Pacer Pacific Total Risk Alpha

FLRT Etf  USD 47.56  0.09  0.19%   
Pacer Pacific total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Pacer Pacific Asset or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Pacer Pacific Asset has current Total Risk Alpha of 0.018. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.018
ER[a] = Expected return on investing in Pacer Pacific
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Pacer Pacific
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Pacer Pacific Total Risk Alpha Peers Comparison

Pacer Total Risk Alpha Relative To Other Indicators

Pacer Pacific Asset is one of the top ETFs in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  16.75  of Maximum Drawdown per Total Risk Alpha.
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Pacer Pacific to Peers

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