ETHER Financials
| ETHER Crypto | USD 0.0001 0.000018 12.33% |
ETHER |
Please note, the presentation of ETHER'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, ETHER's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ETHER's management manipulating its earnings.
ETHER Crypto Summary
ETHER competes with XRP, Solana, Staked Ether, Sui, and Toncoin. ETHER 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 |
ETHER Systematic Risk
ETHER's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ETHER 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on ETHER correlated with the market. If Beta is less than 0 ETHER generally moves in the opposite direction as compared to the market. If ETHER Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ETHER is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ETHER is generally in the same direction as the market. If Beta > 1 ETHER moves generally in the same direction as, but more than the movement of the benchmark.
ETHER November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ETHER help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ETHER. We use our internally-developed statistical techniques to arrive at the intrinsic value of ETHER based on widely used predictive technical indicators. In general, we focus on analyzing ETHER Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ETHER's daily price indicators and compare them against related drivers.
| Downside Deviation | 13.35 | |||
| Information Ratio | 0.077 | |||
| Maximum Drawdown | 50.85 | |||
| Value At Risk | (20.63) | |||
| Potential Upside | 21.0 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ETHER. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.