Ark Innovation Etf Price on September 19, 2024
| ARKK Etf | USD 56.00 3.08 5.21% |
If you're considering investing in ARK Etf, it is important to understand the factors that can impact its price. As of today, the current price of ARK Innovation stands at 56.00, as last reported on the 26th of February, with the highest price reaching 58.26 and the lowest price hitting 55.09 during the day. ARK Innovation ETF secures Sharpe Ratio (or Efficiency) of -0.0115, which signifies that the etf had a -0.0115 % return per unit of return volatility over the last 3 months. ARK Innovation ETF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ARK Innovation's Risk Adjusted Performance of 0.0067, coefficient of variation of (159,277), and Mean Deviation of 1.94 to double-check the risk estimate we provide.
ARK Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ARK |
Sharpe Ratio = -0.0115
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| Negative Returns | ARKK |
Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ARK Innovation is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ARK Innovation by adding ARK Innovation to a well-diversified portfolio.
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ARK Innovation Valuation on September 19, 2024
It is possible to determine the worth of ARK Innovation on a given historical date. On September 19, 2024 ARK was worth 47.69 at the beginning of the trading date compared to the closed value of 47.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARK Innovation etf. Still, in general, we apply an absolute valuation method to find ARK Innovation's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ARK Innovation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARK Innovation's related companies.
| Open | High | Low | Close | Volume | |
| 46.13 | 47.65 | 45.91 | 46.18 | 9,655,700 | |
09/19/2024 | 47.69 | 48.11 | 47.16 | 47.42 | 7,075,400 |
| 47.10 | 47.22 | 46.31 | 46.90 | 5,751,600 |
| Backtest ARK Innovation | | | ARK Innovation History | | | ARK Innovation Valuation | Previous | Next |
ARK Innovation Trading Date Momentum on September 19, 2024
| On September 20 2024 ARK Innovation ETF was traded for 46.90 at the closing time. The top price for the day was 47.22 and the lowest listed price was 46.31 . The trading volume for the day was 5.8 M. The trading history from September 20, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.10% . The overall trading delta against the current closing price is 0.38% . |
ARK Innovation ETF Fundamentals Correlations and Trends
By evaluating ARK Innovation's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ARK Innovation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ARK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ARK Innovation Etf history
ARK Innovation investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ARK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ARK Innovation ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ARK Innovation stock prices may prove useful in developing a viable investing in ARK Innovation
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.
ARK Innovation Etf Technical Analysis
ARK Innovation 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.
Price Boundaries
ARK Innovation Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
ARK Innovation ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ARK Innovation February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how ARK Innovation etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ARK Innovation shares will generate the highest return on investment. By undertsting and applying ARK Innovation etf market strength indicators, traders can identify ARK Innovation ETF entry and exit signals to maximize returns
ARK Innovation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ARK Innovation's price direction in advance. Along with the technical and fundamental analysis of ARK Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ARK to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0067 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.04) |
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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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.