Pacer Small Cap Etf Technical Analysis
| CAFG Etf | 27.32 0.56 2.09% |
As of the 24th of November, Pacer Small holds the Risk Adjusted Performance of 0.1046, semi deviation of 1.04, and Coefficient Of Variation of 764.08. Pacer Small Cap technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the etf's future prices. Please check Pacer Small Cap downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Pacer Small Cap is priced some-what accurately, providing market reflects its current price of 27.32 per share.
Pacer Small Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pacer, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PacerPacer |
Pacer Small technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Pacer Small Cap Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Pacer Small Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Pacer Small Cap Trend Analysis
Use this graph to draw trend lines for Pacer Small Cap. You can use it to identify possible trend reversals for Pacer Small as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Pacer Small price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Pacer Small Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Pacer Small Cap applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Pacer Small Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 88.04, which is the sum of squared deviations for the predicted Pacer Small price change compared to its average price change.About Pacer Small Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Pacer Small Cap on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Pacer Small Cap based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Pacer Small Cap price pattern first instead of the macroeconomic environment surrounding Pacer Small Cap. By analyzing Pacer Small's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Pacer Small's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Pacer Small specific price patterns or momentum indicators. Please read more on our technical analysis page.
Pacer Small November 24, 2024 Technical Indicators
Most technical analysis of Pacer help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Pacer from various momentum indicators to cycle indicators. When you analyze Pacer charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1046 | |||
| Market Risk Adjusted Performance | 0.1246 | |||
| Mean Deviation | 0.951 | |||
| Semi Deviation | 1.04 | |||
| Downside Deviation | 1.24 | |||
| Coefficient Of Variation | 764.08 | |||
| Standard Deviation | 1.32 | |||
| Variance | 1.75 | |||
| Information Ratio | 0.032 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0341 | |||
| Treynor Ratio | 0.1146 | |||
| Maximum Drawdown | 7.56 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 2.22 | |||
| Downside Variance | 1.54 | |||
| Semi Variance | 1.08 | |||
| Expected Short fall | (0.99) | |||
| Skewness | 0.6006 | |||
| Kurtosis | 3.24 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Pacer Small Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Pacer Small Cap 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 Small's value that differs from its market value or its book value, called intrinsic value, which is Pacer Small'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 Small's market value can be influenced by many factors that don't directly affect Pacer Small'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 Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Small'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.