Circular Text Positioning

There are four available positions,
  1. 1.
    Top
  2. 2.
    Bottom
  3. 3.
    Left
  4. 4.
    Right
Setting the Arc Position to one of this values will position the text based on this anchor position.
Arc Position set to Bottom

There are three alignment options,
  1. 1.
    Left
  2. 2.
    Center (default)
  3. 3.
    Right
This option allows you to decide how to align your text based on the anchor position.
Position: Bottom, Alignment: Center
Position: Bottom, Alignment: Left
Position: Bottom, Alignment: Right

Certain fonts don't align correctly because the length of the text can be inaccurate. This usually happens with custom font which usually doesn't contain the right metadata.
To work around this, you can set an offset to align your text properly.
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On this page
Understanding Arc Position and Alignment
Manual Adjustment