Ark Fintech Innovation Etf Price on October 11, 2024
| ARKF Etf | USD 39.27 0.04 0.10% |
Below is the normalized historical share price chart for ARK Fintech Innovation extending back to February 04, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ARK Fintech stands at 39.27, as last reported on the 1st of December, with the highest price reaching 39.62 and the lowest price hitting 39.25 during the day.
If you're considering investing in ARK Etf, it is important to understand the factors that can impact its price. ARK Fintech appears to be very steady, given 3 months investment horizon. ARK Fintech Innovation secures Sharpe Ratio (or Efficiency) of 0.34, which signifies that the etf had a 0.34% return per unit of return volatility over the last 3 months. By reviewing ARK Fintech's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of ARK Fintech's Mean Deviation of 1.23, risk adjusted performance of 0.2343, and Semi Deviation of 1.07 to double-check if our risk estimates are consistent with your expectations.
ARK Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 46.67 | 200 Day MA 29.2359 | 1 y Volatility 36.08 | 50 Day MA 32.956 | Inception Date 2019-02-01 |
ARK |
Sharpe Ratio = 0.3355
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Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average ARK Fintech is performing at about 26% 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.
Average Mkt Cap Mil 37.1 K |
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ARK Fintech Valuation on October 11, 2024
It is possible to determine the worth of ARK Fintech on a given historical date. On October 11, 2024 ARK was worth 30.12 at the beginning of the trading date compared to the closed value of 30.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARK Fintech etf. Still, in general, we apply an absolute valuation method to find ARK Fintech's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ARK Fintech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARK Fintech's related companies.
| Open | High | Low | Close | Volume | |
| 29.93 | 30.33 | 29.83 | 30.16 | 358,116 | |
10/11/2024 | 30.12 | 30.72 | 30.12 | 30.63 | 213,392 |
| 30.90 | 31.28 | 30.72 | 31.25 | 294,921 |
| Backtest ARK Fintech | | | ARK Fintech History | | | ARK Fintech Valuation | Previous | Next |
ARK Fintech Trading Date Momentum on October 11, 2024
| On October 14 2024 ARK Fintech Innovation was traded for 31.25 at the closing time. The top price for the day was 31.28 and the lowest listed price was 30.72 . The trading volume for the day was 294.9 K. The trading history from October 14, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 2.02% . The overall trading delta against the current closing price is 3.72% . |
ARK Fintech Innovation Fundamentals Correlations and Trends
By evaluating ARK Fintech's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ARK Fintech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ARK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ARK Fintech Etf history
ARK Fintech investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ARK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ARK Fintech Innovation will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ARK Fintech stock prices may prove useful in developing a viable investing in ARK Fintech
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.
ARK Fintech Etf Technical Analysis
ARK Fintech technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
ARK Fintech Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
ARK Fintech Innovation cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ARK Fintech December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how ARK Fintech etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ARK Fintech shares will generate the highest return on investment. By undertsting and applying ARK Fintech etf market strength indicators, traders can identify ARK Fintech Innovation entry and exit signals to maximize returns
ARK Fintech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ARK Fintech's price direction in advance. Along with the technical and fundamental analysis of ARK Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ARK to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2343 | |||
| Jensen Alpha | 0.313 | |||
| Total Risk Alpha | 0.225 | |||
| Sortino Ratio | 0.2389 | |||
| Treynor Ratio | 0.3188 |
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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.