Pacer Funds Trust Etf Price on August 6, 2024
| PSMD Etf | USD 29.12 0.05 0.17% |
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 Funds stands at 29.12, as last reported on the 1st of December, with the highest price reaching 29.13 and the lowest price hitting 29.09 during the day. At this point, Pacer Funds is very steady. Pacer Funds Trust maintains Sharpe Ratio (i.e., Efficiency) of 0.28, which implies the entity had a 0.28% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pacer Funds Trust, which you can use to evaluate the volatility of the etf. Please check Pacer Funds' Standard Deviation of 0.2119, downside deviation of 0.2776, and Risk Adjusted Performance of 0.1502 to confirm if the risk estimate we provide is consistent with the expected return of 0.0537%.
Pacer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Pacer |
Sharpe Ratio = 0.2827
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Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Pacer Funds is performing at about 22% 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 Funds by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 315.6 K |
Related Headline
First Trust Headline on 6th of August 2024
SP Funds SP Global REIT Sharia ETF Trading Down 3.7 percent ... by news.google.com
SP Funds SP Global REIT Sharia ETF Trading Down 3.7 Defense World
Pacer Funds Valuation on August 6, 2024
It is possible to determine the worth of Pacer Funds on a given historical date. On August 6, 2024 Pacer was worth 27.44 at the beginning of the trading date compared to the closed value of 27.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pacer Funds etf. Still, in general, we apply an absolute valuation method to find Pacer Funds' 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 Funds where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pacer Funds' related companies.
| Open | High | Low | Close | Volume | |
| 27.23 | 27.50 | 27.23 | 27.23 | 1.00 | |
08/06/2024 | 27.44 | 27.50 | 27.44 | 27.50 | 1,000.00 |
| 27.48 | 27.52 | 27.35 | 27.35 | 6,600 |
| Backtest Pacer Funds | | | Pacer Funds History | | | Pacer Funds Valuation | Previous | Next |
Pacer Funds Trading Date Momentum on August 6, 2024
| On August 07 2024 Pacer Funds Trust was traded for 27.35 at the closing time. The top price for the day was 27.52 and the lowest listed price was 27.35 . The trading volume for the day was 6.6 K. The trading history from August 7, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.55% . The trading delta at closing time against the current closing price is 2.36% . |
Pacer Funds Trust Fundamentals Correlations and Trends
By evaluating Pacer Funds' 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 Funds' 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 Funds Etf history
Pacer Funds 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 Funds Trust 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 Funds stock prices may prove useful in developing a viable investing in Pacer Funds
The fund is an actively managed exchange-traded fund that, under normal market conditions, invests substantially all of its assets in FLexible EXchange Options that reference the market price of the SPDR SP 500 ETF Trust . Pacer Swan is traded on BATS Exchange in the United States.
Pacer Funds Etf Technical Analysis
Pacer Funds 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 Funds Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Pacer Funds Trust 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 Funds December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Pacer Funds 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 Funds shares will generate the highest return on investment. By undertsting and applying Pacer Funds etf market strength indicators, traders can identify Pacer Funds Trust entry and exit signals to maximize returns
Pacer Funds Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pacer Funds' 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 | 0.1502 | |||
| Jensen Alpha | 0.0139 | |||
| Total Risk Alpha | 0.0035 | |||
| Sortino Ratio | (0.32) | |||
| Treynor Ratio | 0.1982 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacer Funds Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Pacer Funds Trust 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 Funds' value that differs from its market value or its book value, called intrinsic value, which is Pacer Funds' 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 Funds' market value can be influenced by many factors that don't directly affect Pacer Funds' 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 Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Funds' 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.