Ark Innovation Etf Profile

ARKK
 Etf
  

USD 34.99  1.33  3.66%   

Market Performance
0 of 100
Odds Of Distress
Over 68
Ark Innovation is trading at 34.99 as of the 29th of November 2022. This is a -3.66 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 35.6. Ark Innovation has more than 68 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Ark Innovation ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of October 2022 and ending today, the 29th of November 2022. 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 companies that are relevant to the funds investment theme of disruptive innovation. Ark Innovation is traded on NYSEARCA Exchange in the United States.. More on Ark Innovation ETF

Moving together with Ark Innovation

+0.66VXFExtended Market IndexPairCorr
+0.71VOTMidcap Growth ETFPairCorr

Ark Innovation 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. Ark Innovation's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ark Innovation or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Ark Innovation ETF generated a negative expected return over the last 90 days
Ark Innovation ETF has high historical volatility and very poor performance
Ark Innovation ETF has high likelihood to experience some financial distress in the next 2 years
The fund created three year return of -4.0%
Ark Innovation ETF holds 99.89% of its assets under management (AUM) in equities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Ark Innovation's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
IssuerARK
Inception Date2014-10-30
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management6.91 Billion
Average Trading Valume24.55 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorARK Investment Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerCatherine D. Wood
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents34.0
Market MakerJane Street
Total Expense0.75
Management Fee0.75
Nav Price37.9
Two Hundred Day Average47.96
Ytd-60.07%
Average Daily Volume In Three Month24.86M
Fifty Two Week Low32.51
As Of Date25th of October 2022
Average Daily Volume Last 10 Day29.53M
Fifty Two Week High108.88
One Month-0.16%
Fifty Day Average37.81
Three Month-17.30%
Beta In Three Year1.56
Ark Innovation ETF [ARKK] is traded in USA and was established 2014-10-30. The fund is listed under Mid-Cap Growth category and is part of ARK ETF Trust family. Ark Innovation ETF presently have 7.57 B in assets under management (AUM). , while the total return for the last 3 years was -3.61%.
Check Ark Innovation 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 Innovation 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 Innovation 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 Innovation ETF 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 Innovation ETF Constituents

Ark Innovation Target Price Odds Analysis

Coming from a normal probability distribution, the odds of Ark Innovation jumping above the current price in 90 days from now is about 88.47%. The Ark Innovation ETF probability density function shows the probability of Ark Innovation etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.9213. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ark Innovation will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Ark Innovation ETF is significantly underperforming DOW.
  Odds Below 34.99HorizonTargetOdds Above 34.99
11.45%90 days
 34.99 
88.47%
Based on a normal probability distribution, the odds of Ark Innovation to move above the current price in 90 days from now is about 88.47 (This Ark Innovation ETF probability density function shows the probability of Ark Innovation Etf to fall within a particular range of prices over 90 days) .

Ark Innovation Top Holders

Ark Innovation Major Institutional Holders

Institutional Holdings refers to the ownership stake in Ark Innovation that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ark Innovation's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ark Innovation's value.
InstituionSecurity TypeTotal SharesValue
Zwj Investment Counsel IncFund UnitsK284 K
View Ark Innovation Diagnostics

Ark Innovation ETF Risk Profiles

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

Ark Innovation Against Markets

Picking the right benchmark for Ark Innovation 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 Ark Innovation 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 Ark Innovation is critical whether you are bullish or bearish towards Ark Innovation ETF at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ark Innovation 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.

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Invested in Ark Innovation ETF?

The danger of trading Ark Innovation ETF 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 Ark Innovation 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 Ark Innovation. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ark Innovation ETF 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.
Please continue to Trending Equities. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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.