Ark 21shares Bitcoin Etf Price on November 7, 2024
| ARKB Etf | 98.98 0.87 0.89% |
If you're considering investing in ARK Etf, it is important to understand the factors that can impact its price. As of today, the current price of ARK 21Shares stands at 98.98, as last reported on the 24th of November, with the highest price reaching 99.68 and the lowest price hitting 97.08 during the day. ARK 21Shares appears to be very steady, given 3 months investment horizon. ARK 21Shares Bitcoin secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the etf had a 0.23% return per unit of return volatility over the last 3 months. By reviewing ARK 21Shares' technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please makes use of ARK 21Shares' Risk Adjusted Performance of 0.1956, semi deviation of 1.89, and Mean Deviation of 2.5 to double-check if our risk estimates are consistent with your expectations.
ARK Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ARK |
Sharpe Ratio = 0.2273
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Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average ARK 21Shares is performing at about 17% of its full potential. 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 21Shares by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
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ARK 21Shares Valuation on November 7, 2024
It is possible to determine the worth of ARK 21Shares on a given historical date. On November 7, 2024 ARK was worth 74.88 at the beginning of the trading date compared to the closed value of 76.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARK 21Shares etf. Still, in general, we apply an absolute valuation method to find ARK 21Shares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ARK 21Shares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARK 21Shares' related companies.
| Open | High | Low | Close | Volume | |
| 74.20 | 76.47 | 73.44 | 76.09 | 3,127,700 | |
11/07/2024 | 74.88 | 76.87 | 74.46 | 76.45 | 1,388,068 |
| 76.16 | 77.29 | 75.63 | 76.76 | 1,336,255 |
| Backtest ARK 21Shares | | | ARK 21Shares History | | | ARK 21Shares Valuation | Previous | Next |
ARK 21Shares Trading Date Momentum on November 7, 2024
| On November 08 2024 ARK 21Shares Bitcoin was traded for 76.76 at the closing time. The top price for the day was 77.29 and the lowest listed price was 75.63 . The trading volume for the day was 1.3 M. The trading history from November 8, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.41% . The overall trading delta against the current closing price is 18.25% . |
About ARK 21Shares Etf history
ARK 21Shares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ARK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ARK 21Shares Bitcoin will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ARK 21Shares stock prices may prove useful in developing a viable investing in ARK 21Shares
ARK 21Shares Etf Technical Analysis
ARK 21Shares technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
ARK 21Shares Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
ARK 21Shares Bitcoin cannot be verified against its exchange. Please verify the symbol is currently traded on BATS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ARK 21Shares November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how ARK 21Shares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ARK 21Shares shares will generate the highest return on investment. By undertsting and applying ARK 21Shares etf market strength indicators, traders can identify ARK 21Shares Bitcoin entry and exit signals to maximize returns
ARK 21Shares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ARK 21Shares' price direction in advance. Along with the technical and fundamental analysis of ARK Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ARK to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1956 | |||
| Jensen Alpha | 0.515 | |||
| Total Risk Alpha | 0.2783 | |||
| Sortino Ratio | 0.2795 | |||
| Treynor Ratio | 0.3412 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARK 21Shares Bitcoin. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of ARK 21Shares Bitcoin 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.