Vaneck Ethereum Etf Market Value
| ETHV Etf | 28.32 1.23 4.54% |
| Symbol | VanEck |
The market value of VanEck Ethereum ETF is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Ethereum's value that differs from its market value or its book value, called intrinsic value, which is VanEck Ethereum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Ethereum's market value can be influenced by many factors that don't directly affect VanEck Ethereum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Ethereum's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Ethereum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck 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.
VanEck 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 VanEck Ethereum's 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 VanEck Ethereum.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in VanEck Ethereum on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding VanEck Ethereum ETF or generate 0.0% return on investment in VanEck Ethereum over 90 days. VanEck Ethereum is related to or competes with ProShares Trust, Hashdex Nasdaq, IShares Ethereum, Volatility Shares, and . VanEck Ethereum is entity of United States More
VanEck 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 VanEck Ethereum's 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 VanEck Ethereum ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 24.91 | |||
| Value At Risk | (8.17) | |||
| Potential Upside | 4.54 |
VanEck Ethereum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Ethereum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VanEck Ethereum's standard deviation. In reality, there are many statistical measures that can use VanEck Ethereum historical prices to predict the future VanEck Ethereum's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.91) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (1.03) |
VanEck Ethereum ETF Backtested Returns
VanEck Ethereum ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.23, which indicates the etf had a -0.23 % return per unit of risk over the last 3 months. VanEck Ethereum ETF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Ethereum's Coefficient Of Variation of (453.22), risk adjusted performance of (0.18), and Variance of 20.97 to confirm the risk estimate we provide. The entity has a beta of 0.99, which indicates possible diversification benefits within a given portfolio. VanEck Ethereum returns are very sensitive to returns on the market. As the market goes up or down, VanEck Ethereum is expected to follow.
Auto-correlation | 0.66 |
Good predictability
VanEck Ethereum ETF has good predictability. Overlapping area represents the amount of predictability between VanEck Ethereum time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 VanEck Ethereum ETF price movement. The serial correlation of 0.66 indicates that around 66.0% of current VanEck Ethereum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 26.13 |
VanEck Ethereum ETF lagged returns against current returns
Autocorrelation, which is VanEck Ethereum 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 VanEck Ethereum's etf expected returns. We can calculate the autocorrelation of VanEck Ethereum returns to help us make a trade decision. For example, suppose you find that VanEck Ethereum has exhibited high autocorrelation historically, and you observe that the 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 |
VanEck 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 VanEck Ethereum etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VanEck Ethereum etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VanEck Ethereum etf over time.
Current vs Lagged Prices |
| Timeline |
VanEck Ethereum Lagged Returns
When evaluating VanEck Ethereum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VanEck Ethereum etf have on its future price. VanEck 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, VanEck Ethereum autocorrelation shows the relationship between VanEck Ethereum etf current value and its past values and can show if there is a momentum factor associated with investing in VanEck Ethereum ETF.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out VanEck Ethereum Correlation, VanEck Ethereum Volatility and VanEck Ethereum Alpha and Beta module to complement your research on VanEck Ethereum. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
VanEck Ethereum 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.