ARK Innovation Financial Statements From 2010 to 2024
| ARKK Etf | USD 57.15 0.83 1.43% |
Check ARK Innovation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ARK Innovation's main balance sheet or income statement drivers, such as , as well as many indicators such as . ARK financial statements analysis is a perfect complement when working with ARK Innovation Valuation or Volatility modules.
ARK |
ARK Innovation ETF ETF Price To Earning Analysis
ARK Innovation's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current ARK Innovation Price To Earning | 58.81 X |
Most of ARK Innovation's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ARK Innovation ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, ARK Innovation ETF has a Price To Earning of 58 times. This is much higher than that of the ARK ETF Trust family and significantly higher than that of the Mid-Cap Growth category. The price to earning for all United States etfs is notably lower than that of the firm.
ARK Innovation ETF Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ARK Innovation's current stock value. Our valuation model uses many indicators to compare ARK Innovation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ARK Innovation competition to find correlations between indicators driving ARK Innovation's intrinsic value. More Info.ARK Innovation ETF is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.04 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ARK Innovation ETF is roughly 24.00 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ARK Innovation by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About ARK Innovation Financial Statements
ARK Innovation investors utilize fundamental indicators, such as revenue or net income, to predict how ARK Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The fund is an actively-managed exchange-traded fund that will invest under normal circumstances primarily in domestic and foreign equity securities of companies that are relevant to the funds investment theme of disruptive innovation. Ark Innovation is traded on NYSEARCA Exchange in the United States.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of ARK Innovation Correlation against competitors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of ARK Innovation ETF is measured differently than its book value, which is the value of ARK that is recorded on the company's balance sheet. Investors also form their own opinion of ARK Innovation's value that differs from its market value or its book value, called intrinsic value, which is ARK Innovation'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 ARK Innovation's market value can be influenced by many factors that don't directly affect ARK Innovation'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 ARK Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK Innovation'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.