Cathie Wood predicts convergence of disruptive technologies like AI and blockchain - Seeking Alpha
| ARKX Etf | USD 20.84 0.28 1.36% |
Slightly above 54% of ARK Space's investors are presently thinking to get in. The current sentiment regarding investing in ARK Space Exploration etf implies that some traders are interested. ARK Space's investing sentiment can be driven by a variety of factors including economic data, ARK Space's earnings reports, geopolitical events, and overall market trends.
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Cathie Wood predicts convergence of disruptive technologies like AI and blockchain Seeking Alpha
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ARK Space Fundamental Analysis
We analyze ARK Space's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ARK Space using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ARK Space 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.
Total Asset
Total Asset Comparative Analysis
ARK Space is currently under evaluation in total asset as compared to similar ETFs. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
ARK Space Exploration Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ARK Space etf to make a market-neutral strategy. Peer analysis of ARK Space could also be used in its relative valuation, which is a method of valuing ARK Space by comparing valuation metrics with similar companies.
Peers
ARK Space Related Equities
| ARKF | ARK Fintech | 2.25 | ||||
| ARKW | ARK Next | 2.21 | ||||
| ARKG | ARK Genomic | 1.87 | ||||
| ARKQ | ARK Autonomous | 1.81 | ||||
| PRNT | 3D Printing | 1.26 |
Check out ARK Space Hype Analysis, ARK Space Correlation and ARK Space Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of ARK Space Exploration 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 Space's value that differs from its market value or its book value, called intrinsic value, which is ARK Space'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 Space's market value can be influenced by many factors that don't directly affect ARK Space'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 Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK Space'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.