -0.0964
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| Negative Returns | PCSIX |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pace Strategic 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 Pace Strategic by adding Pace Strategic to a well-diversified portfolio.
Pace Strategic Valuation on October 15, 2024
It is possible to determine the worth of Pace Strategic on a given historical date. On October 15, 2024 Pace was worth 11.91 at the beginning of the trading date compared to the closed value of 11.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pace Strategic mutual fund. Still, in general, we apply an absolute valuation method to find Pace Strategic'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 Pace Strategic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pace Strategic's related companies.
| Open | High | Low | Close | Volume | |
| 11.86 | 11.86 | 11.86 | 11.86 | 1.00 | |
10/15/2024 | 11.91 | 11.91 | 11.91 | 11.91 | 1.00 |
| 11.93 | 11.93 | 11.93 | 11.93 | 1.00 |
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Pace Strategic Trading Date Momentum on October 15, 2024
| On October 16 2024 Pace Strategic Fixed was traded for 11.93 at the closing time. The highest daily price throughout the period was 11.93 and the lowest price was 11.93 . There was no trading activity during the period 1.0. Lack of trading volume on 10/16/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.17% . The trading delta at closing time to current closing price is 0.92% . |
Pace Strategic Fixed Fundamentals Correlations and Trends
By evaluating Pace Strategic'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 Pace Strategic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pace financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pace Strategic Mutual Fund history
Pace Strategic 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 Pace is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pace Strategic Fixed 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 Pace Strategic stock prices may prove useful in developing a viable investing in Pace Strategic
The fund invests at least 80 percent of its net assets in investment grade fixed income securities. It also invests, to a limited extent, in bonds that are below investment grade. The advisor may, but is not required to, use exchange-traded or over-the-counter derivative instruments for risk management purposes or to attempt to increase total returns.
Pace Strategic Mutual Fund Technical Analysis
Pace Strategic technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Pace Strategic Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Pace Strategic Fixed cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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.
Pace Strategic November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Pace Strategic mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pace Strategic shares will generate the highest return on investment. By undertsting and applying Pace Strategic mutual fund market strength indicators, traders can identify Pace Strategic Fixed entry and exit signals to maximize returns
Pace Strategic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pace Strategic's price direction in advance. Along with the technical and fundamental analysis of Pace Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pace 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 | (0.10) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.4935 |
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Other Information on Investing in Pace Mutual Fund
Pace Strategic financial ratios help investors to determine whether Pace Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pace with respect to the benefits of owning Pace Strategic security.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |