Just a simple projection of what I think we could see in ARKK come march of 2024.
The quickest this ETF doubled was in 3 months.
The quickest this ETF quintupled was, 11 months..
I think the possibility of this ETF tripling from massively below average valuations (bottom 2stdv and 3stdv) on price to sales ratio basis (and many more valuation metrics), along with the growth rate of around 50 to 60% cagr (revenues) for these companies, we should be multiply this group of stocks at a revenue twice from what it is today, with a valuation about 50 to 100% higher from where it is today.
The quickest this ETF doubled was in 3 months.
The quickest this ETF quintupled was, 11 months..
I think the possibility of this ETF tripling from massively below average valuations (bottom 2stdv and 3stdv) on price to sales ratio basis (and many more valuation metrics), along with the growth rate of around 50 to 60% cagr (revenues) for these companies, we should be multiply this group of stocks at a revenue twice from what it is today, with a valuation about 50 to 100% higher from where it is today.