Ishares Ethereum Trust Etf Price on September 16, 2024
ETHA Etf | 25.15 1.45 5.45% |
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of IShares Ethereum stands at 25.15, as last reported on the 26th of November, with the highest price reaching 25.49 and the lowest price hitting 24.66 during the day. IShares Ethereum appears to be not too volatile, given 3 months investment horizon. iShares Ethereum Trust holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By evaluating IShares Ethereum's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize IShares Ethereum's Market Risk Adjusted Performance of 0.1499, risk adjusted performance of 0.0922, and Downside Deviation of 3.12 to validate if our risk estimates are consistent with your expectations.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IShares |
Sharpe Ratio = 0.1491
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Estimated Market Risk
4.07 actual daily | 36 64% of assets are more volatile |
Expected Return
0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average IShares Ethereum is performing at about 11% 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 IShares Ethereum by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
IShares Ethereum Valuation on September 16, 2024
It is possible to determine the worth of IShares Ethereum on a given historical date. On September 16, 2024 IShares was worth 17.48 at the beginning of the trading date compared to the closed value of 17.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Ethereum etf. Still, in general, we apply an absolute valuation method to find IShares 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 IShares Ethereum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Ethereum's related companies.
Open | High | Low | Close | Volume | |
17.80 | 18.43 | 17.79 | 18.39 | 1,233,024 | |
09/16/2024 | 17.48 | 17.50 | 17.20 | 17.23 | 1,326,156 |
17.63 | 18.15 | 17.46 | 17.84 | 1,877,967 |
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IShares Ethereum Trading Date Momentum on September 16, 2024
On September 17 2024 iShares Ethereum Trust was traded for 17.84 at the closing time. The top price for the day was 18.15 and the lowest listed price was 17.46 . The trading volume for the day was 1.9 M. The trading history from September 17, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 3.54% . The trading date delta against the current closing price is 15.55% . |
About IShares Ethereum Etf history
IShares 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 IShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iShares Ethereum Trust 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 IShares Ethereum stock prices may prove useful in developing a viable investing in IShares Ethereum
IShares Ethereum Etf Technical Analysis
IShares 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
IShares Ethereum Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
iShares Ethereum Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
IShares Ethereum November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares 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 IShares Ethereum shares will generate the highest return on investment. By undertsting and applying IShares Ethereum etf market strength indicators, traders can identify iShares Ethereum Trust entry and exit signals to maximize returns
IShares Ethereum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Ethereum's price direction in advance. Along with the technical and fundamental analysis of IShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IShares 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 | 0.0922 | |||
Jensen Alpha | 0.0666 | |||
Total Risk Alpha | (0.19) | |||
Sortino Ratio | 0.1027 | |||
Treynor Ratio | 0.1399 |
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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.