Ark Fintech Innovation Etf Beneish M Score

ARKF Etf  USD 30.24  0.22  0.72%   
This module uses fundamental data of ARK Fintech to approximate the value of its Beneish M Score. ARK Fintech M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out ARK Fintech Piotroski F Score and ARK Fintech Altman Z Score analysis.
  
At this time, ARK Fintech's M Score is inapplicable. The earnings manipulation may begin if ARK Fintech's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by ARK Fintech executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of ARK Fintech's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

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Asset Quality

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Expense Coverage

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Gross Margin Strengs

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Accruals Factor

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Depreciation Resistance

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Net Sales Growth

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Financial Leverage Condition

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About ARK Fintech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ARK Fintech Innovation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ARK Fintech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ARK Fintech Innovation based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The fund is an actively-managed ETF that will invest under normal circumstances primarily in domestic and foreign equity securities of companies that are engaged in the funds investment theme of financial technology innovation. Ark Fintech is traded on NYSEARCA Exchange in the United States.

Pair Trading with ARK Fintech

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ARK Fintech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ARK Fintech will appreciate offsetting losses from the drop in the long position's value.

Moving together with ARK Etf

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The ability to find closely correlated positions to ARK Fintech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ARK Fintech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ARK Fintech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ARK Fintech Innovation to buy it.
The correlation of ARK Fintech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ARK Fintech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARK Fintech Innovation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ARK Fintech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ARK Fintech Innovation is a strong investment it is important to analyze ARK Fintech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ARK Fintech's future performance. For an informed investment choice regarding ARK Etf, refer to the following important reports:
Check out ARK Fintech Piotroski F Score and ARK Fintech Altman Z Score analysis.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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The market value of ARK Fintech Innovation 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 Fintech's value that differs from its market value or its book value, called intrinsic value, which is ARK Fintech'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 Fintech's market value can be influenced by many factors that don't directly affect ARK Fintech'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 Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK Fintech'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.