Ether Etf Cad Etf Price on May 7, 2024
| ETHR Etf | CAD 16.77 0.32 1.95% |
If you're considering investing in Ether Etf, it is important to understand the factors that can impact its price. As of today, the current price of Ether ETF stands at 16.77, as last reported on the 22nd of December, with the highest price reaching 17.01 and the lowest price hitting 16.16 during the day. Ether ETF appears to be somewhat reliable, given 3 months investment horizon. Ether ETF CAD secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the etf had a 0.13% return per unit of risk over the last 3 months. By reviewing Ether ETF's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Ether ETF's Mean Deviation of 3.32, downside deviation of 3.62, and Coefficient Of Variation of 648.6 to check if our risk estimates are consistent with your expectations.
Ether Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Ether |
Sharpe Ratio = 0.1296
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Estimated Market Risk
| 4.41 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Ether ETF is performing at about 10% 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 Ether ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Ether ETF Valuation on May 7, 2024
It is possible to determine the worth of Ether ETF on a given historical date. On May 7, 2024 Ether was worth 14.4 at the beginning of the trading date compared to the closed value of 14.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ether ETF etf. Still, in general, we apply an absolute valuation method to find Ether ETF'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 Ether ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ether ETF's related companies.
| Open | High | Low | Close | Volume | |
| 14.52 | 14.65 | 14.32 | 14.36 | 15,000 | |
05/07/2024 | 14.40 | 14.45 | 14.32 | 14.37 | 3,000 |
| 14.10 | 14.20 | 14.06 | 14.06 | 5,500 |
| Backtest Ether ETF | | | Ether ETF History | | | Ether ETF Valuation | Previous | Next |
Ether ETF Trading Date Momentum on May 7, 2024
| On May 08 2024 Ether ETF CAD was traded for 14.06 at the closing time. The highest price during the trading period was 14.20 and the lowest recorded bid was listed for 14.06 . The volume for the day was 5.5 K. This history from May 8, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.16% . The overall trading delta to the current price is 0.35% . |
About Ether ETF Etf history
Ether ETF 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 Ether is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ether ETF CAD 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 Ether ETF stock prices may prove useful in developing a viable investing in Ether ETF
Ether ETF Etf Technical Analysis
Ether ETF 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
Ether ETF Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Ether ETF CAD cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Ether ETF December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Ether ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ether ETF shares will generate the highest return on investment. By undertsting and applying Ether ETF etf market strength indicators, traders can identify Ether ETF CAD entry and exit signals to maximize returns
Ether ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ether ETF's price direction in advance. Along with the technical and fundamental analysis of Ether Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ether 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 | 0.1303 | |||
| Jensen Alpha | 0.6199 | |||
| Total Risk Alpha | 0.5466 | |||
| Sortino Ratio | 0.179 | |||
| Treynor Ratio | 0.2962 |
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Other Information on Investing in Ether Etf
Ether ETF financial ratios help investors to determine whether Ether 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 Ether with respect to the benefits of owning Ether ETF security.