Ark Fintech Innovation Etf Performance
| ARKF Etf | USD 38.83 0.48 1.25% |
The etf shows a Beta (market volatility) of 1.77, 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 Fintech will likely underperform.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in ARK Fintech Innovation are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. Despite nearly inconsistent forward-looking signals, ARK Fintech reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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| In Threey Sharp Ratio | -0.28 |
ARK |
ARK Fintech Relative Risk vs. Return Landscape
If you would invest 2,858 in ARK Fintech Innovation on August 24, 2024 and sell it today you would earn a total of 1,025 from holding ARK Fintech Innovation or generate 35.86% return on investment over 90 days. ARK Fintech Innovation is currently generating 0.4963% in daily expected returns and assumes 1.8295% risk (volatility on return distribution) over the 90 days horizon. In different words, 16% of etfs are less volatile than ARK, and 91% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ARK Fintech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARK Fintech's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ARK Fintech Innovation, and traders can use it to determine the average amount a ARK Fintech's 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 = 0.2713
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average ARK Fintech is performing at about 21% 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 Fintech by adding it to a well-diversified portfolio.
ARK Fintech Fundamentals Growth
ARK Etf prices reflect investors' perceptions of the future prospects and financial health of ARK Fintech, and ARK Fintech fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ARK Etf performance.
| Total Asset | 817.18 M | |||
About ARK Fintech Performance
By analyzing ARK Fintech's fundamental ratios, stakeholders can gain valuable insights into ARK Fintech's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ARK Fintech 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 Fintech has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund is an actively-managed ETF that will invest under normal circumstances primarily in domestic and foreign equity securities of companies that are engaged in the funds investment theme of financial technology innovation. Ark Fintech is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: On The My Stocks Page - Stock Traders Daily | |
| The fund created three year return of -9.0% | |
| ARK Fintech Innovation holds 99.61% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARK Fintech Innovation. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of ARK Fintech Innovation 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 Fintech's value that differs from its market value or its book value, called intrinsic value, which is ARK Fintech'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 Fintech's market value can be influenced by many factors that don't directly affect ARK Fintech'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 Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK Fintech'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.