Ark 21shares Bitcoin Etf Performance
| ARKB Etf | 96.97 0.35 0.36% |
The etf shows a Beta (market volatility) of 1.93, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ARK 21Shares will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ARK 21Shares Bitcoin are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent forward-looking signals, ARK 21Shares sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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ARK |
ARK 21Shares Relative Risk vs. Return Landscape
If you would invest 5,795 in ARK 21Shares Bitcoin on September 1, 2024 and sell it today you would earn a total of 3,902 from holding ARK 21Shares Bitcoin or generate 67.33% return on investment over 90 days. ARK 21Shares Bitcoin is currently generating 0.8617% in daily expected returns and assumes 3.3628% risk (volatility on return distribution) over the 90 days horizon. In different words, 29% of etfs are less volatile than ARK, and 83% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ARK 21Shares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARK 21Shares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ARK 21Shares Bitcoin, and traders can use it to determine the average amount a ARK 21Shares' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2562
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Estimated Market Risk
| 3.36 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.86 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average ARK 21Shares is performing at about 20% 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.
About ARK 21Shares Performance
By analyzing ARK 21Shares' fundamental ratios, stakeholders can gain valuable insights into ARK 21Shares' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ARK 21Shares has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ARK 21Shares has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ARK 21Shares is entity of United States. It is traded as Etf on BATS exchange.| ARK 21Shares Bitcoin appears to be risky and price may revert if volatility continues | |
| Latest headline from zacks.com: Winning ETFs in Focus on Bitcoin, AI Golds Dream Run Last Week |
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.