IShares Ethereum Financials
| ETHA Etf | 26.60 1.63 6.53% |
IShares |
The data published in IShares Ethereum's official financial statements typically reflect IShares Ethereum's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving IShares Ethereum's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares Ethereum's liquidity, profitability, and earnings quality within the context of the Digital Assets space in which it operates.
Please note, the presentation of IShares Ethereum'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, IShares Ethereum's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IShares Ethereum's management manipulating its earnings.
IShares Ethereum Etf Summary
IShares Ethereum competes with Grayscale Bitcoin, Grayscale Bitcoin, and First Trust. IShares Ethereum is entity of United States. It is traded as Etf on NASDAQ exchange.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 46438R105 |
| Region | Global |
| Investment Issuer | iShares |
| Fund Category | Alternative Currency |
| Portfolio Concentration | Cryptocurrency |
| Benchmark | Dow Jones Industrial |
iShares Ethereum Trust Systematic Risk
IShares Ethereum's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares Ethereum 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on iShares Ethereum Trust correlated with the market. If Beta is less than 0 IShares Ethereum generally moves in the opposite direction as compared to the market. If IShares Ethereum Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares Ethereum Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares Ethereum is generally in the same direction as the market. If Beta > 1 IShares Ethereum moves generally in the same direction as, but more than the movement of the benchmark.
About IShares Ethereum Financials
What exactly are IShares Ethereum Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include IShares Ethereum's income statement, its balance sheet, and the statement of cash flows. Potential IShares Ethereum investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IShares Ethereum investors may use each financial statement separately, they are all related. The changes in IShares Ethereum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares Ethereum's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.IShares Ethereum Thematic Clasifications
iShares Ethereum Trust is part of several thematic ideas from Alternative Currency ETFs to Cryptocurrency ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasIShares Ethereum November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares Ethereum help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares Ethereum Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares Ethereum Trust based on widely used predictive technical indicators. In general, we focus on analyzing IShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IShares Ethereum's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.12 | |||
| Information Ratio | 0.0784 | |||
| Maximum Drawdown | 17.89 | |||
| Value At Risk | (4.67) | |||
| Potential Upside | 7.78 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iShares Ethereum Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of iShares Ethereum Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Ethereum's value that differs from its market value or its book value, called intrinsic value, which is IShares Ethereum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Ethereum's market value can be influenced by many factors that don't directly affect IShares Ethereum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Ethereum's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Ethereum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Ethereum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.