Pacer Benchmark Industrial Etf Price on January 2, 2024
| INDS Etf | USD 36.54 0.36 1.00% |
Below is the normalized historical share price chart for Pacer Benchmark Industrial extending back to May 15, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pacer Benchmark stands at 36.54, as last reported on the 4th of May, with the highest price reaching 36.95 and the lowest price hitting 36.41 during the day.
If you're considering investing in Pacer Etf, it is important to understand the factors that can impact its price. Pacer Benchmark Indu maintains Sharpe Ratio (i.e., Efficiency) of -0.0606, which implies the entity had a -0.0606% return per unit of risk over the last 3 months. Pacer Benchmark Indu exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pacer Benchmark's Risk Adjusted Performance of (0.05), coefficient of variation of (1,265), and Variance of 1.33 to confirm the risk estimate we provide.
Pacer Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 25.43 | 200 Day MA 37.7607 | 1 y Volatility 26.83 | 50 Day MA 38.0805 | Inception Date 2018-05-14 |
Pacer |
Sharpe Ratio = -0.0606
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | INDS |
Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pacer Benchmark is not performing at its full potential. However, 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 Benchmark by adding Pacer Benchmark to a well-diversified portfolio.
Average Mkt Cap Mil 12.6 K |
Pacer Benchmark Valuation on January 2, 2024
It is possible to determine the worth of Pacer Benchmark on a given historical date. On January 2, 2024 Pacer was worth 41.6 at the beginning of the trading date compared to the closed value of 41.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pacer Benchmark etf. Still, in general, we apply an absolute valuation method to find Pacer Benchmark's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pacer Benchmark where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pacer Benchmark's related companies.
| Open | High | Low | Close | Volume | |
| 42.34 | 42.34 | 41.47 | 41.47 | 24,178 | |
01/02/2024 | 41.60 | 42.06 | 41.60 | 41.69 | 21,316 |
| 41.74 | 41.74 | 40.68 | 40.68 | 57,819 |
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Pacer Benchmark Trading Date Momentum on January 2, 2024
| On January 03 2024 Pacer Benchmark Industrial was traded for 40.68 at the closing time. The top price for the day was 41.74 and the lowest listed price was 40.68 . The trading volume for the day was 57.8 K. The trading history from January 3, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.42% . The trading delta at closing time against the current closing price is 2.16% . |
Pacer Benchmark Indu Fundamentals Correlations and Trends
By evaluating Pacer Benchmark's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pacer Benchmark's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pacer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pacer Benchmark Etf history
Pacer Benchmark investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pacer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pacer Benchmark Indu will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pacer Benchmark stock prices may prove useful in developing a viable investing in Pacer Benchmark
The index was developed by Kelly Benchmark Indexes, and measures the performance of the industrial real estate sector of the U.S. equity market, which includes warehouse and self-storage real estate sub-sectors. Pacer Benchmark is traded on NYSEARCA Exchange in the United States.
Pacer Benchmark Etf Technical Analysis
Pacer Benchmark 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.
Price Boundaries
Pacer Benchmark Period Price Range
Low | January 2, 2024
| High |
41.60 | 41.69 |
Pacer Benchmark May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Pacer Benchmark etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pacer Benchmark shares will generate the highest return on investment. By undertsting and applying Pacer Benchmark etf market strength indicators, traders can identify Pacer Benchmark Industrial entry and exit signals to maximize returns
| Accumulation Distribution | 233.13 | |||
| Daily Balance Of Power | 0.1957 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 41.83 | |||
| Day Typical Price | 41.78 | |||
| Price Action Indicator | (0.1) | |||
| Period Momentum Indicator | (5.15) |
Pacer Benchmark Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pacer Benchmark's price direction in advance. Along with the technical and fundamental analysis of Pacer Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pacer to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.07) |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Pacer Benchmark Industrial. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Pacer Benchmark Indu information on this page should be used as a complementary analysis to other Pacer Benchmark'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Pacer Benchmark Indu 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 Benchmark's value that differs from its market value or its book value, called intrinsic value, which is Pacer Benchmark'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 Benchmark's market value can be influenced by many factors that don't directly affect Pacer Benchmark'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 Benchmark's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Benchmark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Benchmark'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.