Bullish Case: ARKK's trading above its yearly low with Helium AI moderately bullish forecast suggests marginal near-term upside as disruptive tech gains traction.


Bearish Case: ARKK’s decline from historical highs amidst a flat volatility profile and past bearish trends suggest potential underperformance ahead.


Potential Outcomes: Upside on AI signal, 15%. Stagnation with flat implied volatility, 55%. Downside due to past trends and skepticism, 30%.


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April 04, 2024


ARK Innovation Forecast

ARKK        ARK Innovation
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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Assets that tend to move strongly with ARKK



ARKF Forecast + Options Trading Strategies   ARKF  ARK Fintech Innovation (0.92)


SPSM Forecast + Options Trading Strategies   SPSM  Active Trust - SPDR Portfolio S&P 600 Small Cap (0.91)


ARKW Forecast + Options Trading Strategies   ARKW  ARK Next Generation Internet (0.91)


BITQ Forecast + Options Trading Strategies   BITQ  Exchange Traded Concepts Trust - Bitwise Crypto Industry Innovators (0.91)


IDCC Forecast + Options Trading Strategies   IDCC  Interdigital (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to ARKK



GSG Forecast + Options Trading Strategies   GSG  BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed (0.0)


YOU Forecast + Options Trading Strategies   YOU  Clear Secure (-0.0)


BRCC Forecast + Options Trading Strategies   BRCC  BRC (0.0)


USO Forecast + Options Trading Strategies   USO  United States Commodity Funds (-0.0)


BMEA Forecast + Options Trading Strategies   BMEA  Biomea Fusion (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ARKK



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.87)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.89)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.89)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.9)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.91)





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