ARK 21Shares Financials
| ARKC Etf | 43.65 1.39 3.29% |
Net Expense Ratio 0.0093 |
ARK |
The data published in ARK 21Shares' official financial statements typically reflect ARK 21Shares' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving ARK 21Shares' quantitative information. For example, before you start analyzing numbers published by ARK accountants, it's essential to understand ARK 21Shares' liquidity, profitability, and earnings quality within the context of the Digital Assets space in which it operates.
Please note, the presentation of ARK 21Shares' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ARK 21Shares' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ARK 21Shares' management manipulating its earnings.
ARK 21Shares Etf Summary
ARK 21Shares competes with ProShares Bitcoin, Bitwise 10, and Global X. ARK 21Shares is entity of United States. It is traded as Etf on BATS exchange.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 02072L318 |
| Region | North America |
| Investment Issuer | ARK |
| Fund Category | Alternative Currency |
| Portfolio Concentration | Cryptocurrency |
| Benchmark | Dow Jones Industrial |
ARK 21Shares Active Systematic Risk
ARK 21Shares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ARK 21Shares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on ARK 21Shares Active correlated with the market. If Beta is less than 0 ARK 21Shares generally moves in the opposite direction as compared to the market. If ARK 21Shares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ARK 21Shares Active is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ARK 21Shares is generally in the same direction as the market. If Beta > 1 ARK 21Shares moves generally in the same direction as, but more than the movement of the benchmark.
About ARK 21Shares Financials
What exactly are ARK 21Shares Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include ARK 21Shares' income statement, its balance sheet, and the statement of cash flows. Potential ARK 21Shares investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ARK 21Shares investors may use each financial statement separately, they are all related. The changes in ARK 21Shares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ARK 21Shares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.ARK 21Shares Thematic Clasifications
ARK 21Shares Active is part of several thematic ideas from Cryptocurrency ETFs to Alternative Currency ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasARK 21Shares November 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ARK 21Shares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ARK 21Shares Active. We use our internally-developed statistical techniques to arrive at the intrinsic value of ARK 21Shares Active based on widely used predictive technical indicators. In general, we focus on analyzing ARK Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ARK 21Shares's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.79 | |||
| Information Ratio | 0.1937 | |||
| Maximum Drawdown | 14.16 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 4.92 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARK 21Shares Active. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of ARK 21Shares Active 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 21Shares' value that differs from its market value or its book value, called intrinsic value, which is ARK 21Shares' 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 21Shares' market value can be influenced by many factors that don't directly affect ARK 21Shares' 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 21Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK 21Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK 21Shares' 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.