Pacer American Energy Etf Performance
| USAI Etf | USD 41.89 0.11 0.26% |
The etf holds a Beta of 0.67, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pacer American's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacer American is expected to be smaller as well.
Risk-Adjusted Performance
25 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Pacer American Energy are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. Despite fairly weak basic indicators, Pacer American demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Technical Data - Stock Traders Daily | 11/15/2024 |
| In Threey Sharp Ratio | 0.76 |
Pacer |
Pacer American Relative Risk vs. Return Landscape
If you would invest 3,434 in Pacer American Energy on August 26, 2024 and sell it today you would earn a total of 755.00 from holding Pacer American Energy or generate 21.99% return on investment over 90 days. Pacer American Energy is currently generating 0.3105% in daily expected returns and assumes 0.9411% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Pacer, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Pacer American Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer American's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pacer American Energy, and traders can use it to determine the average amount a Pacer American'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 = 0.33
| Best Portfolio | Best Equity | |||
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| Small Returns | USAI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average Pacer American is performing at about 25% 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.
Pacer American Fundamentals Growth
Pacer Etf prices reflect investors' perceptions of the future prospects and financial health of Pacer American, and Pacer American 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 | 41.14 M | |||
About Pacer American Performance
By evaluating Pacer American's fundamental ratios, stakeholders can gain valuable insights into Pacer American's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Pacer American 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 American has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.| Latest headline from news.google.com: Technical Data - Stock Traders Daily | |
| The fund keeps 99.62% of its net assets in stocks |
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.