Ark 21shares Active Etf Cash Per Share
| ARKY Etf | 39.08 0.70 1.82% |
ARK 21Shares Active fundamentals help investors to digest information that contributes to ARK 21Shares' financial success or failures. It also enables traders to predict the movement of ARK Etf. The fundamental analysis module provides a way to measure ARK 21Shares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ARK 21Shares etf.
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ARK 21Shares Active ETF Cash Per Share Analysis
ARK 21Shares' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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In accordance with the recently published financial statements, ARK 21Shares Active has a Cash Per Share of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Digital Assets (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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About ARK 21Shares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ARK 21Shares Active's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ARK 21Shares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ARK 21Shares Active based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out ARK 21Shares Piotroski F Score and ARK 21Shares Altman Z Score analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of ARK 21Shares Active 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 21Shares' value that differs from its market value or its book value, called intrinsic value, which is ARK 21Shares' 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 21Shares' market value can be influenced by many factors that don't directly affect ARK 21Shares' 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 21Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK 21Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK 21Shares' 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.