Ether Fund Price on November 28, 2023
| QETH-U Etf | 52.00 0.20 0.39% |
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 Fund stands at 52.00, as last reported on the 2nd of January, with the highest price reaching 52.00 and the lowest price hitting 52.00 during the day. Ether Fund appears to be not too volatile, given 3 months investment horizon. Ether Fund secures Sharpe Ratio (or Efficiency) of 0.0541, which denotes the etf had a 0.0541% return per unit of risk over the last 3 months. By reviewing Ether Fund's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Ether Fund's Mean Deviation of 6.95, coefficient of variation of 1120.62, and Downside Deviation of 9.81 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 = 0.0541
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Estimated Market Risk
| 10.16 actual daily | 90 90% of assets are less volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Ether Fund is performing at about 4% 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 Fund by adding it to a well-diversified portfolio.
Ether Fund Valuation on November 28, 2023
It is possible to determine the worth of Ether Fund on a given historical date. On November 28, 2023 Ether was worth 32.0 at the beginning of the trading date compared to the closed value of 32.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ether Fund etf. Still, in general, we apply an absolute valuation method to find Ether Fund'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 Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ether Fund's related companies.
| Open | High | Low | Close | Volume | |
| 33.77 | 33.77 | 31.99 | 32.00 | 4,640 | |
11/28/2023 | 32.00 | 32.89 | 32.00 | 32.65 | 1,900 |
| 32.15 | 32.15 | 32.08 | 32.11 | 610.00 |
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Ether Fund Trading Date Momentum on November 28, 2023
| On November 29 2023 Ether Fund was traded for 32.11 at the closing time. The highest price during the trading period was 32.15 and the lowest recorded bid was listed for 32.08 . The volume for the day was 610. This history from November 29, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.65% . The overall trading delta to the current price is 16.36% . |
Price Boundaries
Ether Fund Period Price Range
Low | January 2, 2025
| High |
0.00 | 0.00 |
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Ether Fund January 2, 2025 Market Strength
Market strength indicators help investors to evaluate how Ether Fund 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 Fund shares will generate the highest return on investment. By undertsting and applying Ether Fund etf market strength indicators, traders can identify Ether Fund entry and exit signals to maximize returns
Ether Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ether Fund'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.