| Benford Chart for ARKB 10K Filed 3/26/2025 | ||||||||||||||||||||||||||||||||||||
Total numbers found: 134 Recent share count: NA ■ = Typical range across full coverage universe | ||||||||||||||||||||||||||||||||||||
| # of Numbers Found in Filing | |||
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On this page of Benford's Law Stocks.com we present our study of ARK 21Shares Bitcoin ETF — ticker symbol ARKB. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/26/2024 to 3/26/2025
for ARK 21Shares Bitcoin ETF under CIK number 0001869699.
For filings made in XBRL (eXtensible
Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL
filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format
found for each filing is presented below together with the results for ARKB, with the percentage of found numbers beginning with each digit
(1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as
well as the "normal" range for ARK 21Shares Bitcoin ETF based on the past ARKB filings our system processed in the past.
| Benford's Law Stocks Score for ARKB = 22 | ||
Starting from a possible score of 100, we made the following score deductions: • We deducted point upon observing the 1's percentage was below the typical coverage universe range. • We deducted point upon observing the 2's percentage was below the typical coverage universe range. • We deducted point upon observing the 2's percentage was below the company's typical historical range. • We deducted points upon observing the 3's percentage was below the typical coverage universe range. • We deducted point upon observing the 3's percentage was below the company's typical historical range. • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier. • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the typical coverage universe range. • We deducted points upon observing the 5's percentage was above the typical coverage universe range. • We deducted point upon observing the 6's percentage was below the typical coverage universe range. • We deducted points upon observing the 7's percentage was below the typical coverage universe range. • We deducted points upon observing the 7's percentage was below the company's typical historical range. • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier. • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction. • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the typical coverage universe range. • We deducted points upon observing the 9's percentage was above the typical coverage universe range. |
| ARKB's Score Vs. Typical Stock | |||
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Check our work! We provide our ARK 21Shares Bitcoin ETF Benford's Law analysis for informational purposes only, and our software should be expected to
make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating
the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the ARKB filing
above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also
be helpful for exploring any columns in particular that caught your eye.
| 1's | 2's | 3's |
|---|---|---|
| We found 32 numbers that start with the digit 1. Here they are: 11,227 11,229 11,587 1,891,649 100.01 100.01 100.00 1,274,778 1,897,481 1,891,649 1,274,778 100 10,000 1,274,778 1 1 100,000 1,000 11,227 1,555 1,509 1,555 1,509 1,555 1,509 135,325 1,274,778 1,412,296 1,897,481 1,410,156 1,891,649 14 | We found 17 numbers that start with the digit 2. Here they are: 2,849,574,000 2,460,639 2 2 2 2 21 21 2 2 2,460,639 2,140 2,140 2,140 21 21 21 | We found 9 numbers that start with the digit 3. Here they are: 3,077,870 358 3,077,870 3,077,870 360 3,443,401 3,448,694 3,443,401 327 |
| 4's | 5's | 6's |
|---|---|---|
| We found 30 numbers that start with the digit 4. Here they are: 48,475,000 4,352,648 4,363,875 4,352,288 4,352,288 46,690,000 46,607.1028 4,352,648 46,607.1028 4,352,648 4,352,288 4,352,288 48,870,002 46,689,998 46.88 468,806.44 4,352,648 4,352,648 48,891.5263 46,607.1028 4,352,648 48,870,002 46,689,998 433,421 407,659 47,606 409,214 46,097 43.36 43.22 | We found 20 numbers that start with the digit 5. Here they are: 50.00 5,925 5,925 5,832 5,832 5,904,040 5,832 50.00 5,903,861 5,732,049 5,000 5,904,040 5,925 5,832 5,832 500 53,132 543,311 5,609 50.00 | We found 6 numbers that start with the digit 6. Here they are: 621,878 621,878 621,878 628 628 621,878 |
| 7's | 8's | 9's |
|---|---|---|
| We found 1 numbers that start with the digit 7. Here they are: 721
| We found 10 numbers that start with the digit 8. Here they are: 825 825 825 85 83 825 845,323 845,238 844,610 86.44 | We found 9 numbers that start with the digit 9. Here they are: 93.22 93 95,560,000 95,498.6291 95,560,000 93 93 978,375 93.22 |
While the above ARKB 10K Filed 3/26/2025 is interesting in isolation, we have found that it is also useful to take a look at older
ARK 21Shares Bitcoin ETF filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a
Benford's Law analysis. Below we repeat the 10K Filed 3/26/2025 but instead of the chart comparing against the typical company across
our coverage universe, below we show the same chart compared against the typical ARKB 10Q and 10K filings that we have processed
historically. This is followed by similar charts for each of those historical filings.
| 10K Filed 3/26/2025 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 134 ■ = Typical ARKB range from 3/26/2024 to 3/26/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/13/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 74 ■ = Typical ARKB range from 3/26/2024 to 3/26/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 11/12/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 118 ■ = Typical ARKB range from 3/26/2024 to 3/26/2025 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 3/26/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 24,807 ■ = Typical ARKB range from 3/26/2024 to 3/26/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/9/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 122 ■ = Typical ARKB range from 3/26/2024 to 3/26/2025 | ||||||||||||||||||||||||||||||||||||