Pacer Pacific Asset Etf Profile
| FLRT Etf | USD 47.71 0.02 0.04% |
Performance27 of 100
| Odds Of DistressLess than 9
|
Pacer Pacific is selling for under 47.71 as of the 3rd of June 2024; that is 0.04 percent up since the beginning of the trading day. The etf's last reported lowest price was 47.68. Pacer Pacific has less than a 9 % chance of experiencing financial distress in the next few years and had a strong 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 5th of March 2024 and ending today, the 3rd of June 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
Moving together with Pacer Etf
| 0.76 | SRLN | SPDR Blackstone Senior | PairCorr |
| 0.75 | FTSL | First Trust Senior | PairCorr |
| 0.96 | FLBL | Franklin Liberty Senior | PairCorr |
| 0.68 | SEIX | Virtus ETF Trust | PairCorr |
| 0.96 | JBBB | Janus Detroit Street | PairCorr |
| 0.7 | PFRL | PGIM ETF Trust | PairCorr |
Moving against Pacer Etf
| 0.71 | CSCO | Cisco Systems Financial Report 21st of August 2024 | PairCorr |
Pacer Pacific Asset cannot be verified against its exchange. It appears that Pacer Pacific is not available for investing at the moment. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RefreshPacer Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Pacer Pacific's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pacer Pacific or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Bank Loan, Pacer (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 4.34 |
| Name | Pacer Pacific Asset Floating Rate High Income ETF |
| Currency Code | USD |
| Open Figi | BBG01357YF73 |
| In Threey Volatility | 4.88 |
| 1y Volatility | 2.67 |
| 200 Day M A | 47.1487 |
| 50 Day M A | 47.6784 |
| Code | FLRT |
| Updated At | 1st of June 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.54 |
| Type | ETF |
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. Pacer Pacific Asset currently have 74.37 M in assets under management (AUM). , while the total return for the last 3 years was 5.7%.
Check Pacer Pacific Probability Of Bankruptcy
Pacer Pacific Asset Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pacer Pacific market risk premium is the additional return an investor will receive from holding Pacer Pacific long position in a well-diversified portfolio. 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. Although Pacer Pacific's alpha and beta are two of the key measurements used to evaluate Pacer Pacific's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.174 | |||
| Jensen Alpha | 0.0298 | |||
| Total Risk Alpha | 0.0237 | |||
| Sortino Ratio | (0.03) |
Pacer Pacific Against Markets
Picking the right benchmark for Pacer Pacific etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pacer Pacific etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pacer Pacific is critical whether you are bullish or bearish towards Pacer Pacific Asset at a given time. Please also check how Pacer Pacific's historical prices are related to one of the top price index indicators.
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How to buy Pacer Etf?
Before investing in Pacer Pacific, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Pacer Pacific. To buy Pacer Pacific etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pacer Pacific. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Pacer Pacific etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pacer Pacific Asset etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Pacer Pacific Asset etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Pacer Pacific Asset, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Pacer Etf please use our How to Invest in Pacer Pacific guide.
Already Invested in Pacer Pacific Asset?
The danger of trading Pacer Pacific Asset is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pacer Pacific is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pacer Pacific. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pacer Pacific Asset is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.