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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 (?)






Correlated Stock Forecasts

Assets that tend to move strongly with ARKK



WCLD Forecast + Options Trading Strategies   [WCLD]  WisdomTree Cloud Computing (0.93)


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


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


IDCC Forecast + Options Trading Strategies   [IDCC]  Interdigital (0.9)


VTWO Forecast + Options Trading Strategies   [VTWO]  Vanguard Russell 2000 Index (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to ARKK



BRCC Forecast + Options Trading Strategies   [BRCC]  BRC (0.0)


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


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


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


VIR Forecast + Options Trading Strategies   [VIR]  Vir Biotechnology (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ARKK



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


RWM Forecast + Options Trading Strategies   [RWM]  ProShares Trust - ProShares Short Russell2000 (-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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