Ark Space Exploration Etf Profile
| ARKX Etf | USD 19.59 0.18 0.93% |
Performance22 of 100
| Odds Of DistressLess than 9
|
ARK Space is trading at 19.59 as of the 28th of November 2024; that is 0.93 percent increase since the beginning of the trading day. The etf's open price was 19.41. ARK Space has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for ARK Space Exploration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund is an actively-managed exchange-traded fund that will invest under normal circumstances primarily in domestic and foreign equity securities of companies that are engaged in its investment theme of Space Exploration and Innovation. Ark Space is traded on BATS Exchange in the United States.. More on ARK Space Exploration
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ARK Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Mid-Cap Growth, ARK ETF Trust (View all Sectors) |
| Issuer | ARK |
| Inception Date | 2021-03-30 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 282.22 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | ARK Investment Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Catherine D. Wood |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Jul |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 37.0 |
| Market Maker | Jane Street |
| Total Expense | 0.79 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 25.96 |
| Name | ARK Space Exploration Innovation ETF |
| Currency Code | USD |
| Open Figi | BBG00ZV1N0C6 |
| In Threey Volatility | 24.29 |
| 1y Volatility | 16.79 |
| 200 Day M A | 15.3904 |
| 50 Day M A | 16.7879 |
| Code | ARKX |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.34) |
| Type | ETF |
ARK Space Exploration [ARKX] is traded in USA and was established 2021-03-30. The fund is listed under Mid-Cap Growth category and is part of ARK ETF Trust family. The entity is thematically classified as Strategy ETFs. ARK Space Exploration presently have 261.16 M in assets under management (AUM). , while the total return for the last 3 years was -0.1%.
Check ARK Space Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ARK Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ARK Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ARK Space Exploration Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
ARK Space Exploration Currency Exposure
ARK Space Exploration holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of ARK Space will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in ARK Space Exploration.
Top ARK Space Exploration Etf Constituents
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| IRDM | Iridium Communications | Stock | Communication Services | |
| JD | JD Inc Adr | Stock | Consumer Discretionary | |
| KTOS | Kratos Defense Security | Stock | Industrials | |
| LHX | L3Harris Technologies | Stock | Industrials | |
| LMT | Lockheed Martin | Stock | Industrials | |
| PRNT | The 3D Printing | Etf | Technology |
ARK Space Exploration Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ARK Space. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 1.09 | |||
| Semi Deviation | 0.9171 | |||
| Standard Deviation | 1.39 | |||
| Variance | 1.94 |
ARK Space Exploration Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. ARK Space Exploration Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe ARK Space price patterns.
ARK Space Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARK Space Exploration. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of ARK Space Exploration 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 Space's value that differs from its market value or its book value, called intrinsic value, which is ARK Space'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 Space's market value can be influenced by many factors that don't directly affect ARK Space'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 Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK Space'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.