Ark Autonomous Technology Etf Profile
| ARKQ Etf | USD 78.08 1.16 1.51% |
Performance20 of 100
| Odds Of DistressLess than 9
|
ARK Autonomous is selling at 78.08 as of the 21st of December 2024; that is 1.51 percent increase since the beginning of the trading day. The etf's last reported lowest price was 75.32. ARK Autonomous 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. The performance scores are derived for the period starting the 21st of November 2024 and ending today, the 21st of December 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 autonomous technology and robotics companies that are relevant to the funds investment theme of disruptive innovation. More on ARK Autonomous Technology
Moving together with ARK Etf
| 0.92 | VGT | Vanguard Information | PairCorr |
| 0.83 | XLK | Technology Select Sector | PairCorr |
| 0.91 | IYW | iShares Technology ETF | PairCorr |
| 0.87 | CIBR | First Trust NASDAQ | PairCorr |
Moving against ARK Etf
ARK Etf Highlights
| Thematic Ideas | Showing 3 out of 5 themes |
| Business Concentration | Strategy ETFs, Theme ETFs, Disruptive Technologies, Driverless Cars, Artificial Intelligence, Technology, ARK ETF Trust (View all Sectors) |
| Issuer | ARK |
| Inception Date | 2014-09-30 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 956.11 Million |
| Average Trading Valume | 110,304.9 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of NewYork Mellon Corporation |
| Advisor | ARK Investment Management LLC |
| Custodian | The Bank of NewYork Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Catherine Wood |
| Transfer Agent | The Bank of NewYork Mellon Corporation |
| Fiscal Year End | 31-Jul |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 37.0 |
| Market Maker | Jane Street |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 35.32 |
| Name | ARK Autonomous Technology Robotics ETF |
| Currency Code | USD |
| Open Figi | BBG0077Q7038 |
| In Threey Volatility | 32.1 |
| 1y Volatility | 29.57 |
| 200 Day M A | 58.7017 |
| 50 Day M A | 68.9626 |
| Code | ARKQ |
| Updated At | 20th of December 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.03) |
ARK Autonomous Technology [ARKQ] is traded in USA and was established 2014-09-30. The fund is listed under Technology category and is part of ARK ETF Trust family. The entity is thematically classified as Strategy ETFs. ARK Autonomous Technology presently have 941.17 M in assets under management (AUM). , while the total return for the last 3 years was 2.4%.
Check ARK Autonomous 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 Autonomous Technology 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.
Top ARK Autonomous Technology Etf Constituents
| SPLK | Splunk Inc | Stock | Information Technology | |
| ADSK | Autodesk | Stock | Information Technology | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| U | Unity Software | Stock | Information Technology | |
| TER | Teradyne | Stock | Information Technology | |
| SSYS | Stratasys | Stock | Information Technology | |
| PRLB | Proto Labs | Stock | Industrials | |
| NXPI | NXP Semiconductors NV | Stock | Information Technology |
ARK Autonomous Technology 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 Autonomous. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.2221 | |||
| Jensen Alpha | 0.4254 | |||
| Total Risk Alpha | 0.412 | |||
| Sortino Ratio | 0.2607 |
ARK Autonomous Against Markets
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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.