Pacer Etf Profile

PBUG
 Etf
  

USD 22.36  0.01  0.0447%   

Market Performance
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Pacer IPath is trading at 22.36 as of the 9th of December 2022, a 0.0447% increase since the beginning of the trading day. The etf's lowest day price was 22.36. Pacer IPath has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Pacer IPath Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of November 2022 and ending today, the 9th of December 2022. Click here to learn more.

Pacer IPath 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 IPath's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pacer IPath or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Pacer IPath Gold generated a negative expected return over the last 90 days
Pacer IPath Gold has high historical volatility and very poor performance
The fund maintains all of the assets in different exotic instruments
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Pacer IPath's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
IssuerBarclays Capital
Inception Date2021-06-15
BenchmarkPacer Barclays Gold Trendpilot Total Return Index
Entity TypeExchange-Traded Note
Asset Under Management245,960
Asset TypeCommodities
CategoryPrecious Metals
FocusGold
Market ConcentrationBlended Development
RegionGlobal
AdvisorBarclays Bank PLC
ExchangeNYSE Arca, Inc.
Market MakerVirtu Financial
Total Expense0.65
Management Fee0.65
Nav Price22.26
Two Hundred Day Average27.26
Ytd-2.08%
Average Daily Volume In Three Month2.56k
Fifty Two Week Low18.77
As Of Date24th of October 2022
Average Daily Volume Last 10 Day6.0
Fifty Two Week High66.93
One Month0.24%
Fifty Day Average22.41
Three Month0.62%
Pacer IPath Gold [PBUG] is traded in USA and was established 2021-06-15. The fund is listed under Barclays family. Pacer IPath Gold at this time have 22.87 M in assets. , while the total return for the last year was -6.62%.
Check Pacer IPath Probability Of Bankruptcy

Pacer IPath Target Price Odds Analysis

What are Pacer IPath's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Pacer IPath jumping above the current price in 90 days from now is about 65.63%. The Pacer IPath Gold probability density function shows the probability of Pacer IPath etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Pacer IPath Gold has a beta of -0.1609 indicating as returns on benchmark increase, returns on holding Pacer IPath are expected to decrease at a much lower rate. During the bear market, however, Pacer IPath Gold is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Pacer IPath Gold is significantly underperforming NYSE Composite.
  Odds Below 22.36HorizonTargetOdds Above 22.36
34.28%90 days
 22.36 
65.63%
Based on a normal probability distribution, the odds of Pacer IPath to move above the current price in 90 days from now is about 65.63 (This Pacer IPath Gold probability density function shows the probability of Pacer Etf to fall within a particular range of prices over 90 days) .

Pacer IPath Major Institutional Holders

Institutional Holdings refers to the ownership stake in Pacer IPath that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Pacer IPath's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Pacer IPath's value.
InstituionSecurity TypeTotal SharesValue
Ubs Group AgFund Units340K
View Pacer IPath Diagnostics

Pacer IPath Gold Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pacer IPath market risk premium is the additional return an investor will receive from holding Pacer IPath 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 IPath. 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 IPath's alpha and beta are two of the key measurements used to evaluate Pacer IPath's performance over the market, the standard measures of volatility play an important role as well.

Pacer IPath Against Markets

Picking the right benchmark for Pacer IPath 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 IPath 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 IPath is critical whether you are bullish or bearish towards Pacer IPath Gold at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pacer IPath 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.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Invested in Pacer IPath Gold?

The danger of trading Pacer IPath Gold 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 IPath 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 IPath. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pacer IPath Gold 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.
Please check Your Equity Center. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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The market value of Pacer IPath Gold 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 IPath's value that differs from its market value or its book value, called intrinsic value, which is Pacer IPath'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 IPath's market value can be influenced by many factors that don't directly affect Pacer IPath'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 IPath's value and its price as these two are different measures arrived at by different means. Investors typically determine Pacer IPath value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer IPath'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.