Etherfi Financials
| ETHFI Crypto | USD 2.56 0.20 8.47% |
Etherfi |
Please note, the presentation of Etherfi's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Etherfi's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Etherfi's management manipulating its earnings.
Etherfi Crypto Summary
Etherfi competes with XRP, Solana, Staked Ether, Sui, and Toncoin. Ether.fi is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Etherfi Systematic Risk
Etherfi's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Etherfi volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Etherfi correlated with the market. If Beta is less than 0 Etherfi generally moves in the opposite direction as compared to the market. If Etherfi Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Etherfi is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Etherfi is generally in the same direction as the market. If Beta > 1 Etherfi moves generally in the same direction as, but more than the movement of the benchmark.
Etherfi November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Etherfi help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Etherfi. We use our internally-developed statistical techniques to arrive at the intrinsic value of Etherfi based on widely used predictive technical indicators. In general, we focus on analyzing Etherfi Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Etherfi's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.83 | |||
| Information Ratio | 0.1459 | |||
| Maximum Drawdown | 36.03 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 16.03 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etherfi. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.