Pacer American Energy Etf Profile
| USAI Etf | USD 31.71 0.13 0.41% |
Performance15 of 100
| Odds Of DistressLess than 9
|
Pacer American is trading at 31.71 as of the 24th of April 2024. This is a 0.41 percent increase since the beginning of the trading day. The etf's open price was 31.58. Pacer American has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Pacer American Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and depositary receipts representing foreign securities. American Energy is traded on NYSEARCA Exchange in the United States. More on Pacer American Energy
Moving together with Pacer Etf
| 0.99 | EMLP | First Trust North | PairCorr |
| 0.96 | AMJ | JPMorgan Alerian MLP | PairCorr |
| 0.96 | MLPA | Global X MLP | PairCorr |
| 1.0 | MLPX | Global X MLP | PairCorr |
| 1.0 | TPYP | Tortoise North American | PairCorr |
| 0.97 | AMZA | InfraCap MLP ETF | PairCorr |
| 0.97 | MLPB | UBS AG London | PairCorr |
Pacer Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Pacer American's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pacer American or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Energy Limited Partnership, Pacer (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 10.82 |
| Name | Pacer American Energy Independence ETF |
| Currency Code | USD |
| In Threey Volatility | 21.29 |
| 1y Volatility | 13.61 |
| 200 Day M A | 28.7008 |
| 50 Day M A | 30.6423 |
| Code | USAI |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.84 |
| Type | ETF |
Pacer American Energy [USAI] is traded in USA and was established 2017-12-12. The fund is listed under Energy Limited Partnership category and is part of Pacer family. Pacer American Energy at this time have 41.14 M in net assets. , while the total return for the last 3 years was 19.3%.
Check Pacer American Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pacer Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pacer Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pacer American Energy Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Pacer American Energy Etf Constituents
| EPD | Enterprise Products Partners | Stock | Energy |
| ET | Energy Transfer LP | Stock | Energy |
| KMI | Kinder Morgan | Stock | Energy |
| LNG | Cheniere Energy | Stock | Energy |
| MIC | Macquarie Infrastructure Co | Stock | Utilities—Regulated Gas |
| OKE | ONEOK Inc | Stock | Energy |
| TRGP | Targa Resources | Stock | Energy |
Pacer American Target Price Odds Analysis
Coming from a normal probability distribution, the odds of Pacer American jumping above the current price in 90 days from now is about 9.34%. The Pacer American Energy probability density function shows the probability of Pacer American etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Pacer American has a beta of 0.7444. This usually implies as returns on the market go up, Pacer American average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pacer American Energy will be expected to be much smaller as well. Additionally, pacer American Energy has an alpha of 0.1108, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Pacer American to move above the current price in 90 days from now is about 9.34 (This Pacer American Energy probability density function shows the probability of Pacer Etf to fall within a particular range of prices over 90 days) .
Pacer American Energy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pacer American market risk premium is the additional return an investor will receive from holding Pacer American long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pacer American. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Pacer American's alpha and beta are two of the key measurements used to evaluate Pacer American's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1498 | |||
| Jensen Alpha | 0.1108 | |||
| Total Risk Alpha | 0.068 | |||
| Sortino Ratio | 0.1251 |
Pacer American Against Markets
Picking the right benchmark for Pacer American etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pacer American etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pacer American is critical whether you are bullish or bearish towards Pacer American Energy at a given time. Please also check how Pacer American's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Pacer American without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Pacer Etf?
Before investing in Pacer American, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Pacer American. To buy Pacer American etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pacer American. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Pacer American etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pacer American Energy etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Pacer American Energy etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Pacer American Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Pacer Etf please use our How to Invest in Pacer American guide.
Already Invested in Pacer American Energy?
The danger of trading Pacer American Energy is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pacer American is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pacer American. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pacer American Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Pacer American Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pacer American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pacer American Energy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Pacer American Energy Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Pacer American Energy. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Pacer American Energy information on this page should be used as a complementary analysis to other Pacer American's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Pacer American Energy 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 American's value that differs from its market value or its book value, called intrinsic value, which is Pacer American'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 American's market value can be influenced by many factors that don't directly affect Pacer American'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 American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer American'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.