Vaneck Ethereum Etf Price on September 16, 2024
ETHV Etf | 52.88 0.16 0.30% |
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. As of today, the current price of VanEck Ethereum stands at 52.88, as last reported on the 3rd of December, with the highest price reaching 53.85 and the lowest price hitting 52.13 during the day. VanEck Ethereum appears to be very steady, given 3 months investment horizon. VanEck Ethereum ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. By inspecting VanEck Ethereum's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please review VanEck Ethereum's Semi Deviation of 2.87, coefficient of variation of 674.6, and Risk Adjusted Performance of 0.1215 to confirm if our risk estimates are consistent with your expectations.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
VanEck |
Sharpe Ratio = 0.1611
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Estimated Market Risk
4.31 actual daily | 38 62% of assets are more volatile |
Expected Return
0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average VanEck Ethereum is performing at about 12% 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 VanEck Ethereum by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
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First Trust Headline on 16th of September 2024
Crypterium Price Reaches 0.0191 on Exchanges by thelincolnianonline.com
Crypterium traded down 0.1 percent against the dollar during the one day period ending at 1100 AM E.T. on September 16th. Over the last seven days, Crypterium has traded up 31.3 percent against the dollar. One Crypterium token can currently be bought for 0.0191 or 0.00000033 BTC on popular exchanges. Crypterium has a market cap of
VanEck Ethereum Valuation on September 16, 2024
It is possible to determine the worth of VanEck Ethereum on a given historical date. On September 16, 2024 VanEck was worth 33.75 at the beginning of the trading date compared to the closed value of 33.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of VanEck Ethereum etf. Still, in general, we apply an absolute valuation method to find VanEck 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 VanEck Ethereum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against VanEck Ethereum's related companies.
Open | High | Low | Close | Volume | |
34.39 | 35.62 | 34.39 | 35.51 | 77,179 | |
09/16/2024 | 33.75 | 33.75 | 33.21 | 33.28 | 89,721 |
34.04 | 34.99 | 33.84 | 34.44 | 108,740 |
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VanEck Ethereum Trading Date Momentum on September 16, 2024
On September 17 2024 VanEck Ethereum ETF was traded for 34.44 at the closing time. The top price for the day was 34.99 and the lowest listed price was 33.84 . The trading volume for the day was 108.7 K. The trading history from September 17, 2024 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 3.49% . The trading price change against the current closing price is 15.69% . |
About VanEck Ethereum Etf history
VanEck 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 VanEck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VanEck Ethereum ETF 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 VanEck Ethereum stock prices may prove useful in developing a viable investing in VanEck Ethereum
VanEck Ethereum Etf Technical Analysis
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.
Price Boundaries
VanEck Ethereum Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
VanEck Ethereum ETF cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
VanEck Ethereum December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Ethereum etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VanEck Ethereum shares will generate the highest return on investment. By undertsting and applying VanEck Ethereum etf market strength indicators, traders can identify VanEck Ethereum ETF entry and exit signals to maximize returns
VanEck Ethereum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Ethereum's price direction in advance. Along with the technical and fundamental analysis of VanEck Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VanEck 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 | 0.1215 | |||
Jensen Alpha | 0.285 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | 0.1583 | |||
Treynor Ratio | 0.2108 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Ethereum ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.