Ark Next Generation Etf Performance
| ARKW Etf | USD 100.11 1.91 1.95% |
The etf shows a Beta (market volatility) of -0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ARK Next are expected to decrease at a much lower rate. During the bear market, ARK Next is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ARK Next Generation has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Etf's forward-looking signals remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the fund sophisticated investors. ...more
| In Threey Sharp Ratio | 0.25 |
ARK |
ARK Next Relative Risk vs. Return Landscape
If you would invest 11,184 in ARK Next Generation on December 23, 2024 and sell it today you would lose (1,173) from holding ARK Next Generation or give up 10.49% of portfolio value over 90 days. ARK Next Generation is currently does not generate positive expected returns and assumes 2.5796% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of etfs are less volatile than ARK, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ARK Next Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARK Next's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ARK Next Generation, and traders can use it to determine the average amount a ARK Next'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 = -0.0575
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ARKW |
Estimated Market Risk
| 2.58 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ARK Next 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 Next by adding ARK Next to a well-diversified portfolio.
ARK Next Fundamentals Growth
ARK Etf prices reflect investors' perceptions of the future prospects and financial health of ARK Next, and ARK Next 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 | 50.73 X | |||
| Price To Book | 4.04 X | |||
| Price To Sales | 4.63 X | |||
| Total Asset | 1.19 B | |||
About ARK Next Performance
Evaluating ARK Next's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ARK Next has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ARK Next has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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 next generation internet. Ark Next is traded on NYSEARCA Exchange in the United States.| ARK Next Generation generated a negative expected return over the last 90 days | |
| The fund holds 94.2% 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 Next Generation. 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 Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of ARK Next Generation 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 Next's value that differs from its market value or its book value, called intrinsic value, which is ARK Next'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 Next's market value can be influenced by many factors that don't directly affect ARK Next'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 Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK Next'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.