Ark Autonomous Technology Etf Performance
| ARKQ Etf | USD 54.32 0.62 1.15% |
The etf shows a Beta (market volatility) of 1.69, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ARK Autonomous will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days ARK Autonomous Technology has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable forward-looking signals, ARK Autonomous is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | Cathie Wood-Led Ark Invest Scoops Up 5.16M Worth Of Palantir Shares Amid Raging AI Fervor - Palantir ... - Benzinga | 07/01/2024 |
2 | Cathie Wood Says Nvidia Performance Exceptional But Forecasts Short-Term Indigestion For Companys Business As Customers Reassess AI Strategies | 07/11/2024 |
3 | Janney Montgomery Scott LLC Acquires Shares of 3,748 ARK Autonomous Technology Robotics ETF - Defense World | 07/26/2024 |
4 | Almost Every Ark Fund Is Now Underperforming The Overall Market. Heres Why. | 08/27/2024 |
| In Threey Sharp Ratio | -0.44 |
ARK |
ARK Autonomous Relative Risk vs. Return Landscape
If you would invest 5,467 in ARK Autonomous Technology on June 13, 2024 and sell it today you would lose (35.00) from holding ARK Autonomous Technology or give up 0.64% of portfolio value over 90 days. ARK Autonomous Technology is currently generating 0.0084% in daily expected returns and assumes 1.9555% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% of etfs are less volatile than ARK, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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ARK Autonomous Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARK Autonomous' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ARK Autonomous Technology, and traders can use it to determine the average amount a ARK Autonomous' 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 = 0.0043
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| Negative Returns | ARKQ |
Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ARK Autonomous is not performing at its full potential. However, 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 Autonomous by adding ARK Autonomous to a well-diversified portfolio.
ARK Autonomous Fundamentals Growth
ARK Etf prices reflect investors' perceptions of the future prospects and financial health of ARK Autonomous, and ARK Autonomous 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 Etf performance.
| Price To Earning | 28.43 X | |||
| Price To Book | 2.73 X | |||
| Price To Sales | 2.44 X | |||
| Total Asset | 941.17 M | |||
About ARK Autonomous Performance
Assessing ARK Autonomous' fundamental ratios provides investors with valuable insights into ARK Autonomous' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ARK Autonomous is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. 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 autonomous technology and robotics companies that are relevant to the funds investment theme of disruptive innovation. Ark Autonomous is traded on BATS Exchange in the United States.| Latest headline from fool.com: Almost Every Ark Fund Is Now Underperforming The Overall Market. Heres Why. | |
| The fund created three year return of -14.0% | |
| ARK Autonomous Technology holds 99.85% of its assets under management (AUM) in equities |
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.