Pacer Bluestar Engineering Etf Performance
| BULD Etf | USD 22.03 0.22 1.01% |
The etf holds a Beta of 1.35, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pacer BlueStar will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Pacer BlueStar Engineering are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather abnormal essential indicators, Pacer BlueStar may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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2 | Short Interest in Pacer BlueStar Engineering the Future ETF Decreases By 50.0 | 11/14/2024 |
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Pacer BlueStar Relative Risk vs. Return Landscape
If you would invest 2,035 in Pacer BlueStar Engineering on September 4, 2024 and sell it today you would earn a total of 168.00 from holding Pacer BlueStar Engineering or generate 8.26% return on investment over 90 days. Pacer BlueStar Engineering is currently generating 0.1344% in daily expected returns and assumes 1.4504% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of etfs are less volatile than Pacer, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Pacer BlueStar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer BlueStar's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pacer BlueStar Engineering, and traders can use it to determine the average amount a Pacer BlueStar's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0926
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| Cash | Small Risk | BULD | High Risk | Huge Risk |
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Estimated Market Risk
| 1.45 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Pacer BlueStar 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 BlueStar by adding it to a well-diversified portfolio.
Pacer BlueStar Fundamentals Growth
Pacer Etf prices reflect investors' perceptions of the future prospects and financial health of Pacer BlueStar, and Pacer BlueStar fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Pacer Etf performance.
| Total Asset | 1.26 M | |||
About Pacer BlueStar Performance
By analyzing Pacer BlueStar's fundamental ratios, stakeholders can gain valuable insights into Pacer BlueStar's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Pacer BlueStar has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Pacer BlueStar has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The index is a rules-based index that consists of globally-listed stocks and depositary receipts of companies that derive at least 50 percent of their revenues from Robotics and 3D Printing Companies, as determined by the index provider. Pacer Bluestar is traded on NASDAQ Exchange in the United States.| Latest headline from thelincolnianonline.com: Short Interest in Pacer BlueStar Engineering the Future ETF Decreases By 50.0 | |
| The fund holds 99.76% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Pacer BlueStar Engineering. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Pacer BlueStar Engin 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 BlueStar's value that differs from its market value or its book value, called intrinsic value, which is Pacer BlueStar'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 BlueStar's market value can be influenced by many factors that don't directly affect Pacer BlueStar'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 BlueStar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer BlueStar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer BlueStar'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.