Pacer Lunt Midcap Etf Technical Analysis
PAMC Etf | USD 50.30 0.31 0.61% |
As of the 29th of November, Pacer Lunt holds the Coefficient Of Variation of 592.26, risk adjusted performance of 0.1309, and Semi Deviation of 0.5557. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pacer Lunt, as well as the relationship between them.
Pacer Lunt 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 Lunt 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 Lunt MidCap Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Lunt MidCap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Pacer Lunt MidCap Trend Analysis
Use this graph to draw trend lines for Pacer Lunt MidCap. You can use it to identify possible trend reversals for Pacer Lunt 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 Lunt price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Pacer Lunt Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Pacer Lunt MidCap applied against its price change over selected period. The best fit line has a slop of 0.08 , which means Pacer Lunt MidCap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 271.8, which is the sum of squared deviations for the predicted Pacer Lunt price change compared to its average price change.About Pacer Lunt 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 Lunt MidCap 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 Lunt MidCap based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Pacer Lunt MidCap price pattern first instead of the macroeconomic environment surrounding Pacer Lunt MidCap. By analyzing Pacer Lunt'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 Lunt'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 Lunt specific price patterns or momentum indicators. Please read more on our technical analysis page.
Pacer Lunt November 29, 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.
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1309 | |||
Market Risk Adjusted Performance | 0.1467 | |||
Mean Deviation | 0.6731 | |||
Semi Deviation | 0.5557 | |||
Downside Deviation | 0.7646 | |||
Coefficient Of Variation | 592.26 | |||
Standard Deviation | 0.9005 | |||
Variance | 0.8109 | |||
Information Ratio | 0.0296 | |||
Jensen Alpha | 0.0222 | |||
Total Risk Alpha | 0.0065 | |||
Sortino Ratio | 0.0349 | |||
Treynor Ratio | 0.1367 | |||
Maximum Drawdown | 5.04 | |||
Value At Risk | (1.14) | |||
Potential Upside | 1.42 | |||
Downside Variance | 0.5845 | |||
Semi Variance | 0.3088 | |||
Expected Short fall | (0.74) | |||
Skewness | 0.956 | |||
Kurtosis | 3.46 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacer Lunt MidCap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Pacer Lunt MidCap 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 Lunt's value that differs from its market value or its book value, called intrinsic value, which is Pacer Lunt'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 Lunt's market value can be influenced by many factors that don't directly affect Pacer Lunt'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 Lunt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Lunt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Lunt'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.