(INDS) Pacer Benchmark Industrial - Ratings and Ratios

The Pacer Benchmark Industrial Real Estate SCTR (INDS) is an ETF that focuses on the industrial real estate sector, comprising companies that derive a significant portion of their earnings or revenues from real estate operations, including self-storage. This investment vehicle is designed to capture the performance of developed markets companies with a strong presence in the industrial real estate space.

As a non-diversified fund, INDS concentrates its investments in a specific segment of the market, aiming to provide exposure to the industrial real estate sector. With at least 80% of its net assets invested in companies operating within this sector, the funds performance is closely tied to the fortunes of the industrial real estate market.

From a technical analysis perspective, INDS has demonstrated a recent uptrend, with its last price of $36.30 exceeding both its 20-day and 50-day simple moving averages (SMA20 and SMA50) of $35.85 and $35.89, respectively. However, the funds current price remains below its 200-day simple moving average (SMA200) of $38.04, indicating a potential long-term downtrend. The average true range (ATR) of 0.84, representing a 2.30% daily price movement, suggests moderate volatility.

Considering the current technical and fundamental data, a forecast for INDS can be constructed. With the industrial real estate sector experiencing growth driven by the rise of e-commerce and the need for efficient logistics and storage solutions, INDS is well-positioned to benefit from this trend. However, the current price is still below its 52-week high of $43.23, and the SMA200 is indicating a potential resistance level. If the fund can break through this resistance, it may continue its upward trajectory. Conversely, if it fails to gain momentum, it may remain range-bound or experience a decline. Based on the current data, a potential price target for INDS could be around $40.00, representing a 10% increase from its current price, assuming the industrial real estate sector continues to perform well and the funds AUM continues to attract investors.

With an AUM of $140.51M USD, INDS has a relatively modest asset base, which may impact its liquidity and trading costs. Nevertheless, its focus on a specific sector and its non-diversified nature may appeal to investors seeking targeted exposure to the industrial real estate market.