Pacer Global Cash Etf Fundamentals
| GCOW Etf | USD 35.00 0.14 0.40% |
Pacer Global Cash fundamentals help investors to digest information that contributes to Pacer Global's financial success or failures. It also enables traders to predict the movement of Pacer Etf. The fundamental analysis module provides a way to measure Pacer Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pacer Global etf.
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Pacer Global Cash ETF Beta Analysis
Pacer Global's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Pacer Global Beta | 0.78 |
Most of Pacer Global's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pacer Global Cash is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Pacer Global Cash has a Beta of 0.78. This is much higher than that of the Pacer family and significantly higher than that of the Global Large-Stock Value category. The beta for all United States etfs is notably lower than that of the firm.
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Fund Asset Allocation for Pacer Global
The fund consists of 98.97% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Pacer Global's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
As returns on the market increase, Pacer Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacer Global is expected to be smaller as well.
Pacer Fundamentals
| Number Of Employees | 410 | |||
| Beta | 0.78 | |||
| Total Asset | 645.8 M | |||
| One Year Return | 11.50 % | |||
| Three Year Return | 10.30 % | |||
| Five Year Return | 7.70 % | |||
| Net Asset | 645.8 M | |||
| Last Dividend Paid | 0.22 | |||
| Equity Positions Weight | 98.97 % |
About Pacer Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pacer Global Cash's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pacer Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pacer Global Cash based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Under normal circumstances, the fund will invest at least 80 percent of its total assets in the components of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities . Pacer Global is traded on BATS Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Pacer Global Cash is a strong investment it is important to analyze Pacer Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pacer Global's future performance. For an informed investment choice regarding Pacer Etf, refer to the following important reports:Check out Pacer Global Piotroski F Score and Pacer Global Altman Z Score analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of Pacer Global Cash 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 Global's value that differs from its market value or its book value, called intrinsic value, which is Pacer Global'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 Global's market value can be influenced by many factors that don't directly affect Pacer Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Global'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.