Franklin Ethereum Etf Market Value
| EZET Etf | 14.76 0.07 0.48% |
| Symbol | Franklin |
The market value of Franklin Ethereum ETF is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Ethereum's value that differs from its market value or its book value, called intrinsic value, which is Franklin 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 Franklin Ethereum's market value can be influenced by many factors that don't directly affect Franklin 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 Franklin Ethereum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Ethereum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin 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.
Franklin 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 Franklin 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 Franklin Ethereum.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Franklin Ethereum on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Ethereum ETF or generate 0.0% return on investment in Franklin Ethereum over 90 days. Franklin Ethereum is related to or competes with ProShares Trust, Hashdex Nasdaq, IShares Ethereum, Volatility Shares, and VanEck Ethereum. Franklin Ethereum is entity of United States More
Franklin 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 Franklin 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 Franklin Ethereum ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 25.06 | |||
| Value At Risk | (8.10) | |||
| Potential Upside | 4.56 |
Franklin Ethereum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Ethereum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Ethereum's standard deviation. In reality, there are many statistical measures that can use Franklin Ethereum historical prices to predict the future Franklin Ethereum's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.91) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (1.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Ethereum's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Franklin Ethereum ETF Backtested Returns
Franklin Ethereum ETF secures Sharpe Ratio (or Efficiency) of -0.23, which denotes the etf had a -0.23 % return per unit of standard deviation over the last 3 months. Franklin Ethereum ETF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Ethereum's Standard Deviation of 4.6, coefficient of variation of (454.89), and Mean Deviation of 3.57 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.99, which means possible diversification benefits within a given portfolio. Franklin Ethereum returns are very sensitive to returns on the market. As the market goes up or down, Franklin Ethereum is expected to follow.
Auto-correlation | 0.67 |
Good predictability
Franklin Ethereum ETF has good predictability. Overlapping area represents the amount of predictability between Franklin 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 Franklin Ethereum ETF price movement. The serial correlation of 0.67 indicates that around 67.0% of current Franklin Ethereum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 7.05 |
Franklin Ethereum ETF lagged returns against current returns
Autocorrelation, which is Franklin 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 Franklin Ethereum's etf expected returns. We can calculate the autocorrelation of Franklin Ethereum returns to help us make a trade decision. For example, suppose you find that Franklin 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 |
Franklin 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 Franklin Ethereum etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Ethereum etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Ethereum etf over time.
Current vs Lagged Prices |
| Timeline |
Franklin Ethereum Lagged Returns
When evaluating Franklin Ethereum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Ethereum etf have on its future price. Franklin 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, Franklin Ethereum autocorrelation shows the relationship between Franklin Ethereum etf current value and its past values and can show if there is a momentum factor associated with investing in Franklin Ethereum ETF.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Franklin Ethereum Correlation, Franklin Ethereum Volatility and Franklin Ethereum Alpha and Beta module to complement your research on Franklin Ethereum. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Franklin 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.