Pacer Nasdaq 100 Etf Market Value
| QQQG Etf | 23.37 0.01 0.04% |
| Symbol | Pacer |
The market value of Pacer Nasdaq 100 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 Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Pacer Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect Pacer Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Nasdaq'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 Nasdaq '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 Nasdaq'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 Nasdaq.
| 05/16/2025 |
| 08/14/2025 |
If you would invest 0.00 in Pacer Nasdaq on May 16, 2025 and sell it all today you would earn a total of 0.00 from holding Pacer Nasdaq 100 or generate 0.0% return on investment in Pacer Nasdaq over 90 days. Pacer Nasdaq is related to or competes with FT Vest, Northern Lights, Dimensional International, JPMorgan Fundamental, Davis Select, First Trust, and ProShares Trust. Pacer Nasdaq is entity of United States. It is traded as Etf on NASDAQ exchange. More
Pacer Nasdaq 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 Nasdaq'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 Nasdaq 100 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8227 | |||
| Information Ratio | 0.0511 | |||
| Maximum Drawdown | 5.21 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 2.09 |
Pacer Nasdaq Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Nasdaq's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacer Nasdaq's standard deviation. In reality, there are many statistical measures that can use Pacer Nasdaq historical prices to predict the future Pacer Nasdaq's volatility.| Risk Adjusted Performance | 0.147 | |||
| Jensen Alpha | 0.0659 | |||
| Total Risk Alpha | 0.0185 | |||
| Sortino Ratio | 0.0625 | |||
| Treynor Ratio | 0.1972 |
Pacer Nasdaq 100 Backtested Returns
At this point, Pacer Nasdaq is very steady. Pacer Nasdaq 100 maintains Sharpe Ratio (i.e., Efficiency) of 0.0998, which implies the entity had a 0.0998 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Pacer Nasdaq 100, which you can use to evaluate the volatility of the etf. Please check Pacer Nasdaq's Risk Adjusted Performance of 0.147, coefficient of variation of 547.31, and Semi Deviation of 0.5664 to confirm if the risk estimate we provide is consistent with the expected return of 0.0898%. The etf holds a Beta of 0.88, which implies possible diversification benefits within a given portfolio. Pacer Nasdaq returns are very sensitive to returns on the market. As the market goes up or down, Pacer Nasdaq is expected to follow.
Auto-correlation | 0.16 |
Very weak predictability
Pacer Nasdaq 100 has very weak predictability. Overlapping area represents the amount of predictability between Pacer Nasdaq time series from 16th of May 2025 to 30th of June 2025 and 30th of June 2025 to 14th of August 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 Nasdaq 100 price movement. The serial correlation of 0.16 indicates that over 16.0% of current Pacer Nasdaq price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Pacer Nasdaq 100 lagged returns against current returns
Autocorrelation, which is Pacer Nasdaq 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 Nasdaq's etf expected returns. We can calculate the autocorrelation of Pacer Nasdaq returns to help us make a trade decision. For example, suppose you find that Pacer Nasdaq 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 Nasdaq 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 Nasdaq etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacer Nasdaq etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacer Nasdaq etf over time.
Current vs Lagged Prices |
| Timeline |
Pacer Nasdaq Lagged Returns
When evaluating Pacer Nasdaq's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacer Nasdaq etf have on its future price. Pacer Nasdaq 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 Nasdaq autocorrelation shows the relationship between Pacer Nasdaq etf current value and its past values and can show if there is a momentum factor associated with investing in Pacer Nasdaq 100.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Pacer Nasdaq 100 is a strong investment it is important to analyze Pacer Nasdaq'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 Nasdaq's future performance. For an informed investment choice regarding Pacer Etf, refer to the following important reports:Check out Pacer Nasdaq Correlation, Pacer Nasdaq Volatility and Pacer Nasdaq Alpha and Beta module to complement your research on Pacer Nasdaq. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Pacer Nasdaq 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.