Ethena Financials
| ENA Crypto | USD 0.76 0.08 11.76% |
Ethena |
Please note, the presentation of Ethena's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ethena's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ethena's management manipulating its earnings.
Ethena Crypto Summary
Ethena competes with Ethena USDe, Staked Ether, Phala Network, EigenLayer, and Tokocrypto. Ethena is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Ethena Systematic Risk
Ethena's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ethena volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Ethena correlated with the market. If Beta is less than 0 Ethena generally moves in the opposite direction as compared to the market. If Ethena Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ethena is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ethena is generally in the same direction as the market. If Beta > 1 Ethena moves generally in the same direction as, but more than the movement of the benchmark.
Ethena February 2, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ethena help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ethena. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ethena based on widely used predictive technical indicators. In general, we focus on analyzing Ethena Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ethena's daily price indicators and compare them against related drivers.
| Downside Deviation | 8.87 | |||
| Information Ratio | 0.1459 | |||
| Maximum Drawdown | 63.26 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 18.33 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethena. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.