Pacer Solactive Whitney Etf Market Value
| FOWF Etf | 31.42 0.08 0.25% |
| Symbol | Pacer |
The market value of Pacer Solactive Whitney 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 Solactive's value that differs from its market value or its book value, called intrinsic value, which is Pacer Solactive'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 Solactive's market value can be influenced by many factors that don't directly affect Pacer Solactive'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 Solactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Solactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Solactive'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.
Pacer Solactive 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pacer Solactive's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pacer Solactive.
| 07/01/2025 |
| 12/28/2025 |
If you would invest 0.00 in Pacer Solactive on July 1, 2025 and sell it all today you would earn a total of 0.00 from holding Pacer Solactive Whitney or generate 0.0% return on investment in Pacer Solactive over 180 days. Pacer Solactive is related to or competes with IShares Breakthrough, Amplify Samsung, Guinness Atkinson, Acruence Active, IShares Trust, Harbor ETF, and Spinnaker ETF. More
Pacer Solactive Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pacer Solactive's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pacer Solactive Whitney upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.877 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.09 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.28 |
Pacer Solactive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Solactive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacer Solactive's standard deviation. In reality, there are many statistical measures that can use Pacer Solactive historical prices to predict the future Pacer Solactive's volatility.| Risk Adjusted Performance | 0.0214 | |||
| Jensen Alpha | 0.008 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.2151 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pacer Solactive's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Pacer Solactive Whitney Backtested Returns
At this point, Pacer Solactive is very steady. Pacer Solactive Whitney maintains Sharpe Ratio (i.e., Efficiency) of 0.0294, which implies the entity had a 0.0294 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Pacer Solactive Whitney, which you can use to evaluate the volatility of the etf. Please check Pacer Solactive's Risk Adjusted Performance of 0.0214, semi deviation of 0.7832, and Coefficient Of Variation of 3404.03 to confirm if the risk estimate we provide is consistent with the expected return of 0.0224%. The etf holds a Beta of 0.0575, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pacer Solactive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacer Solactive is expected to be smaller as well.
Auto-correlation | -0.23 |
Weak reverse predictability
Pacer Solactive Whitney has weak reverse predictability. Overlapping area represents the amount of predictability between Pacer Solactive time series from 1st of July 2025 to 29th of September 2025 and 29th of September 2025 to 28th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pacer Solactive Whitney price movement. The serial correlation of -0.23 indicates that over 23.0% of current Pacer Solactive price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Pacer Solactive Whitney lagged returns against current returns
Autocorrelation, which is Pacer Solactive etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pacer Solactive's etf expected returns. We can calculate the autocorrelation of Pacer Solactive returns to help us make a trade decision. For example, suppose you find that Pacer Solactive has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Pacer Solactive regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pacer Solactive etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacer Solactive etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacer Solactive etf over time.
Current vs Lagged Prices |
| Timeline |
Pacer Solactive Lagged Returns
When evaluating Pacer Solactive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacer Solactive etf have on its future price. Pacer Solactive autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pacer Solactive autocorrelation shows the relationship between Pacer Solactive etf current value and its past values and can show if there is a momentum factor associated with investing in Pacer Solactive Whitney.
Regressed Prices |
| Timeline |
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Check out Pacer Solactive Correlation, Pacer Solactive Volatility and Pacer Solactive Alpha and Beta module to complement your research on Pacer Solactive. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Pacer Solactive technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.