ARK Autonomous Valuation
| ARKQ Etf | USD 73.16 1.47 2.05% |
At this time, the entity appears to be undervalued. ARK Autonomous Technology shows a prevailing Real Value of $76.7 per share. The current price of the entity is $73.16. Our model approximates the value of ARK Autonomous Technology from reviewing the entity fundamentals such as Price To Earning of 28.43 X, number of employees of 313, and Price To Sales of 2.44 X as well as analyzing its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that ARK Autonomous' price fluctuation is very steady at this time. Calculation of the real value of ARK Autonomous Technology is based on 3 months time horizon. Increasing ARK Autonomous' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
ARK Autonomous' intrinsic value may or may not be the same as its current market price of 73.16, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 73.16 | Real 76.7 | Hype 72.94 | Naive 72.35 |
The intrinsic value of ARK Autonomous' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence ARK Autonomous' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of ARK Autonomous Technology helps investors to forecast how ARK etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of ARK Autonomous more accurately as focusing exclusively on ARK Autonomous' fundamentals will not take into account other important factors: About ARK Autonomous Valuation
The etf valuation mechanism determines ARK Autonomous' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of ARK Autonomous Technology based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of ARK Autonomous. We calculate exposure to ARK Autonomous's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ARK Autonomous's related companies.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.
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.