ARK Etf Profile

Etfs . USA . 
Etf . ARK Innovation ETF
ARKK Etf  USD 42.52  0.00  0.00%   

Market Performance

9 of 100

 
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Odds Of Distress

Less than 1

 
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ARK Innovation is selling for 42.52 as of the 9th of June 2023. This is a No Change since the beginning of the trading day. The etf's last reported lowest price was 42.44. ARK Innovation has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for ARK Innovation ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of December 2022 and ending today, the 9th of June 2023. Click here to learn more.
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.. More on ARK Innovation ETF

Moving together with ARK Etf

+0.72VXFVanguard Extended MarketPairCorr
+0.67VOTVanguard Mid-Cap GrowthPairCorr
+0.64IWPIShares Russell Mid-CapPairCorr
+0.75KOMPSPDR Kensho NewPairCorr

ARK Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ARK Innovation's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ARK Innovation or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Old NameArk Innovation Etf
Thematic Ideas
(view all).
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ARK Innovation's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldOvervalued
IssuerARK
Inception Date2014-10-30
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management7.76 Billion
Average Trading Valume26.47 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorARK Investment Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerCatherine D. Wood
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents30.0
Market MakerJane Street
Total Expense0.75
Management Fee0.75
Nav Price34.99
Two Hundred Day Average47.2
Ytd-61.94%
Average Daily Volume In Three Month24.7M
Fifty Two Week Low32.51
As Of Date25th of November 2022
Average Daily Volume Last 10 Day20.97M
Fifty Two Week High106.98
One Month-4.69%
Fifty Day Average37.19
Three Month-21.29%
Beta In Three Year1.5
ARK Innovation ETF [ARKK] is traded in USA and was established 2014-10-30. The fund is listed under Mid-Cap Growth category and is part of ARK ETF Trust family. The entity is thematically classified as Strategy ETFs. ARK Innovation ETF presently have 7.67 B in assets under management (AUM). , while the total return for the last 3 years was -9.23%.
Check ARK Innovation Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ARK Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ARK Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ARK Innovation ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top ARK Innovation ETF Etf Constituents

NTLAIntellia TherapeuticsStockHealth Care
PSTGPure StorageStockInformation Technology
NSTGNanoString TechnologiesStockHealth Care
BIDUBaidu IncStockCommunication Services
TSLATesla IncStockConsumer Discretionary
ZMZoom Video CommunicationsStockInformation Technology
NFLXNetflixStockCommunication Services
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ARK Innovation Target Price Odds Analysis

Proceeding from a normal probability distribution, the odds of ARK Innovation jumping above the current price in 90 days from now is about 1.03%. The ARK Innovation ETF probability density function shows the probability of ARK Innovation etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.487. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ARK Innovation will likely underperform. Additionally, the company has an alpha of 0.1544, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 42.52HorizonTargetOdds Above 42.52
98.95%90 days
 42.52 
1.03%
Based on a normal probability distribution, the odds of ARK Innovation to move above the current price in 90 days from now is about 1.03 (This ARK Innovation ETF probability density function shows the probability of ARK Etf to fall within a particular range of prices over 90 days) .

ARK Innovation Top Holders

HCMIXHCM TACTICAL GROWTHMutual FundLarge Blend
HCMGXHCM TACTICAL GROWTHMutual FundLarge Growth
HCMSXHCM TACTICAL GROWTHMutual FundLarge Growth
HCMEXHCM Income PlusMutual FundAllocation--50% to 70% Equity
HCMLXHCM Income PlusMutual FundAllocation--30% to 50% Equity
HCMKXHCM Income PlusMutual FundAllocation--50% to 70% Equity
WIZAlpha Architect MerlynAIEtfAllocation--70% to 85% Equity
More Details

ARK Innovation Major Institutional Holders

Institutional Holdings refers to the ownership stake in ARK Innovation that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ARK Innovation's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ARK Innovation's value.
InstituionLast TransactionTypeSharesValue
Morgan Stanley2023-03-31Fund Units9.6 M387.7 M
Shanda Asset Management Holdings Ltd2023-03-31Fund Units8.1 M324.8 M
Wells Fargo Company2023-03-31Fund Units7.6 M305 M
Susquehanna International Group Llp2023-03-31Put Options5 M201 M
Jane Street Group Llc2023-03-31Put Options4.6 M187.1 M
Lpl Financial Llc2023-03-31Fund Units3.6 M143.5 M
Deer Park Road Corp2023-03-31Put Options3.5 M141.2 M
Goldman Sachs Group Inc2023-03-31Put Options2.8 M114.9 M
Two Sigma Advisers Lp2023-03-31Fund Units2.5 M102.3 M
Two Sigma Investments Lp2023-03-31Fund Units2.3 M90.9 M
Group One Trading Lp2023-03-31Put Options2 M82.3 M
View ARK Innovation Diagnostics

ARK Innovation ETF Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ARK Innovation market risk premium is the additional return an investor will receive from holding ARK Innovation long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ARK Innovation. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ARK Innovation's alpha and beta are two of the key measurements used to evaluate ARK Innovation's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation1.85
Semi Deviation2.11
Standard Deviation2.33
Variance5.42

ARK Innovation ETF Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. ARK Innovation ETF Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe ARK Innovation price patterns.
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ARK Innovation Against Markets

Picking the right benchmark for ARK Innovation etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ARK Innovation etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ARK Innovation is critical whether you are bullish or bearish towards ARK Innovation ETF at a given time. Please also check how ARK Innovation's historical prices are related to one of the top price index indicators.
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Be your own money manager

Our tools can tell you how much better you can do entering a position in ARK Innovation without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy ARK Etf?

Before investing in ARK Innovation, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ARK Innovation. To buy ARK Innovation etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ARK Innovation. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ARK Innovation etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ARK Innovation ETF etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ARK Innovation ETF etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as ARK Innovation ETF, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ARK Etf please use our How to Invest in ARK Innovation guide.

Already Invested in ARK Innovation ETF?

The danger of trading ARK Innovation ETF is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ARK Innovation is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ARK Innovation. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ARK Innovation ETF is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as various price indices. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for ARK Etf analysis

When running ARK Innovation's price analysis, check to measure ARK Innovation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ARK Innovation is operating at the current time. Most of ARK Innovation's value examination focuses on studying past and present price action to predict the probability of ARK Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ARK Innovation's price. Additionally, you may evaluate how the addition of ARK Innovation to your portfolios can decrease your overall portfolio volatility.
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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.
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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.
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