Grayscale Ethereum Trust Etf Market Value
| ETHE Etf | USD 27.73 0.69 2.55% |
| Symbol | Grayscale |
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.
Grayscale Ethereum 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Grayscale Ethereum's otc etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Grayscale Ethereum.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Grayscale Ethereum on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Grayscale Ethereum Trust or generate 0.0% return on investment in Grayscale Ethereum over 30 days. Grayscale Ethereum is related to or competes with Grayscale Bitcoin, Grayscale Litecoin Trust, Grayscale Digital, Bitwise 10, and Riot Blockchain. More
Grayscale Ethereum Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Grayscale Ethereum's otc etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Grayscale Ethereum Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.12 | |||
| Information Ratio | 0.099 | |||
| Maximum Drawdown | 22.67 | |||
| Value At Risk | (6.18) | |||
| Potential Upside | 9.14 |
Grayscale Ethereum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Ethereum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grayscale Ethereum's standard deviation. In reality, there are many statistical measures that can use Grayscale Ethereum historical prices to predict the future Grayscale Ethereum's volatility.| Risk Adjusted Performance | 0.1053 | |||
| Jensen Alpha | 0.5514 | |||
| Total Risk Alpha | 0.1488 | |||
| Sortino Ratio | 0.1126 | |||
| Treynor Ratio | (1.90) |
Grayscale Ethereum Trust Backtested Returns
Grayscale Ethereum appears to be not too volatile, given 3 months investment horizon. Grayscale Ethereum Trust holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % 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 0.62% is justified by implied risk. Please utilize Grayscale Ethereum's risk adjusted performance of 0.1053, and Market Risk Adjusted Performance of (1.89) to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of -0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grayscale Ethereum are expected to decrease at a much lower rate. During the bear market, Grayscale Ethereum is likely to outperform the market.
Auto-correlation | 0.52 |
Modest predictability
Grayscale Ethereum Trust has modest predictability. Overlapping area represents the amount of predictability between Grayscale Ethereum time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Grayscale Ethereum Trust price movement. The serial correlation of 0.52 indicates that about 52.0% of current Grayscale Ethereum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.9 |
Grayscale Ethereum Trust lagged returns against current returns
Autocorrelation, which is Grayscale Ethereum otc etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Grayscale Ethereum's otc etf expected returns. We can calculate the autocorrelation of Grayscale Ethereum returns to help us make a trade decision. For example, suppose you find that Grayscale Ethereum has exhibited high autocorrelation historically, and you observe that the otc etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Grayscale Ethereum regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Grayscale Ethereum otc etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grayscale Ethereum otc etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grayscale Ethereum otc etf over time.
Current vs Lagged Prices |
| Timeline |
Grayscale Ethereum Lagged Returns
When evaluating Grayscale Ethereum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grayscale Ethereum otc etf have on its future price. Grayscale Ethereum autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Grayscale Ethereum autocorrelation shows the relationship between Grayscale Ethereum otc etf current value and its past values and can show if there is a momentum factor associated with investing in Grayscale Ethereum Trust.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Grayscale OTC Etf
Grayscale Ethereum financial ratios help investors to determine whether Grayscale OTC Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Grayscale with respect to the benefits of owning Grayscale Ethereum security.