Pacer Small Profitability Analysis
| CALF Etf | 25.85 0.04 0.15% |
For Pacer Small profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pacer Small to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pacer Small Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pacer Small's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pacer Small Cap over time as well as its relative position and ranking within its peers.
Pacer |
CALF.AS fundamentals not found
We are unable to locate Pacer Small Cap indicator at this time.
If you believe the indicator you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets.| Symbol | CALF |
| Name | Pacer Small Cap |
| Type | Etf |
| Country | Netherlands |
| Exchange | AS |
Indicator Description
We cannot locate any information for this view at this time. Please try again later!Other Suggestions
| CAL | Caleres | Company |
| CALXX | Money Market Obligations | Money Market Fund |
| CALI | iShares Short Term California | ETF |
| CALLISTO | CALLISTO | Cryptocurrency |
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.
Use Pacer Small in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pacer Small position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pacer Small will appreciate offsetting losses from the drop in the long position's value.Pacer Small Pair Trading
Pacer Small Cap Pair Trading Analysis
The ability to find closely correlated positions to Pacer Small could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pacer Small when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pacer Small - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pacer Small Cap to buy it.
The correlation of Pacer Small is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pacer Small moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pacer Small Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pacer Small can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Pacer Small position
In addition to having Pacer Small in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Cancer Fighters Thematic Idea Now
Cancer Fighters
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 60 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cancer Fighters Theme or any other thematic opportunities.
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