Pacer Pacific is selling for under 47.63 as of the 28th of November 2024; that is 0.04 percent increase since the beginning of the trading day. The etf's last reported lowest price was 47.61. Pacer Pacific has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Pacer Pacific Asset are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund seeks to achieve its investment objective by selecting a focused portfolio comprised primarily of income-producing adjustable rate securities. Advisorshares Pacific is traded on NYSEARCA Exchange in the United States. More on Pacer Pacific Asset
Pacer Pacific Asset [FLRT] is traded in USA and was established 2015-02-18. The fund is listed under Bank Loan category and is part of Pacer family. The entity is thematically classified as Corporate ETFs. Pacer Pacific Asset currently have 74.37 M in assets under management (AUM). , while the total return for the last 3 years was 6.6%.
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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 Pacific. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Pacer Pacific Asset is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Pacer Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pacer Pacific Asset Etf. Highlighted below are key reports to facilitate an investment decision about Pacer Pacific Asset Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Pacer Pacific Asset. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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The market value of Pacer Pacific Asset 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 Pacific's value that differs from its market value or its book value, called intrinsic value, which is Pacer Pacific'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 Pacific's market value can be influenced by many factors that don't directly affect Pacer Pacific'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 Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Pacific'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.