ARK Market Value
| ARK Crypto | USD 0.56 0.06 12.00% |
| Symbol | ARK |
ARK 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ARK's crypto coin what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ARK.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in ARK on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding ARK or generate 0.0% return on investment in ARK over 30 days. ARK is related to or competes with Staked Ether, EigenLayer, Highstreet, Tokocrypto, and DIA. ARK is peer-to-peer digital currency powered by the Blockchain technology.
ARK Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ARK's crypto coin current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ARK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.35 | |||
| Information Ratio | 0.0773 | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 12.9 |
ARK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ARK's standard deviation. In reality, there are many statistical measures that can use ARK historical prices to predict the future ARK's volatility.| Risk Adjusted Performance | 0.0756 | |||
| Jensen Alpha | 0.5542 | |||
| Total Risk Alpha | 0.279 | |||
| Sortino Ratio | 0.0759 | |||
| Treynor Ratio | 0.5352 |
ARK Backtested Returns
ARK appears to be unreasonably risky, given 3 months investment horizon. ARK secures Sharpe Ratio (or Efficiency) of 0.0966, which signifies that digital coin had a 0.0966% return per unit of return volatility over the last 3 months. By reviewing ARK's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please makes use of ARK's Mean Deviation of 5.36, semi deviation of 6.2, and Risk Adjusted Performance of 0.0756 to double-check if our risk estimates are consistent with your expectations. The crypto shows a Beta (market volatility) of 1.11, which signifies a somewhat significant risk relative to the market. ARK returns are very sensitive to returns on the market. As the market goes up or down, ARK is expected to follow.
Auto-correlation | -0.37 |
Poor reverse predictability
ARK has poor reverse predictability. Overlapping area represents the amount of predictability between ARK time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ARK price movement. The serial correlation of -0.37 indicates that just about 37.0% of current ARK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ARK lagged returns against current returns
Autocorrelation, which is ARK crypto coin's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ARK's crypto coin expected returns. We can calculate the autocorrelation of ARK returns to help us make a trade decision. For example, suppose you find that ARK has exhibited high autocorrelation historically, and you observe that the crypto coin is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ARK regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ARK crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ARK crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ARK crypto coin over time.
Current vs Lagged Prices |
| Timeline |
ARK Lagged Returns
When evaluating ARK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ARK crypto coin have on its future price. ARK autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ARK autocorrelation shows the relationship between ARK crypto coin current value and its past values and can show if there is a momentum factor associated with investing in ARK.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ARK offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ARK's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ark Crypto.Check out ARK Correlation, ARK Volatility and Investing Opportunities module to complement your research on ARK. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
ARK technical crypto coin 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, crypto market cycles, or different charting patterns.