Ark Innovation Etf Performance
| ARKK Etf | USD 57.15 0.95 1.69% |
The etf shows a Beta (market volatility) of 2.1, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ARK Innovation will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ARK Innovation ETF are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite quite weak forward-looking signals, ARK Innovation disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
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| In Threey Sharp Ratio | -0.60 |
ARK |
ARK Innovation Relative Risk vs. Return Landscape
If you would invest 4,482 in ARK Innovation ETF on August 30, 2024 and sell it today you would earn a total of 1,233 from holding ARK Innovation ETF or generate 27.51% return on investment over 90 days. ARK Innovation ETF is currently generating 0.4125% in daily expected returns and assumes 2.3097% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of etfs are less volatile than ARK, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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ARK Innovation Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARK Innovation's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ARK Innovation ETF, and traders can use it to determine the average amount a ARK Innovation's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1786
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average ARK Innovation is performing at about 14% of its full potential. 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 it to a well-diversified portfolio.
ARK Innovation Fundamentals Growth
ARK Etf prices reflect investors' perceptions of the future prospects and financial health of ARK Innovation, and ARK Innovation fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ARK Etf performance.
| Price To Earning | 58.81 X | |||
| Price To Book | 2.45 X | |||
| Price To Sales | 3.83 X | |||
| Total Asset | 7.67 B | |||
About ARK Innovation Performance
By examining ARK Innovation's fundamental ratios, stakeholders can obtain critical insights into ARK Innovation's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ARK Innovation is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.| Latest headline from benzinga.com: 3 ETFs With PLTR Exposure To Consider As Nasdaq-100 Rebalance Looms | |
| The fund created three year return of -19.0% | |
| ARK Innovation ETF holds 99.62% of its assets under management (AUM) in equities |
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.