ARKK vs QQQ comparison¶
ARKK vs QQQ performance comment¶
Market Performance Metrics Overview¶
| Metric | ARKK | QQQ |
|---|---|---|
| High | 51.84 | 429.85 |
| Low | 45.02 | 395.34 |
| Close | 46.28 | 425.83 |
| Start Price | 50.5 | 402.59 |
| Gain % | -8.36% | 5.77 |
| Annualized Gain % | -127.09% | 87.79 |
| Annualized Volatility % | 29.31 | 13.96 |
| Max Drawdown % | -9.58% | -1.57 |
| Sharpe Ratio | -4.85 | 6.83 |
The selected metrics provide an insightful overview of the performance of the two markets over the specified time period. It is evident that QQQ outperformed ARKK in terms of annualized gain %, annualized volatility %, max drawdown %, and Sharpe Ratio.
Insights and Commentary¶
The comparison between market ticker ARKK and QQQ over a 60-day period from December 16, 2023, to January 25, 2024, reveals some interesting insights into their performance.
Gain Percentage¶
Data1 (ARKK) experienced a loss of 8.36% compared to a gain of 5.77% for Data2 (QQQ). This signifies an unfavorable period for ARKK and a positive trend for QQQ.
Annualized Gain Percentage¶
The annualized gain percentage for ARKK is notably negative at -127.09%, indicating a significant downward trend. In contrast, QQQ shows a strong positive annualized gain percentage of 87.79%, reflecting a bullish performance.
Annualized Volatility¶
ARKK exhibits higher annualized volatility at 29.31% compared to QQQ's 13.96%. This implies a higher level of risk associated with ARKK during the specified period.
Max Drawdown¶
The max drawdown for ARKK is -9.58%, indicating a considerable decline from its peak value. QQQ, however, experienced a relatively minor max drawdown of -1.57%, demonstrating greater stability.
Sharpe Ratio¶
The Sharpe Ratio for QQQ stands out at 6.83, signifying a superior risk-adjusted return compared to ARKK, which has a negative Sharpe Ratio of -4.85. This indicates that QQQ provided better returns relative to its risk level during the 60-day period.
Conclusion¶
In conclusion, the comparison of ARKK and QQQ for the specified time period illustrates the superior performance of QQQ across several key metrics. Investors may consider these insights when making decisions related to these market tickers.
ARKK YTD Return (Daily)¶
Comment on YTD Total Returns Results of ARKK¶
Historical Performance Analysis¶
The YTD Open for ARKK in 2024 was 51.80, and the YTD High was 51.84, while the YTD Low was at 45.02. The YTD Close is reported at 46.28, resulting in a YTD Gain of -8.36%. The YTD Annualized Gain stands at -127.09% with a corresponding YTD Annualized Volatility of 29.31%. The YTD Max Drawdown is reported at -9.58%, with a YTD Sharpe Ratio of -4.85, indicating a high level of risk. The Last Year Annualized Gain was 71.93%, with a Last Year Annualized Volatility of 40.35% and a Last Year Max Drawdown of -32.68%, while the Last Year Sharpe Ratio stood at 1.56, indicating a comparatively lower risk level. The Historical Annualized Volatility (excluding current year) was at 37.93%, with a corresponding Historical Annualized Gain (excluding current year) of 18.60%. The Max Drawdown in Data (excluding current year) is cited at -80.91%, depicting a high risk level. The Average Sharpe Ratio for All Years (Excluding Last) was at 0.49, indicating a mixed level of market risk and return efficiency over the years. The Current last 5 days gain was at -0.37%, while the Moving Average (MA) 200 stands at 42.90, the MA 50 at 47.94, and the MA 5 at 46.59. The Current average annualized volatility is reported at 30.52%, with the Average annualized volatility a month ago at 36.79%.
Market Trends and Insights¶
The performance metrics for ARKK highlight a period of high volatility and market risk, as evidenced by the YTD Annualized Volatility and YTD Sharpe Ratio. The significant Last Year Max Drawdown also indicates a higher level of potential loss. However, the Last Year Annualized Gain and Historical Annualized Gain (excluding current year) demonstrate periods of strong performance, indicating potential opportunities for growth. The Current MA 200, MA 50, and MA 5 suggest that the stock price is currently below the moving averages, which could indicate a potential bearish trend in the market. Investors should continue to monitor the stock's performance in relation to these moving averages to gauge potential market direction.
Market Conditions¶
The Current last close for ARKK is at 46.28, with the Current average annualized volatility standing at 30.52%. The stock's performance in relation to the moving averages suggests a potential downside in the near term, as the current price is below both the MA 200 and MA 50. This could indicate a trend of declining prices and potential further market volatility. Investors should closely monitor these trends and consider their investment strategies accordingly.
ARKK Annual Dividends¶
| Year | Annual Dividend | Dividend Yield |
|---|---|---|
| 2021 | $0.78 | 0.82% |
| 2020 | $2.04 | 1.57% |
| 2019 | $0.19 | 0.37% |
| 2018 | $1.17 | 3.11% |
| 2017 | $0.49 | 1.27% |
ARKK Montly Dividends¶
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.78 |
| 2020 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $2.04 |
| 2019 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.19 |
| 2018 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $1.17 |
| 2017 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.49 |
| 2015 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.47 |
Published: 2024-01-25
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