Pacer Etf Performance

INDS -  USA Etf  

USD 47.34  0.07  0.15%

The etf holds a Beta of 0.476, which implies possible diversification benefits within a given portfolio. Let's try to break down what Pacer's beta means in this case. As returns on the market increase, Pacer Benchmark returns are expected to increase less than the market. However, during the bear market, the loss on holding Pacer Benchmark will be expected to be smaller as well. Although it is extremely important to respect Pacer Benchmark Indu current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Pacer Benchmark Indu technical indicators, you can presently evaluate if the expected return of 0.0886% will be sustainable into the future.

Pacer Etf Performance 

 
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 Pacer Performance
7 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Pacer Benchmark Industrial are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable fundamental indicators, Pacer Benchmark is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more

Pacer Price Channel

Fifty Two Week Low33.01
Fifty Two Week High48.67

Pacer Benchmark Relative Risk vs. Return Landscape

If you would invest  4,480  in Pacer Benchmark Industrial on July 18, 2021 and sell it today you would earn a total of  254.00  from holding Pacer Benchmark Industrial or generate 5.67% return on investment over 90 days. Pacer Benchmark Industrial is currently generating 0.0886% in daily expected returns and assumes 0.8727% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% 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.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Pacer Benchmark is expected to generate 1.18 times more return on investment than the market. However, the company is 1.18 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of risk.

Pacer Benchmark Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Benchmark's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pacer Benchmark Industrial, and traders can use it to determine the average amount a Pacer Benchmark'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 = 0.1016

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Estimated Market Risk
 0.87
  actual daily
 
 7 %
of total potential
 
77
Expected Return
 0.09
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.1
  actual daily
 
 7 %
of total potential
 
77
Based on monthly moving average Pacer Benchmark is performing at about 7% 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 Benchmark by adding it to a well-diversified portfolio.

About Pacer Benchmark Performance

To evaluate Pacer Benchmark Indu 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 Benchmark 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 Benchmark Indu stock market performance in a much more refined way. At Macroaxis, we take it even further. 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 investment seeks to track the total return performance, before fees and expenses, of the Benchmark Industrial Real Estate SCTR Index . Pacer Benchmark is traded on NYSEArca Exchange in the United States.

Things to note about Pacer Benchmark Indu

Checking the ongoing alerts about Pacer Benchmark for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pacer Benchmark Indu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Pacer Benchmark Alerts

Equity Alerts and Improvement Suggestions

Pacer Benchmark Indu is unlikely to experience financial distress in the next 2 years
The fund retains 99.66% of its assets under management (AUM) in equities
Please see Risk vs Return Analysis. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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 Indu underlying business (such as 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 Pacer Benchmark value 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.