Grayscale Ethereum Mini Etf Price on November 26, 2024
ETH Etf | USD 34.28 2.99 9.56% |
If you're considering investing in Grayscale Etf, it is important to understand the factors that can impact its price. As of today, the current price of Grayscale Ethereum stands at 34.28, as last reported on the 29th of November, with the highest price reaching 34.32 and the lowest price hitting 32.87 during the day. Grayscale Ethereum appears to be not too volatile, given 3 months investment horizon. Grayscale Ethereum Mini holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of standard deviation over the last 3 months. By evaluating Grayscale Ethereum's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please utilize Grayscale Ethereum's market risk adjusted performance of 0.2049, and Risk Adjusted Performance of 0.1159 to validate if our risk estimates are consistent with your expectations.
Grayscale Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Grayscale |
Sharpe Ratio = 0.1667
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Estimated Market Risk
4.36 actual daily | 38 62% of assets are more volatile |
Expected Return
0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Grayscale Ethereum is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Grayscale Ethereum by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Grayscale Ethereum Main Headline on 26th of November 2024
Ethereums trading volume has seen a significant spike in November, jumping by 85 percent from 3.84 billion to 7.13 billion mid-month.
Grayscale Ethereum Valuation on November 26, 2024
It is possible to determine the worth of Grayscale Ethereum on a given historical date. On November 26, 2024 Grayscale was worth 31.31 at the beginning of the trading date compared to the closed value of 31.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Ethereum etf. Still, in general, we apply an absolute valuation method to find Grayscale Ethereum's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Grayscale Ethereum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grayscale Ethereum's related companies.
Open | High | Low | Close | Volume | |
32.96 | 33.46 | 31.56 | 33.07 | 1,954,671 | |
11/26/2024 | 31.31 | 31.71 | 30.70 | 31.29 | 1,121,975 |
32.91 | 34.32 | 32.87 | 34.28 | 1,999,528 |
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Grayscale Ethereum Trading Date Momentum on November 26, 2024
On November 27 2024 Grayscale Ethereum Mini was traded for 34.28 at the closing time. Highest Grayscale Ethereum's price during the trading hours was 34.32 and the lowest price during the day was 32.87 . The net volume was 2 M. The overall trading history on the 27th of November contributed to the next trading period price growth. The overall trading delta to the next next day price was 9.56% . The overall trading delta to current price is 5.18% . |
Grayscale Ethereum Mini Fundamentals Correlations and Trends
By evaluating Grayscale Ethereum's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Grayscale Ethereum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grayscale financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grayscale Ethereum Etf history
Grayscale Ethereum investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Grayscale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grayscale Ethereum Mini will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Grayscale Ethereum stock prices may prove useful in developing a viable investing in Grayscale Ethereum
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Grayscale Ethereum Etf Technical Analysis
Grayscale Ethereum technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Grayscale Ethereum Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Grayscale Ethereum Mini cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Grayscale Ethereum November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Grayscale Ethereum etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grayscale Ethereum shares will generate the highest return on investment. By undertsting and applying Grayscale Ethereum etf market strength indicators, traders can identify Grayscale Ethereum Mini entry and exit signals to maximize returns
Grayscale Ethereum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grayscale Ethereum's price direction in advance. Along with the technical and fundamental analysis of Grayscale Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grayscale to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1159 | |||
Jensen Alpha | 0.2428 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.1465 | |||
Treynor Ratio | 0.1949 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Grayscale Ethereum Mini. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Grayscale Ethereum Mini is measured differently than its book value, which is the value of Grayscale that is recorded on the company's balance sheet. Investors also form their own opinion of Grayscale Ethereum's value that differs from its market value or its book value, called intrinsic value, which is Grayscale 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 Grayscale Ethereum's market value can be influenced by many factors that don't directly affect Grayscale 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 Grayscale Ethereum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Ethereum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale 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.