Pacer American Energy Etf Price on January 4, 2024
| USAI Etf | USD 40.30 0.48 1.21% |
Below is the normalized historical share price chart for Pacer American Energy extending back to December 13, 2017. 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 American stands at 40.30, as last reported on the 11th of December 2024, with the highest price reaching 40.30 and the lowest price hitting 39.82 during the day.
If you're considering investing in Pacer Etf, it is important to understand the factors that can impact its price. Pacer American appears to be very steady, given 3 months investment horizon. Pacer American Energy maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the entity had a 0.24% return per unit of risk over the last 3 months. We have found thirty technical indicators for Pacer American Energy, which you can use to evaluate the volatility of the etf. Please evaluate Pacer American's Semi Deviation of 0.7465, coefficient of variation of 423.53, and Risk Adjusted Performance of 0.1738 to confirm if our risk estimates are consistent with your expectations.
Pacer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 21.06 | 200 Day MA 34.0899 | 1 y Volatility 14.53 | 50 Day MA 38.3647 | Inception Date 2017-12-12 |
Pacer |
Sharpe Ratio = 0.236
| Best Portfolio | Best Equity | |||
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| Small Returns | USAI | |||
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Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Pacer American is performing at about 18% 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 American by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 23.6 K |
Pacer American Valuation on January 4, 2024
It is possible to determine the worth of Pacer American on a given historical date. On January 4, 2024 Pacer was worth 28.1 at the beginning of the trading date compared to the closed value of 27.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pacer American etf. Still, in general, we apply an absolute valuation method to find Pacer American'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 American where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pacer American's related companies.
| Open | High | Low | Close | Volume | |
| 27.78 | 28.03 | 27.78 | 27.96 | 14,931 | |
01/04/2024 | 28.10 | 28.24 | 27.80 | 27.80 | 6,150 |
| 27.95 | 28.15 | 27.84 | 27.90 | 125,805 |
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Pacer American Trading Date Momentum on January 4, 2024
| On January 05 2024 Pacer American Energy was traded for 27.90 at the closing time. The top price for the day was 28.15 and the lowest listed price was 27.84 . The trading volume for the day was 125.8 K. The trading history from January 5, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.36% . The trading delta at closing time against the current closing price is 0.04% . |
Pacer American Energy Fundamentals Correlations and Trends
By evaluating Pacer American'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 American'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 American Etf history
Pacer American 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 American Energy 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 American stock prices may prove useful in developing a viable investing in Pacer American
Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and depositary receipts representing foreign securities. American Energy is traded on NYSEARCA Exchange in the United States.
Pacer American Etf Technical Analysis
Pacer American 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 American Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Pacer American Energy 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 American December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Pacer American 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 American shares will generate the highest return on investment. By undertsting and applying Pacer American etf market strength indicators, traders can identify Pacer American Energy entry and exit signals to maximize returns
Pacer American Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pacer American'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 | 0.1738 | |||
| Jensen Alpha | 0.1709 | |||
| Total Risk Alpha | 0.0735 | |||
| Sortino Ratio | 0.1269 | |||
| Treynor Ratio | 0.3822 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Pacer American Energy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of Pacer American Energy 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 American's value that differs from its market value or its book value, called intrinsic value, which is Pacer American'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 American's market value can be influenced by many factors that don't directly affect Pacer American'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 American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer American'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.