Pacer Trendpilot Etf Price on November 7, 2024
| TRND Etf | USD 33.89 0.18 0.53% |
Below is the normalized historical share price chart for Pacer Trendpilot extending back to May 06, 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 Trendpilot stands at 33.89, as last reported on the 22nd of November, with the highest price reaching 33.89 and the lowest price hitting 33.82 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 Trendpilot is very steady. Pacer Trendpilot maintains Sharpe Ratio (i.e., Efficiency) of 0.0683, which implies the entity had a 0.0683% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pacer Trendpilot, which you can use to evaluate the volatility of the etf. Please check Pacer Trendpilot's Semi Deviation of 0.5257, coefficient of variation of 1511.38, and Risk Adjusted Performance of 0.0472 to confirm if the risk estimate we provide is consistent with the expected return of 0.0381%.
Pacer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.71 | 200 Day MA 32.025 | 1 y Volatility 8.87 | 50 Day MA 33.3892 | Inception Date 2019-05-03 |
Pacer |
Sharpe Ratio = 0.0683
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Estimated Market Risk
| 0.56 actual daily | 4 96% 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 | 5 95% of assets perform better |
Based on monthly moving average Pacer Trendpilot is performing at about 5% 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 Trendpilot by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 80.3 K |
Pacer Trendpilot Valuation on November 7, 2024
It is possible to determine the worth of Pacer Trendpilot on a given historical date. On November 7, 2024 Pacer was worth 33.89 at the beginning of the trading date compared to the closed value of 34.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pacer Trendpilot etf. Still, in general, we apply an absolute valuation method to find Pacer Trendpilot'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 Trendpilot where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pacer Trendpilot's related companies.
| Open | High | Low | Close | Volume | |
| 33.84 | 33.84 | 33.61 | 33.77 | 5,200 | |
11/07/2024 | 33.89 | 34.05 | 33.89 | 34.01 | 4,800 |
| 33.96 | 34.01 | 33.95 | 33.99 | 3,500 |
| Backtest Pacer Trendpilot | | | Pacer Trendpilot History | | | Pacer Trendpilot Valuation | Previous | Next |
Pacer Trendpilot Trading Date Momentum on November 7, 2024
| On November 08 2024 Pacer Trendpilot was traded for 33.99 at the closing time. The top price for the day was 34.01 and the lowest listed price was 33.95 . The trading volume for the day was 3.5 K. The trading history from November 8, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.06% . The trading delta at closing time against the current closing price is 1.65% . |
Pacer Trendpilot Fundamentals Correlations and Trends
By evaluating Pacer Trendpilot'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 Trendpilot'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 Trendpilot Etf history
Pacer Trendpilot 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 Trendpilot 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 Trendpilot stock prices may prove useful in developing a viable investing in Pacer Trendpilot
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 Trendpilot is traded on NYSEARCA Exchange in the United States.
Pacer Trendpilot Etf Technical Analysis
Pacer Trendpilot 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 Trendpilot Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Pacer Trendpilot cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Trendpilot November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Pacer Trendpilot 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 Trendpilot shares will generate the highest return on investment. By undertsting and applying Pacer Trendpilot etf market strength indicators, traders can identify Pacer Trendpilot entry and exit signals to maximize returns
Pacer Trendpilot Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pacer Trendpilot'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 | 0.0472 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0448 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Pacer Trendpilot. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of Pacer Trendpilot 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 Trendpilot's value that differs from its market value or its book value, called intrinsic value, which is Pacer Trendpilot'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 Trendpilot's market value can be influenced by many factors that don't directly affect Pacer Trendpilot'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 Trendpilot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Trendpilot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Trendpilot'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.