Ark 21shares Bitcoin Etf Profile
| ARKB Etf | 70.47 0.85 1.19% |
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ARK 21Shares is trading at 70.47 as of the 7th of June 2024, a -1.19 percent decrease since the beginning of the trading day. The etf's open price was 71.32. ARK 21Shares has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for ARK 21Shares Bitcoin are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of March 2024 and ending today, the 7th of June 2024. Click here to learn more.
ARK Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Cryptocurrency ETFs, Alternative Currency ETFs (View all Sectors) |
| Issuer | ARK |
| Inception Date | 2024-01-10 |
| Benchmark | CME CF Bitcoin Reference Rate New York Variant |
| Entity Type | Grantor Trust |
| Asset Under Management | 3.5 Billion |
| Asset Type | Currency |
| Category | Alternative Currency |
| Focus | Cryptocurrency |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Custodian | The Bank of New York Mellon Corporation, Coinbase Custody Trust Company LLC |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | Cboe BZX Exchange, Inc. |
| Market Maker | Flow Traders |
| Total Expense | 0.21 |
| Management Fee | 0.21 |
| Country Name | USA |
| Code | ARKB |
| Updated At | 14th of April 2024 |
| Name | ARK 21Shares Bitcoin ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01KY6DWQ0 |
| Type | ETF |
ARK 21Shares Bitcoin [ARKB] is traded in USA and was established null. The fund is not filed under any group at this time. The fund presently have in assets under management (AUM).
Check ARK 21Shares Probability Of Bankruptcy
ARK 21Shares Bitcoin Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ARK 21Shares market risk premium is the additional return an investor will receive from holding ARK 21Shares long position in a well-diversified portfolio. 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 21Shares. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ARK 21Shares' alpha and beta are two of the key measurements used to evaluate ARK 21Shares' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0534 | |||
| Jensen Alpha | 0.1967 | |||
| Total Risk Alpha | 0.0995 | |||
| Sortino Ratio | 0.0734 |
ARK 21Shares Against Markets
Additional Information and Resources on Investing in ARK Etf
When determining whether ARK 21Shares Bitcoin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ARK 21Shares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ark 21shares Bitcoin Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ark 21shares Bitcoin Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARK 21Shares Bitcoin. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of ARK 21Shares Bitcoin 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 21Shares' value that differs from its market value or its book value, called intrinsic value, which is ARK 21Shares' 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 21Shares' market value can be influenced by many factors that don't directly affect ARK 21Shares' 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 21Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK 21Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK 21Shares' 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.