Pacer Lunt Large Etf Performance
| ALTL Etf | USD 39.69 0.11 0.28% |
The etf holds a Beta of 0.39, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pacer Lunt's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacer Lunt is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Pacer Lunt Large are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent basic indicators, Pacer Lunt is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| In Threey Sharp Ratio | -0.49 |
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Pacer Lunt Relative Risk vs. Return Landscape
If you would invest 3,794 in Pacer Lunt Large on October 26, 2024 and sell it today you would earn a total of 175.00 from holding Pacer Lunt Large or generate 4.61% return on investment over 90 days. Pacer Lunt Large is currently generating 0.0797% in daily expected returns and assumes 0.8119% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Pacer, and 99% 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 Lunt Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Lunt's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pacer Lunt Large, and traders can use it to determine the average amount a Pacer Lunt'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 = 0.0982
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Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Pacer Lunt 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 Lunt by adding it to a well-diversified portfolio.
Pacer Lunt Fundamentals Growth
Pacer Etf prices reflect investors' perceptions of the future prospects and financial health of Pacer Lunt, and Pacer Lunt 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 | 766.65 M | |||
About Pacer Lunt Performance
By examining Pacer Lunt's fundamental ratios, stakeholders can obtain critical insights into Pacer Lunt's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Pacer Lunt is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The index uses an objective, rules-based methodology to provide exposure to large-capitalization U.S. companies. Pacer Lunt is traded on NYSEARCA Exchange in the United States.| The fund created three year return of -2.0% | |
| Pacer Lunt Large holds 99.98% 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 Lunt Large. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of Pacer Lunt Large 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 Lunt's value that differs from its market value or its book value, called intrinsic value, which is Pacer Lunt'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 Lunt's market value can be influenced by many factors that don't directly affect Pacer Lunt'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 Lunt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Lunt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Lunt'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.