Ark Space Etf Buy Hold or Sell Recommendation

ARKX
 Etf
  

USD 13.51  0.08  0.60%   

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Ark Space Exploration is 'Not Rated'. Macroaxis provides Ark Space buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ARKX positions. The advice algorithm takes into account all of Ark Space's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Ark Space's buy-and-hold perspective. Please continue to Ark Space Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Ark Space and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Ark Space Exploration.

Execute Ark Space Buy or Sell Advice

The Ark Space recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ark Space Exploration. Macroaxis does not own or have any residual interests in Ark Space Exploration or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ark Space's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Ark SpaceBuy Ark Space
Strong Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Close to AverageDetails

Economic Sensitivity

Ignores market trendsDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Ark Space Exploration has a Risk Adjusted Performance of (0.27), Jensen Alpha of (0.21), Total Risk Alpha of (0.15) and Treynor Ratio of (0.35)
Our trade advice tool can cross-verify current analyst consensus on Ark Space Exploration and to analyze the etf potential to grow in the current economic cycle. Please confirm Ark Space Exploration one year return to decide if your Ark Space Exploration buy or sell deciscion is justified.

Ark Space Trading Alerts and Improvement Suggestions

Ark Space generated a negative expected return over the last 90 days
Ark Space has high likelihood to experience some financial distress in the next 2 years
The fund holds 99.88% of its assets under management (AUM) in equities

Ark Space Returns Distribution Density

The distribution of Ark Space's historical returns is an attempt to chart the future uncertainty of Ark Space's future price movements. The chart of the probability distribution of Ark Space stock daily returns describes the distribution of returns around its average expected value. We use Ark Space Exploration price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ark Space returns is essential to provide solid investment advice for Ark Space stock.
Mean Return-0.45Value At Risk-4.28
Potential Upside3.50Standard Deviation2.29
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ark Space historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Ark Space Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ark Space or ARK ETF Trust sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ark Space stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ark Space stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.21
β
Beta against DOW1.30
σ
Overall volatility
2.33
Ir
Information ratio -0.12

Ark Space Volatility Alert

Ark Space Exploration exhibits very low volatility with skewness of 0.0 and kurtosis of -0.32. However, we advise investors to further study Ark Space Exploration technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ark Space's etf risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ark Space's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Ark Space Implied Volatility

Ark Space's implied volatility exposes the market's sentiment of Ark Space Exploration stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ark Space's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ark Space stock will not fluctuate a lot when Ark Space's options are near their expiration.

Ark Space Fundamentals Vs Peers

Comparing Ark Space's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ark Space's direct or indirect competition across all of the common fundamentals between Ark Space and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ark Space or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Ark Space's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ark Space by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ark Space to competition
FundamentalsArk SpacePeer Average
One Year Return(31.63) %(0.97) %
Net Asset355.2 M2.29 B
Equity Positions Weight99.88 %52.82 %

Ark Space Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ark Space . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution3338.1
Daily Balance Of Power0.2759
Rate Of Daily Change1.01
Day Median Price13.43
Day Typical Price13.45
Market Facilitation Index0.0
Price Action Indicator0.13

About Ark Space Buy or Sell Advice

When is the right time to buy or sell Ark Space Exploration? Buying financial instruments such as Ark Space Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Ark Space investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Ark Space in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Healthcare Thematic Idea Now

Healthcare
Healthcare Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Theme or any other thematic opportunities.
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Please continue to Ark Space Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Ark Space Exploration information on this page should be used as a complementary analysis to other Ark Space's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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The market value of Ark Space Exploration is measured differently than its book value, which is the value of Ark Space that is recorded on the company's balance sheet. Investors also form their own opinion of Ark Space's value that differs from its market value or its book value, called intrinsic value, which is Ark Space'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 Space's market value can be influenced by many factors that don't directly affect Ark Space'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 Space's value and its price as these two are different measures arrived at by different means. Investors typically determine Ark Space value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ark Space'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.