Ark Innovation Etf Price on May 14, 2024
| ARKK Etf | USD 56.21 1.44 2.63% |
Below is the normalized historical share price chart for ARK Innovation ETF extending back to October 31, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ARK Innovation stands at 56.21, as last reported on the 25th of November, with the highest price reaching 56.52 and the lowest price hitting 54.52 during the day.
If you're considering investing in ARK Etf, it is important to understand the factors that can impact its price. ARK Innovation appears to be very steady, given 3 months investment horizon. ARK Innovation ETF secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the etf had a 0.16% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for ARK Innovation ETF, which you can use to evaluate the volatility of the entity. Please makes use of ARK Innovation's Risk Adjusted Performance of 0.1348, semi deviation of 1.77, and Mean Deviation of 1.75 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.
3 y Volatility 44.27 | 200 Day MA 46.5788 | 1 y Volatility 42.81 | 50 Day MA 49.0276 | Inception Date 2014-10-31 |
ARK |
Sharpe Ratio = 0.1562
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Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average ARK Innovation is performing at about 12% 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 Innovation by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 33.3 K |
ARK Innovation Valuation on May 14, 2024
It is possible to determine the worth of ARK Innovation on a given historical date. On May 14, 2024 ARK was worth 44.65 at the beginning of the trading date compared to the closed value of 45.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARK Innovation etf. Still, in general, we apply an absolute valuation method to find ARK Innovation's 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 Innovation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARK Innovation's related companies.
| Open | High | Low | Close | Volume | |
| 43.40 | 44.85 | 43.36 | 44.17 | 18,083,300 | |
05/14/2024 | 44.65 | 45.97 | 44.64 | 45.12 | 17,216,000 |
| 46.07 | 46.36 | 44.99 | 45.77 | 11,198,100 |
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ARK Innovation Trading Date Momentum on May 14, 2024
| On May 15 2024 ARK Innovation ETF was traded for 45.77 at the closing time. The top price for the day was 46.36 and the lowest listed price was 44.99 . The trading volume for the day was 11.2 M. The trading history from May 15, 2024 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 1.44% . The overall trading delta against the current closing price is 2.99% . |
ARK Innovation ETF Fundamentals Correlations and Trends
By evaluating ARK Innovation's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ARK Innovation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ARK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ARK Innovation Etf history
ARK Innovation 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 Innovation ETF 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 Innovation stock prices may prove useful in developing a viable investing in ARK Innovation
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.
ARK Innovation Etf Technical Analysis
ARK Innovation 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 Innovation Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
ARK Innovation ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Innovation November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how ARK Innovation 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 Innovation shares will generate the highest return on investment. By undertsting and applying ARK Innovation etf market strength indicators, traders can identify ARK Innovation ETF entry and exit signals to maximize returns
ARK Innovation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ARK Innovation's 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 | 0.1348 | |||
| Jensen Alpha | 0.1163 | |||
| Total Risk Alpha | 0.0123 | |||
| Sortino Ratio | 0.1228 | |||
| Treynor Ratio | 0.1741 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARK Innovation ETF. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of ARK Innovation ETF 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 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 if ARK Innovation is a good investment 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.