ARKX Stock Summary and Trading Ideas (Ark Space Exploration & Innovation ETF | BATS:ARKX)

The ARK Space Exploration & Innovation ETF s ( Fund ) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund ( ETF ) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund s investment theme of Space Exploration and innovation. The Adviser defines Space Exploration as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth.

Ark Space Exploration & Innovation ETF trades on the BATS stock market under the symbol ARKX.

As of November 7, 2024, ARKX stock price climbed to $17.54 with 60,854 million shares trading.

ARKX has a beta of 1.23, meaning it tends to be more sensitive to market movements. ARKX has a correlation of 0.55 to the broad based SPY ETF.

ARKX has a market cap of $248.19 million. This is considered a Small Cap stock.

In the last 3 years, ARKX traded as high as $21.30 and as low as $11.77.

ARKX has underperformed the market in the last year with a return of +30.6%, while SPY returned +37.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ARKX shares. However, ARKX has outperformed the market in the last 3 month and 2 week periods, returning +24.9% and +7.1%, while SPY returned +15.2% and +2.8%, respectively. This indicates ARKX has been having a stronger performance recently.

ARKX support price is $17.11 and resistance is $17.53 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARKX shares will trade within this expected range on the day.