Grayscale Ethereum Trust Etf Price on November 29, 2024
ETHE Etf | USD 32.24 1.60 5.22% |
If you're considering investing in Grayscale OTC Etf, it is important to understand the factors that can impact its price. As of today, the current price of Grayscale Ethereum stands at 32.24, as last reported on the 12th of December 2024, with the highest price reaching 32.29 and the lowest price hitting 31.25 during the day. Grayscale Ethereum appears to be not too volatile, given 3 months investment horizon. Grayscale Ethereum Trust holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of standard deviation over the last 3 months. By evaluating Grayscale Ethereum's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please utilize Grayscale Ethereum's risk adjusted performance of 0.143, and Market Risk Adjusted Performance of 0.2843 to validate if our risk estimates are consistent with your expectations.
Grayscale OTC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Grayscale |
Sharpe Ratio = 0.1852
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ETHE | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
4.42 actual daily | 39 61% of assets are more volatile |
Expected Return
0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Grayscale Ethereum is performing at about 14% 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 Grayscale Ethereum by adding it to a well-diversified portfolio.
Related Headline
Vanguard Total Headline on 29th of November 2024
Centric Wealth Management Invests 217,000 in Vanguard Total ... by thelincolnianonline.com
Centric Wealth Management purchased a new stake in shares of Vanguard Total Stock Market ETF in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7 shares of the companys stock, valued at approximately 217,000. Several other institutional investors have also recently
Grayscale Ethereum Valuation on November 29, 2024
It is possible to determine the worth of Grayscale Ethereum on a given historical date. On November 29, 2024 Grayscale was worth 30.29 at the beginning of the trading date compared to the closed value of 30.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Ethereum otc etf. Still, in general, we apply an absolute valuation method to find Grayscale Ethereum'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 Grayscale Ethereum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grayscale Ethereum's related companies.
Open | High | Low | Close | Volume | |
29.36 | 30.59 | 29.29 | 30.53 | 6,226,527 | |
11/29/2024 | 30.29 | 30.71 | 30.10 | 30.15 | 2,518,638 |
30.51 | 30.99 | 29.88 | 30.38 | 5,384,499 |
Backtest Grayscale Ethereum | | | Grayscale Ethereum History | Previous | Next |
Grayscale Ethereum Trading Date Momentum on November 29, 2024
On December 02 2024 Grayscale Ethereum Trust was traded for 30.38 at the closing time. The top price for the day was 30.99 and the lowest listed price was 29.88 . The trading volume for the day was 5.4 M. The trading history from December 2, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.76% . The overall trading delta against the current closing price is 8.23% . |
About Grayscale Ethereum OTC Etf history
Grayscale Ethereum 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 Grayscale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grayscale Ethereum Trust 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 Grayscale Ethereum stock prices may prove useful in developing a viable investing in Grayscale Ethereum
Grayscale Ethereum OTC Etf Technical Analysis
Grayscale Ethereum technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Grayscale Ethereum Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Grayscale Ethereum Trust cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Grayscale Ethereum December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Grayscale Ethereum otc etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grayscale Ethereum shares will generate the highest return on investment. By undertsting and applying Grayscale Ethereum otc etf market strength indicators, traders can identify Grayscale Ethereum Trust entry and exit signals to maximize returns
Grayscale Ethereum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grayscale Ethereum's price direction in advance. Along with the technical and fundamental analysis of Grayscale OTC Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grayscale 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 | 0.143 | |||
Jensen Alpha | 0.4647 | |||
Total Risk Alpha | 0.1113 | |||
Sortino Ratio | 0.2126 | |||
Treynor Ratio | 0.2743 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Grayscale OTC Etf
Grayscale Ethereum financial ratios help investors to determine whether Grayscale OTC 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 Grayscale with respect to the benefits of owning Grayscale Ethereum security.