Pacer Pacific Asset Etf Performance
| FLRT Etf | USD 47.85 0.12 0.25% |
The etf holds a Beta of 0.0361, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pacer Pacific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacer Pacific is expected to be smaller as well.
Risk-Adjusted Performance
41 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Pacer Pacific Asset are ranked lower than 41 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Pacer Pacific is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Proactive Strategies - Stock Traders Daily | 01/29/2024 |
2 | Pacer Pacific Asset ETF Announces High Yield Dividend, Attracting Investor Attention - BNN Breaking | 02/26/2024 |
3 | Trading Report - Stock Traders Daily | 03/22/2024 |
| In Threey Sharp Ratio | 0.55 |
Pacer |
Pacer Pacific Relative Risk vs. Return Landscape
If you would invest 4,669 in Pacer Pacific Asset on January 24, 2024 and sell it today you would earn a total of 104.00 from holding Pacer Pacific Asset or generate 2.23% return on investment over 90 days. Pacer Pacific Asset is currently generating 0.0356% in daily expected returns and assumes 0.0668% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% 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 Pacific Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Pacific's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pacer Pacific Asset, and traders can use it to determine the average amount a Pacer Pacific'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 = 0.5322
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Based on monthly moving average Pacer Pacific is performing at about 41% 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 Pacific by adding it to a well-diversified portfolio.
Pacer Pacific Fundamentals Growth
Pacer Etf prices reflect investors' perceptions of the future prospects and financial health of Pacer Pacific, and Pacer Pacific 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 | 74.37 M | |||
About Pacer Pacific Performance
To evaluate Pacer Pacific Asset Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Pacer Pacific generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Pacer Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Pacer Pacific Asset market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Pacer's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund seeks to achieve its investment objective by selecting a focused portfolio comprised primarily of income-producing adjustable rate securities. Advisorshares Pacific is traded on NYSEARCA Exchange in the United States.| Pacer is showing solid risk-adjusted performance over 90 days | |
| The fund retains about 18.18% of its assets under management (AUM) in fixed income securities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Pacer Pacific Asset. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of Pacer Pacific Asset 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 Pacific's value that differs from its market value or its book value, called intrinsic value, which is Pacer Pacific'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 Pacific's market value can be influenced by many factors that don't directly affect Pacer Pacific'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 Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Pacific'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.