Ether Etf Cad Etf Price on December 29, 2023
If you're considering investing in Ether Etf, it is important to understand the factors that can impact its price. Ether ETF appears to be somewhat reliable, given 3 months investment horizon. Ether ETF CAD secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the etf had a 0.11% 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 0.52% is justified by implied risk. Please utilize Ether ETF's Mean Deviation of 3.42, coefficient of variation of 882.47, and Downside Deviation of 3.92 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 = 0.1133
| Best Portfolio | Best Equity | |||
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| Small Returns | ETHR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.61 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Ether ETF is performing at about 8% 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.
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.
| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Price Boundaries
Ether ETF Period Price Range
Low | January 10, 2025
| 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 January 10, 2025 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 | 0.0986 | |||
| Jensen Alpha | 0.4888 | |||
| Total Risk Alpha | 0.4111 | |||
| Sortino Ratio | 0.1263 | |||
| Treynor Ratio | 0.3806 |
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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.