ARK Innovation Financials
| ARKK Etf | USD 67.02 0.00 0.00% |
Net Expense Ratio 0.0075 | 3 y Sharp Ratio (0.01) |
ARK |
The data published in ARK Innovation's official financial statements typically reflect ARK Innovation's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving ARK Innovation's quantitative information. For example, before you start analyzing numbers published by ARK accountants, it's essential to understand ARK Innovation's liquidity, profitability, and earnings quality within the context of the ARK ETF Trust space in which it operates.
ARK Innovation Etf Summary
ARK Innovation competes with IShares Dividend, Martin Currie, VictoryShares THB, AdvisorShares Gerber, and Amplify ETF. 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.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US00214Q1040 |
| CUSIP | 00214Q104 |
| Region | Global |
| Investment Issuer | ARK |
| Etf Family | ARK ETF Trust |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ARK Innovation Key Financial Ratios
ARK Financial Ratios 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.ARK Innovation ETF Systematic Risk
ARK Innovation's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ARK Innovation volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on ARK Innovation ETF correlated with the market. If Beta is less than 0 ARK Innovation generally moves in the opposite direction as compared to the market. If ARK Innovation Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ARK Innovation ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ARK Innovation is generally in the same direction as the market. If Beta > 1 ARK Innovation moves generally in the same direction as, but more than the movement of the benchmark.
ARK Innovation Thematic Clasifications
ARK Innovation ETF is part of several thematic ideas from Theme ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasARK Innovation February 17, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ARK Innovation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ARK Innovation ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of ARK Innovation ETF based on widely used predictive technical indicators. In general, we focus on analyzing ARK Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ARK Innovation's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.143 | |||
| Maximum Drawdown | 14.01 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 4.01 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARK Innovation ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.