Ark Autonomous Technology Etf Price on January 23, 2024
| ARKQ Etf | USD 76.81 0.64 0.83% |
Below is the normalized historical share price chart for ARK Autonomous Technology extending back to September 30, 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 Autonomous stands at 76.81, as last reported on the 11th of December 2024, with the highest price reaching 78.06 and the lowest price hitting 76.64 during the day.
If you're considering investing in ARK Etf, it is important to understand the factors that can impact its price. ARK Autonomous appears to be very steady, given 3 months investment horizon. ARK Autonomous Technology secures Sharpe Ratio (or Efficiency) of 0.33, which signifies that the etf had a 0.33% return per unit of return volatility over the last 3 months. By reviewing ARK Autonomous' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of ARK Autonomous' Mean Deviation of 1.25, risk adjusted performance of 0.2602, and Semi Deviation of 0.7938 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 32.1 | 200 Day MA 57.742 | 1 y Volatility 29.57 | 50 Day MA 66.1976 | Inception Date 2014-09-30 |
ARK |
Sharpe Ratio = 0.3277
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average ARK Autonomous is performing at about 25% 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 Autonomous by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 41.2 K |
ARK Autonomous Valuation on January 23, 2024
It is possible to determine the worth of ARK Autonomous on a given historical date. On January 23, 2024 ARK was worth 55.29 at the beginning of the trading date compared to the closed value of 54.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARK Autonomous etf. Still, in general, we apply an absolute valuation method to find ARK Autonomous' 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 Autonomous where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARK Autonomous' related companies.
| Open | High | Low | Close | Volume | |
| 54.47 | 55.48 | 54.41 | 54.75 | 122,600 | |
01/23/2024 | 55.29 | 55.46 | 54.68 | 54.87 | 92,800 |
| 55.40 | 55.40 | 53.95 | 53.95 | 100,700 |
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ARK Autonomous Trading Date Momentum on January 23, 2024
| On January 24 2024 ARK Autonomous Technology was traded for 53.95 at the closing time. The top price for the day was 55.40 and the lowest listed price was 53.95 . The trading volume for the day was 100.7 K. The trading history from January 24, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.68% . The overall trading delta against the current closing price is 4.34% . |
ARK Autonomous Technology Fundamentals Correlations and Trends
By evaluating ARK Autonomous' 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 Autonomous' 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 Autonomous Etf history
ARK Autonomous 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 Autonomous Technology 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 Autonomous stock prices may prove useful in developing a viable investing in ARK Autonomous
The fund is an actively-managed exchange-traded fund that will invest under normal circumstances primarily in domestic and foreign equity securities of autonomous technology and robotics companies that are relevant to the funds investment theme of disruptive innovation. Ark Autonomous is traded on BATS Exchange in the United States.
ARK Autonomous Etf Technical Analysis
ARK Autonomous 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 Autonomous Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
ARK Autonomous Technology 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 Autonomous December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how ARK Autonomous 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 Autonomous shares will generate the highest return on investment. By undertsting and applying ARK Autonomous etf market strength indicators, traders can identify ARK Autonomous Technology entry and exit signals to maximize returns
ARK Autonomous Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ARK Autonomous' 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 | 0.2602 | |||
| Jensen Alpha | 0.3712 | |||
| Total Risk Alpha | 0.2962 | |||
| Sortino Ratio | 0.3095 | |||
| Treynor Ratio | 0.3575 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARK Autonomous Technology. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of ARK Autonomous Technology 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 Autonomous' value that differs from its market value or its book value, called intrinsic value, which is ARK Autonomous' 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 Autonomous' market value can be influenced by many factors that don't directly affect ARK Autonomous' 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 Autonomous' value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK Autonomous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK Autonomous' 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.