Ark Autonomous Technology Etf Profile

ARKQ Etf  USD 58.32  0.72  1.22%   

Performance

15 of 100

 
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Odds Of Distress

Less than 9

 
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Low
ARK Autonomous is selling at 58.32 as of the 19th of July 2024; that is 1.22 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 58.01. ARK Autonomous has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ARK Autonomous Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of June 2024 and ending today, the 19th of July 2024. 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 autonomous technology and robotics companies that are relevant to the funds investment theme of disruptive innovation. More on ARK Autonomous Technology

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Moving against ARK Etf

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ARK Etf Highlights

Thematic Ideas
Showing 3 out of 5 themes
Business ConcentrationDriverless Cars, Strategy ETFs, Theme ETFs, Disruptive Technologies, Artificial Intelligence, Technology, ARK ETF Trust (View all Sectors)
IssuerARK
Inception Date2014-09-30
Entity TypeRegulated Investment Company
Asset Under Management863.41 Million
Average Trading Valume105,741.9
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of NewYork Mellon Corporation
AdvisorARK Investment Management LLC
CustodianThe Bank of NewYork Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerCatherine Wood
Transfer AgentThe Bank of NewYork Mellon Corporation
Fiscal Year End31-Jul
ExchangeCboe BZX Exchange, Inc.
Number of Constituents38.0
Market MakerJane Street
Total Expense0.75
Management Fee0.75
Country NameUSA
Returns Y T D0.95
NameARK Autonomous Technology Robotics ETF
Currency CodeUSD
Open FigiBBG0077Q7038
In Threey Volatility28.82
1y Volatility24.2
200 Day M A54.0227
50 Day M A55.8754
CodeARKQ
Updated At19th of July 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.48)
ARK Autonomous Technology [ARKQ] is traded in USA and was established 2014-09-30. The fund is listed under Technology category and is part of ARK ETF Trust family. The entity is thematically classified as Driverless Cars. ARK Autonomous Technology presently have 941.17 M in assets under management (AUM). , while the total return for the last 3 years was -9.2%.
Check ARK Autonomous 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 Autonomous Technology 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 Autonomous Technology Etf Constituents

TWOU2U IncStockInformation Technology
BYDDYBYD Co LtdPink SheetConsumer Discretionary
BIDUBaidu IncStockCommunication Services
NVDANVIDIAStockInformation Technology
SPLKSplunk IncStockInformation Technology
PRLBProto LabsStockIndustrials
FANUYFanucPink SheetSpecialty Industrial Machinery
TCEHYTencent Holdings LtdPink SheetInternet Content & Information
More Details

ARK Autonomous Technology Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ARK Autonomous market risk premium is the additional return an investor will receive from holding ARK Autonomous 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 Autonomous. 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 Autonomous' alpha and beta are two of the key measurements used to evaluate ARK Autonomous' performance over the market, the standard measures of volatility play an important role as well.

ARK Autonomous Against Markets

Additional Information and Resources on Investing in ARK Etf

When determining whether ARK Autonomous Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ARK Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ark Autonomous Technology Etf. Highlighted below are key reports to facilitate an investment decision about Ark Autonomous Technology Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARK Autonomous Technology. 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of ARK Autonomous Technology 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 Autonomous' value that differs from its market value or its book value, called intrinsic value, which is ARK Autonomous' 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 Autonomous' market value can be influenced by many factors that don't directly affect ARK Autonomous' 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 Autonomous' value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK Autonomous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK Autonomous' 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.