Pacer Cash Cows Etf Performance
| MILK Etf | 24.56 0.02 0.08% |
The etf holds a Beta of 0.0449, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pacer Cash's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacer Cash is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Pacer Cash Cows has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent essential indicators, Pacer Cash is not utilizing all of its potentials. The newest stock price mess, may contribute to short-term losses for the institutional investors. ...more
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Pacer Cash Relative Risk vs. Return Landscape
If you would invest 2,459 in Pacer Cash Cows on October 22, 2024 and sell it today you would lose (3.00) from holding Pacer Cash Cows or give up 0.12% of portfolio value over 90 days. Pacer Cash Cows is currently does not generate positive expected returns and assumes 0.4414% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% 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 Cash Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Cash's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pacer Cash Cows, and traders can use it to determine the average amount a Pacer Cash'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 = -0.0117
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MILK |
Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pacer Cash is not performing at its full potential. However, 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 Cash by adding Pacer Cash to a well-diversified portfolio.
About Pacer Cash Performance
By examining Pacer Cash's fundamental ratios, stakeholders can obtain critical insights into Pacer Cash'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 Cash 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.
Pacer Cash is entity of United States. It is traded as Etf on US exchange.| Pacer Cash Cows generated a negative expected return over the last 90 days |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pacer Cash Cows. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of Pacer Cash Cows 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 Cash's value that differs from its market value or its book value, called intrinsic value, which is Pacer Cash'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 Cash's market value can be influenced by many factors that don't directly affect Pacer Cash'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 Cash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Cash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Cash'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.