Pacer Financial Etf Performance
| VIRS Etf | USD 40.03 0.00 0.00% |
The etf holds a Beta of -0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pacer Financial are expected to decrease at a much lower rate. During the bear market, Pacer Financial is likely to outperform the market.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Pacer Financial are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Pacer Financial is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| In Threey Sharp Ratio | 0.33 |
Pacer |
Pacer Financial Relative Risk vs. Return Landscape
If you would invest 3,919 in Pacer Financial on August 30, 2024 and sell it today you would earn a total of 84.00 from holding Pacer Financial or generate 2.14% return on investment over 90 days. Pacer Financial is currently generating 0.0697% in daily expected returns and assumes 0.5167% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% 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 |
| Risk |
Pacer Financial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Financial's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pacer Financial, and traders can use it to determine the average amount a Pacer Financial'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 = 0.1349
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | VIRS | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Pacer Financial is performing at about 10% 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 Financial by adding it to a well-diversified portfolio.
Pacer Financial Fundamentals Growth
Pacer Etf prices reflect investors' perceptions of the future prospects and financial health of Pacer Financial, and Pacer Financial 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 | 3.78 M | |||
About Pacer Financial Performance
Assessing Pacer Financial's fundamental ratios provides investors with valuable insights into Pacer Financial's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Pacer Financial is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
-listed stocks of companies whose products or services help protect against, endure, or recover from biological threats to human health. Pacer Biothreat is traded on BATS Exchange in the United States.| Pacer Financial is not yet fully synchronised with the market data | |
| The fund keeps 99.84% of its net assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of Pacer Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is Pacer Financial'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 Financial's market value can be influenced by many factors that don't directly affect Pacer Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Financial'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.