The 3d Printing Etf Profile
| PRNT Etf | USD 21.28 0.19 0.90% |
Performance0 of 100
| Odds Of DistressLess than 9
|
3D Printing is selling for under 21.28 as of the 24th of April 2024; that is 0.90 percent increase since the beginning of the trading day. The etf's last reported lowest price was 20.88. 3D Printing has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for The 3D Printing are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that are included in the funds benchmark index, depositary receipts representing securities included in the index or underlying stocks in respect of depositary receipts included in the index. More on The 3D Printing
Moving together with PRNT Etf
| 0.62 | XLK | Technology Select Sector | PairCorr |
| 0.61 | CIBR | First Trust NASDAQ | PairCorr |
PRNT 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. 3D Printing's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 3D Printing or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Theme ETFs, Strategy ETFs, Technology, ARK ETF Trust (View all Sectors) |
| Issuer | ARK |
| Inception Date | 2016-07-18 |
| Benchmark | Total 3D-Printing Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 120.36 Million |
| Average Trading Valume | 25,261.8 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | ARK Investment Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Catherine D. Wood |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Mar |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 66.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.66 |
| Management Fee | 0.65 |
| Country Name | USA |
| Returns Y T D | (10.24) |
| Name | The 3D Printing ETF |
| Currency Code | USD |
| Open Figi | BBG00D3D1DC6 |
| In Threey Volatility | 26.07 |
| 1y Volatility | 29.97 |
| 200 Day M A | 21.5586 |
| 50 Day M A | 22.0301 |
| Code | PRNT |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
The 3D Printing [PRNT] is traded in USA and was established 2016-07-18. The fund is listed under Technology category and is part of ARK ETF Trust family. The entity is thematically classified as Theme ETFs. 3D Printing at this time have 176.65 M in assets. , while the total return for the last 3 years was -17.9%.
Check 3D Printing 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 PRNT Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding PRNT 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 The 3D Printing 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.
3D Printing Currency Exposure
The 3D Printing holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of 3D Printing will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in The 3D Printing.
Top The 3D Printing Etf Constituents
| ONVO | Organovo Holdings | Stock | Health Care |
| ADSK | Autodesk | Stock | Information Technology |
| ALTR | Altair Engineering | Stock | Information Technology |
| ANSS | ANSYS Inc | Stock | Information Technology |
| DDD | 3D Systems | Stock | Industrials |
| HPQ | HP Inc | Stock | Information Technology |
| MSFT | Microsoft | Stock | Information Technology |
3D Printing Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of 3D Printing jumping above the current price in 90 days from now is under 95%. The The 3D Printing probability density function shows the probability of 3D Printing etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days 3D Printing has a beta of 0.4399 indicating as returns on the market go up, 3D Printing average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The 3D Printing will be expected to be much smaller as well. Additionally, the 3D Printing has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of 3D Printing to move above the current price in 90 days from now is under 95 (This The 3D Printing probability density function shows the probability of PRNT Etf to fall within a particular range of prices over 90 days) .
3D Printing Top Holders
| ARKX | ARK Space Exploration | Etf | Mid-Cap Growth |
3D Printing Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. 3D Printing market risk premium is the additional return an investor will receive from holding 3D Printing 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 3D Printing. 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 3D Printing's alpha and beta are two of the key measurements used to evaluate 3D Printing's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9596 | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.47 | |||
| Risk Adjusted Performance | (0.02) |
3D Printing Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. 3D Printing Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe 3D Printing price patterns.
3D Printing Against Markets
Picking the right benchmark for 3D Printing 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 3D Printing 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 3D Printing is critical whether you are bullish or bearish towards The 3D Printing at a given time. Please also check how 3D Printing's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in 3D Printing 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.Did you try this?
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How to buy PRNT Etf?
Before investing in 3D Printing, 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 3D Printing. To buy 3D Printing etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of 3D Printing. 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 3D Printing etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located The 3D Printing 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 The 3D Printing 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 The 3D Printing, 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 PRNT Etf please use our How to Invest in 3D Printing guide.
Already Invested in The 3D Printing?
The danger of trading The 3D Printing 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 3D Printing 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 3D Printing. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile 3D Printing 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.
When determining whether 3D Printing 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 PRNT 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 The 3d Printing Etf. Highlighted below are key reports to facilitate an investment decision about The 3d Printing Etf: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The 3D Printing. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of 3D Printing is measured differently than its book value, which is the value of PRNT that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Printing's value that differs from its market value or its book value, called intrinsic value, which is 3D Printing'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 3D Printing's market value can be influenced by many factors that don't directly affect 3D Printing'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 3D Printing's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Printing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Printing'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.