Bitwise Ethereum Etf Price on November 25, 2024
| ETHW Etf | 25.80 0.28 1.07% |
If you're considering investing in Bitwise Etf, it is important to understand the factors that can impact its price. As of today, the current price of Bitwise Ethereum stands at 25.80, as last reported on the 1st of December, with the highest price reaching 26.22 and the lowest price hitting 25.70 during the day. Bitwise Ethereum appears to be not too volatile, given 3 months investment horizon. Bitwise Ethereum ETF secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the etf had a 0.16% return per unit of risk over the last 3 months. By analyzing Bitwise Ethereum's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please makes use of Bitwise Ethereum's Downside Deviation of 3.14, risk adjusted performance of 0.1235, and Mean Deviation of 3.16 to double-check if our risk estimates are consistent with your expectations.
Bitwise Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Bitwise |
Sharpe Ratio = 0.1629
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.23 actual daily | 37 63% 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 Bitwise 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 Bitwise Ethereum by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Bitwise Ethereum Valuation on November 25, 2024
It is possible to determine the worth of Bitwise Ethereum on a given historical date. On November 25, 2024 Bitwise was worth 25.09 at the beginning of the trading date compared to the closed value of 25.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bitwise Ethereum etf. Still, in general, we apply an absolute valuation method to find Bitwise 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 Bitwise Ethereum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bitwise Ethereum's related companies.
| Open | High | Low | Close | Volume | |
| 23.69 | 23.89 | 23.50 | 23.66 | 319,019 | |
11/25/2024 | 25.09 | 25.47 | 24.09 | 25.17 | 656,045 |
| 23.82 | 24.13 | 23.35 | 23.84 | 421,840 |
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Bitwise Ethereum Trading Date Momentum on November 25, 2024
| On November 26 2024 Bitwise Ethereum ETF was traded for 23.84 at the closing time. The top price for the day was 24.13 and the lowest listed price was 23.35 . The trading volume for the day was 421.8 K. The trading history from November 26, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.28% . The overall trading delta against the current closing price is 2.78% . |
About Bitwise Ethereum Etf history
Bitwise 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 Bitwise is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bitwise 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 Bitwise Ethereum stock prices may prove useful in developing a viable investing in Bitwise Ethereum
Bitwise Ethereum Etf Technical Analysis
Bitwise 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
Bitwise Ethereum Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Bitwise Ethereum ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
Bitwise Ethereum December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Bitwise 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 Bitwise Ethereum shares will generate the highest return on investment. By undertsting and applying Bitwise Ethereum etf market strength indicators, traders can identify Bitwise Ethereum ETF entry and exit signals to maximize returns
Bitwise Ethereum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bitwise Ethereum's price direction in advance. Along with the technical and fundamental analysis of Bitwise Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bitwise 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 | 0.1235 | |||
| Jensen Alpha | 0.2504 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1571 | |||
| Treynor Ratio | 0.2136 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Bitwise 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Bitwise Ethereum ETF is measured differently than its book value, which is the value of Bitwise that is recorded on the company's balance sheet. Investors also form their own opinion of Bitwise Ethereum's value that differs from its market value or its book value, called intrinsic value, which is Bitwise 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 Bitwise Ethereum's market value can be influenced by many factors that don't directly affect Bitwise 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 Bitwise Ethereum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Ethereum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise 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.