ARK Innovation Etf Performance

ARKK Etf  USD 37.50  2.84  7.04%   
The etf shows a Beta (market volatility) of 1.9588, which signifies a somewhat significant risk relative to the market. Let's try to break down what ARK Innovation's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ARK Innovation will likely underperform. Although it is vital to follow ARK Innovation ETF historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The approach to foreseeing future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing ARK Innovation ETF technical indicators, you can today evaluate if the expected return of 0.44% will be sustainable into the future.

ARK Innovation Performance

10 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in ARK Innovation ETF are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite quite uncertain forward-looking signals, ARK Innovation disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Fifty Two Week Low32.51
Fifty Two Week High106.98

ARK Innovation Relative Risk vs. Return Landscape

If you would invest  3,097  in ARK Innovation ETF on December 23, 2022 and sell it today you would earn a total of  822.00  from holding ARK Innovation ETF or generate 26.54% return on investment over 90 days. ARK Innovation ETF is currently generating 0.4418% in daily expected returns and assumes 3.1547% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of etfs are less volatile than ARK Innovation, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days ARK Innovation is expected to generate 3.27 times more return on investment than the market. However, the company is 3.27 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.05 per unit of risk.

ARK Innovation Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for ARK Innovation's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ARK Innovation ETF, and traders can use it to determine the average amount a ARK Innovation'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 = 0.14

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Estimated Market Risk

  actual daily
73% of assets are more volatile

Expected Return

  actual daily
92% of assets have higher returns

Risk-Adjusted Return

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90% of assets perform better
Based on monthly moving average ARK Innovation is performing at about 10% of its full potential. 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 Innovation by adding it to a well-diversified portfolio.

ARK Innovation Fundamentals Growth

ARK Innovation Etf prices reflect investors' perceptions of the future prospects and financial health of ARK Innovation, and ARK Innovation 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 Innovation Etf performance.

About ARK Innovation Performance

To evaluate ARK Innovation ETF Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ARK Innovation generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ARK Innovation Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ARK Innovation ETF market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ARK Innovation's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
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 disruptive innovation. Ark Innovation is traded on NYSEARCA Exchange in the United States.

Things to note about ARK Innovation ETF performance evaluation

Checking the ongoing alerts about ARK Innovation for important developments is a great way to find new opportunities for your next move. Etf alerts and notifications screener for ARK Innovation ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ARK Innovation ETF has very high historical volatility over the last 90 days
ARK Innovation ETF has high likelihood to experience some financial distress in the next 2 years
Latest headline from Rodgers Associates LTD Sells 2,061 Shares of ARK Innovation ETF
The fund created three year return of -9.0%
ARK Innovation ETF holds 99.62% of its assets under management (AUM) in equities
Evaluating ARK Innovation's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate ARK Innovation's etf performance include:
  • Analyzing ARK Innovation's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ARK Innovation's stock is overvalued or undervalued compared to its peers.
  • Examining ARK Innovation's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating ARK Innovation's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ARK Innovation's management team can help you assess the ETF's leadership.
  • Pay attention to analyst opinions and ratings of ARK Innovation's etf. These opinions can provide insight into ARK Innovation's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating ARK Innovation's etf performance is not an exact science, and many factors can impact ARK Innovation's etf market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities. For more information on how to buy ARK Innovation Etf please use our How to buy in ARK Innovation Etf guide. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running ARK Innovation ETF 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 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 Innovation 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.
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 ARK Innovation value 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.