Grayscale Ethereum Mini Etf Fundamentals
| ETH Etf | USD 30.49 0.90 3.04% |
Grayscale Ethereum Mini fundamentals help investors to digest information that contributes to Grayscale Ethereum's financial success or failures. It also enables traders to predict the movement of Grayscale Etf. The fundamental analysis module provides a way to measure Grayscale Ethereum's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Grayscale Ethereum etf.
Grayscale |
Grayscale Ethereum Mini ETF Beta Analysis
Grayscale Ethereum's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Grayscale Ethereum Beta | 1.16 |
Most of Grayscale Ethereum's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Grayscale Ethereum Mini is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Grayscale Ethereum Mini has a Beta of 1.16. This is much higher than that of the Consumer Cyclical family and significantly higher than that of the Digital Assets category. The beta for all United States etfs is notably lower than that of the firm.
Grayscale Ethereum Mini Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Grayscale Ethereum's current stock value. Our valuation model uses many indicators to compare Grayscale Ethereum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Grayscale Ethereum competition to find correlations between indicators driving Grayscale Ethereum's intrinsic value. More Info.Grayscale Ethereum Mini is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Grayscale Ethereum Mini is roughly 12.12 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Grayscale Ethereum's earnings, one of the primary drivers of an investment's value.Did you try this?
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As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Grayscale Ethereum will likely underperform.
Grayscale Fundamentals
| Return On Equity | 8.56 | |||
| Return On Asset | 4.57 | |||
| Profit Margin | 4.98 % | |||
| Operating Margin | 11.23 % | |||
| Current Valuation | 712.09 M | |||
| Shares Outstanding | 25.2 M | |||
| Shares Owned By Insiders | 10.06 % | |||
| Shares Owned By Institutions | 83.66 % | |||
| Number Of Shares Shorted | 1.19 M | |||
| Price To Earning | 22.67 X | |||
| Price To Book | 1.87 X | |||
| Price To Sales | 1.11 X | |||
| Revenue | 598.41 M | |||
| Gross Profit | 328.56 M | |||
| EBITDA | 67.23 M | |||
| Net Income | 29.77 M | |||
| Cash And Equivalents | 108.96 M | |||
| Cash Per Share | 4.32 X | |||
| Total Debt | 133.44 M | |||
| Debt To Equity | 0.37 % | |||
| Current Ratio | 1.29 X | |||
| Book Value Per Share | 14.16 X | |||
| Cash Flow From Operations | 116.13 M | |||
| Short Ratio | 2.34 X | |||
| Earnings Per Share | 1.17 X | |||
| Price To Earnings To Growth | 1.42 X | |||
| Number Of Employees | 3.37 K | |||
| Beta | 1.16 | |||
| Market Capitalization | 667.21 M | |||
| Total Asset | 688.75 M | |||
| Retained Earnings | 730.22 M | |||
| Working Capital | 191.47 M | |||
| Current Asset | 320.6 M | |||
| Current Liabilities | 129.13 M | |||
| Five Year Return | 3.58 % | |||
| Last Dividend Paid | 1.0 |
About Grayscale Ethereum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Grayscale Ethereum Mini's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grayscale Ethereum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grayscale Ethereum Mini based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Ethan Allen Interiors Inc. operates as an interior design company, and manufacturer and retailer of home furnishings in the United States and internationally. Ethan Allen Interiors Inc. was founded in 1932 and is headquartered in Danbury, Connecticut. Ethan Allen operates under Furnishings, Fixtures Appliances classification in the United States and is traded on New York Stock Exchange. It employs 3369 people.
Currently Active Assets on Macroaxis
| EBR | Centrais Electricas Brasileiras | |
| HE | Hawaiian Electric Industries | |
| VFC | VF Corporation | |
| BVHMF | Vistry Group PLC | |
| S | SentinelOne |
Check out Grayscale Ethereum Piotroski F Score and Grayscale Ethereum Altman Z Score analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.