Ark Space Exploration Etf Buy Hold or Sell Recommendation
| ARKX Etf | USD 18.83 0.32 1.73% |
Given the investment horizon of 90 days and your below-average risk tolerance, our recommendation regarding ARK Space Exploration is 'Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ARK Space Exploration given historical horizon and risk tolerance towards ARK Space. When Macroaxis issues a 'buy' or 'sell' recommendation for ARK Space Exploration, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out 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, we conduct extensive research on individual funds such as ARK and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ARK Space Exploration. 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.
ARK |
Execute ARK Space Buy or Sell Advice
The ARK 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
 |  |
Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
ARK Space Trading Alerts and Improvement Suggestions
| Latest headline from finance.yahoo.com: AeroVironment Strikes 4.1 Billion Deal To Acquire BlueHalo, Expanding Defense Tech Horizons | |
| The fund created three year return of -3.0% | |
| ARK Space Exploration holds 99.85% 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 uncertainty of ARK Space's future price movements. The chart of the probability distribution of ARK Space 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.
| Mean Return | 0.31 | Value At Risk | -1.82 | Potential Upside | 2.22 | Standard Deviation | 1.38 |
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's price will be affected by overall etf 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 etf'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 Jones | 0.16 | |
β | Beta against Dow Jones | 1.36 | |
σ | Overall volatility | 1.38 | |
Ir | Information ratio | 0.14 |
ARK Space Volatility Alert
ARK Space Exploration has relatively low volatility with skewness of -0.11 and kurtosis of 0.27. 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 bullish 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 financial instruments as prices fall.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 |
| Fundamentals | ARK Space | Peer Average |
| Beta | 1.17 | |
| One Year Return | 32.40 % | (0.97) % |
| Three Year Return | (3.20) % | 3.23 % |
| Net Asset | 261.16 M | 2.29 B |
| Equity Positions Weight | 99.85 % | 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 . 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 Distribution | 3246.43 | |||
| Daily Balance Of Power | 1.103448 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 18.68 | |||
| Day Typical Price | 18.73 | |||
| Price Action Indicator | 0.3 | |||
| Period Momentum Indicator | 0.32 |
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 Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the 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. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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?
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Check out 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. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of ARK Space Exploration 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 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 if ARK Space is a good investment 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.