Pacer Funds Trust Etf Equity Positions Weight
| PSFO Etf | USD 28.94 0.01 0.03% |
Pacer Funds Trust fundamentals help investors to digest information that contributes to Pacer Funds' financial success or failures. It also enables traders to predict the movement of Pacer Etf. The fundamental analysis module provides a way to measure Pacer Funds' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pacer Funds etf.
Pacer |
Pacer Funds Trust ETF Equity Positions Weight Analysis
Pacer Funds' Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Current Pacer Funds Equity Positions Weight | 198.60 % |
Most of Pacer Funds' fundamental indicators, such as Equity Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pacer Funds Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, Pacer Funds Trust has an Equity Positions Weight of 198%. This is much higher than that of the Pacer family and significantly higher than that of the Defined Outcome category. The equity positions weight for all United States etfs is notably lower than that of the firm.
Pacer Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pacer Funds' direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Pacer Funds could also be used in its relative valuation, which is a method of valuing Pacer Funds by comparing valuation metrics of similar companies.Pacer Funds is currently under evaluation in equity positions weight as compared to similar ETFs.
Fund Asset Allocation for Pacer Funds
The fund invests 198.6% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Pacer Funds' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Pacer Fundamentals
| Beta | 0.48 | |||
| Total Asset | 8.13 M | |||
| One Year Return | 15.20 % | |||
| Three Year Return | 10.90 % | |||
| Net Asset | 8.13 M | |||
| Equity Positions Weight | 198.60 % |
About Pacer Funds Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pacer Funds Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pacer Funds using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pacer Funds Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Pacer Funds
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pacer Funds position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pacer Funds will appreciate offsetting losses from the drop in the long position's value.Moving together with Pacer Etf
| 0.93 | BUFR | First Trust Cboe | PairCorr |
| 0.93 | BUFD | FT Cboe Vest | PairCorr |
| 0.91 | PSEP | Innovator SP 500 | PairCorr |
| 0.9 | PJAN | Innovator SP 500 | PairCorr |
Moving against Pacer Etf
The ability to find closely correlated positions to Pacer Funds could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pacer Funds when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pacer Funds - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pacer Funds Trust to buy it.
The correlation of Pacer Funds is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pacer Funds moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pacer Funds Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pacer Funds can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Pacer Funds Piotroski F Score and Pacer Funds Altman Z Score analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Pacer Funds Trust 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 Funds' value that differs from its market value or its book value, called intrinsic value, which is Pacer Funds' 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 Funds' market value can be influenced by many factors that don't directly affect Pacer Funds' 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 Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Funds' 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.