Pacer Financial Etf Beta
Pacer Financial fundamentals help investors to digest information that contributes to Pacer Financial's 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 Financial's 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 Financial etf.
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Pacer Financial ETF Beta Analysis
Pacer Financial's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Pacer Financial Beta | 2.05 |
Most of Pacer Financial's fundamental indicators, such as Beta, 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 Financial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, Pacer Financial has a Beta of 2.05. This is much higher than that of the Pacer family and significantly higher than that of the Large Blend category. The beta for all United States etfs is notably lower than that of the firm.
Pacer Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pacer Financial's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Pacer Financial could also be used in its relative valuation, which is a method of valuing Pacer Financial by comparing valuation metrics of similar companies.Pacer Financial is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for Pacer Financial
The fund invests 99.74% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Pacer Financial's 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.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pacer Financial will likely underperform.
Pacer Fundamentals
| Return On Asset | 5.77 | |||
| Profit Margin | 13.62 % | |||
| Operating Margin | 19.51 % | |||
| Current Valuation | 3.42 B | |||
| Shares Outstanding | 840.3 M | |||
| Shares Owned By Insiders | 4.92 % | |||
| Shares Owned By Institutions | 7.30 % | |||
| Number Of Shares Shorted | 1.23 M | |||
| Price To Earning | 4.16 X | |||
| Price To Book | 0.49 X | |||
| Price To Sales | 0.57 X | |||
| Revenue | 8.02 B | |||
| Gross Profit | 1.79 B | |||
| EBITDA | 2.02 B | |||
| Net Income | 1.09 B | |||
| Cash And Equivalents | 4.76 B | |||
| Cash Per Share | 5.66 X | |||
| Total Debt | 3.64 B | |||
| Debt To Equity | 0.30 % | |||
| Current Ratio | 2.61 X | |||
| Cash Flow From Operations | 1.32 B | |||
| Short Ratio | 2.20 X | |||
| Earnings Per Share | 1.30 X | |||
| Price To Earnings To Growth | 0.26 X | |||
| Number Of Employees | 13.47 K | |||
| Beta | 2.05 | |||
| Market Capitalization | 4.55 B | |||
| Total Asset | 11.67 M | |||
| Retained Earnings | 5.54 B | |||
| Working Capital | 5.63 B | |||
| Current Asset | 8.91 B | |||
| Current Liabilities | 3.28 B | |||
| Z Score | 0.6 | |||
| One Year Return | 67.62 % | |||
| Three Year Return | 22.07 % | |||
| Net Asset | 11.67 M | |||
| Last Dividend Paid | 0.3 | |||
| Equity Positions Weight | 99.74 % |
Thematic Opportunities
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Tools for Pacer Etf
When running Pacer Financial's price analysis, check to measure Pacer Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pacer Financial is operating at the current time. Most of Pacer Financial's value examination focuses on studying past and present price action to predict the probability of Pacer Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacer Financial's price. Additionally, you may evaluate how the addition of Pacer Financial to your portfolios can decrease your overall portfolio volatility.
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