Ether Fund Price on July 31, 2024
| QETH-UN Etf | 77.06 1.25 1.65% |
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 77.06, as last reported on the 26th of December, with the highest price reaching 77.97 and the lowest price hitting 76.61 during the day. Ether Fund appears to be very steady, given 3 months investment horizon. Ether Fund secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the etf had a 0.14% 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 0.6% is justified by implied risk. Please utilize Ether Fund's Mean Deviation of 3.07, coefficient of variation of 715.79, and Downside Deviation of 3.59 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 = 0.1385
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Estimated Market Risk
| 4.31 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Ether Fund 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 Fund by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Ether Fund Valuation on July 31, 2024
It is possible to determine the worth of Ether Fund on a given historical date. On July 31, 2024 Ether was worth 68.53 at the beginning of the trading date compared to the closed value of 67.03. 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 | |
| 68.42 | 68.70 | 67.94 | 67.96 | 1,095 | |
07/31/2024 | 68.53 | 68.53 | 66.90 | 67.03 | 5,243 |
| 66.06 | 66.06 | 63.85 | 64.54 | 5,536 |
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Ether Fund Trading Date Momentum on July 31, 2024
| On August 01 2024 Ether Fund was traded for 64.54 at the closing time. The highest price during the trading period was 66.06 and the lowest recorded bid was listed for 63.85 . The volume for the day was 5.5 K. This history from August 1, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.71% . The overall trading delta to the current price is 16.81% . |
About Ether Fund Etf history
Ether Fund 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 Fund 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 Fund stock prices may prove useful in developing a viable investing in Ether Fund
Ether Fund Etf Technical Analysis
Ether Fund 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 Fund Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Ether Fund 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 Fund December 26, 2024 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.
| Risk Adjusted Performance | 0.1191 | |||
| Jensen Alpha | 0.603 | |||
| Total Risk Alpha | 0.3507 | |||
| Sortino Ratio | 0.1499 | |||
| Treynor Ratio | (1.16) |
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Other Information on Investing in Ether Etf
Ether Fund 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 Fund security.