ARK Innovation Standard Deviation
| ARKK ETF | | | USD 79.58 3.00 3.92% |
The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities. Below is ARK Innovation's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
The Standard Deviation of 2.6 for ARK Innovation indicates moderate price variability. This places ARK Innovation within the typical volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 2.6 | |
Standard Deviation Peers Comparison
The peer group averages 1.05 for Standard Deviation, with ARK Innovation at 2.6 falling above that level. Readings span 0.0254 (Alpha Architect 1 3) to 1.9 (ProShares Ultra SAMPP500). ARK Innovation has exhibited greater price dispersion than the peer average over the measured period.
Standard Deviation Relative To Other Indicators
The chart below plots Standard Deviation against Maximum Drawdown for ARK Innovation and its peers. Each point represents one equity — position along the horizontal axis shows Standard Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
The Maximum Drawdown-to-Standard Deviation ratio for ARK Innovation sits near
3.95 , with Standard Deviation at
2.60 and Maximum Drawdown at
10.25 . This indicates Maximum Drawdown is significantly higher than Standard Deviation for ARK Innovation.
Methodology, Assumptions & Data Sources
ARK Innovation has a current Standard Deviation reading of 2.6. The Standard Deviation for ARK Innovation applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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