Pacer Cfra Stovall Equal Etf Profile
| SZNE Etf | USD 36.92 0.17 0.46% |
Performance4 of 100
| Odds Of DistressLess than 9
|
Pacer CFRA is trading at 36.92 as of the 19th of April 2024, a -0.46 percent down since the beginning of the trading day. The etf's lowest day price was 36.92. Pacer CFRA has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Pacer CFRA Stovall Equal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The index uses an objective, rules-based methodology to track the performance of a semi-annual rotation of certain sectors within the SP 500 Equal Weight Index. Pacer Cfra-Stovall is traded on NYSEARCA Exchange in the United States. More on Pacer CFRA Stovall Equal
Moving together with Pacer Etf
| 0.99 | VTI | Vanguard Total Stock | PairCorr |
| 0.96 | SPY | SPDR SP 500 | PairCorr |
| 0.98 | IVV | iShares Core SP | PairCorr |
| 0.97 | VIG | Vanguard Dividend | PairCorr |
| 0.96 | VV | Vanguard Large Cap | PairCorr |
| 0.97 | RSP | Invesco SP 500 Sell-off Trend | PairCorr |
| 0.99 | IWB | iShares Russell 1000 | PairCorr |
Pacer 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 CFRA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pacer CFRA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Blend, Pacer (View all Sectors) |
| Issuer | Pacer Financial |
| Inception Date | 2018-07-23 |
| Benchmark | CFRA-Stovall Equal Weight Seasonal Rotation Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 42.84 Million |
| Average Trading Valume | 3,203.2 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Pacer Advisors, Inc. |
| Custodian | U.S. Bank, N.A. |
| Distributor | Pacer Financial, Inc. |
| Portfolio Manager | Bruce Kavanaugh, Michael Mack |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 226 |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.6 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | 2.18 |
| Name | Pacer CFRA-Stovall Equal Weight Seasonal Rotation |
| Currency Code | USD |
| Open Figi | BBG00LGRG151 |
| In Threey Volatility | 18.07 |
| 1y Volatility | 19.8 |
| 200 Day M A | 35.2111 |
| 50 Day M A | 38.0448 |
| Code | SZNE |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
Pacer CFRA Stovall Equal [SZNE] is traded in USA and was established 2018-07-23. The fund is listed under Large Blend category and is part of Pacer family. The entity is thematically classified as Size And Style ETFs. Pacer CFRA Stovall at this time have 68.37 M in assets. , while the total return for the last 3 years was 1.1%.
Check Pacer CFRA Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pacer Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pacer Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pacer CFRA Stovall Equal Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Pacer CFRA Stovall Equal Etf Constituents
| WMT | Walmart | Stock | Consumer Staples |
| KMB | Kimberly Clark | Stock | Consumer Staples |
| NUE | Nucor Corp | Stock | Materials |
| HRL | Hormel Foods | Stock | Consumer Staples |
| MDLZ | Mondelez International | Stock | Consumer Staples |
| EMN | Eastman Chemical | Stock | Materials |
| EL | Estee Lauder Companies | Stock | Consumer Staples |
Pacer CFRA Target Price Odds Analysis
What are Pacer CFRA's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Pacer CFRA jumping above the current price in 90 days from now is about 67.69%. The Pacer CFRA Stovall Equal probability density function shows the probability of Pacer CFRA etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.2808. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Pacer CFRA will likely underperform. Additionally, pacer CFRA Stovall Equal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Pacer CFRA to move above the current price in 90 days from now is about 67.69 (This Pacer CFRA Stovall Equal probability density function shows the probability of Pacer Etf to fall within a particular range of prices over 90 days) .
Pacer CFRA Stovall Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pacer CFRA market risk premium is the additional return an investor will receive from holding Pacer CFRA 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 CFRA. 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 CFRA's alpha and beta are two of the key measurements used to evaluate Pacer CFRA's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0562 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0049 |
Pacer CFRA Against Markets
Picking the right benchmark for Pacer CFRA 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 CFRA 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 CFRA is critical whether you are bullish or bearish towards Pacer CFRA Stovall Equal at a given time. Please also check how Pacer CFRA's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Pacer CFRA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Pacer Etf?
Before investing in Pacer CFRA, 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 CFRA. To buy Pacer CFRA etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pacer CFRA. 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 CFRA etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pacer CFRA Stovall Equal 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 CFRA Stovall Equal 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 CFRA Stovall Equal, 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 CFRA guide.
Already Invested in Pacer CFRA Stovall Equal?
The danger of trading Pacer CFRA Stovall Equal 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 CFRA 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 CFRA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pacer CFRA Stovall 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 CFRA Stovall is a strong investment it is important to analyze Pacer CFRA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pacer CFRA's future performance. For an informed investment choice regarding Pacer Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Pacer CFRA Stovall Equal. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Pacer CFRA Stovall 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 CFRA's value that differs from its market value or its book value, called intrinsic value, which is Pacer CFRA'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 CFRA's market value can be influenced by many factors that don't directly affect Pacer CFRA'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 CFRA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer CFRA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer CFRA'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.